Old National Bancorp (NASDAQ: ONB) on Tuesday, soared 0.99% from the previous trading day, before settling in for the closing price of $17.10. Within the past 52 weeks, ONB’s price has moved between $12.36 and $17.82.
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Financial Sector giant saw their annual sales surged by 31.37% over the last five years. The company achieved an average annual earnings per share of -10.44%. With a float of $315.88 million, this company’s outstanding shares have now reached $318.97 million.
The firm has a total of 3940 workers. Let’s measure their productivity.
Old National Bancorp (ONB) Breakdown of a Key Holders of the stock
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Old National Bancorp is 0.97%, while institutional ownership is 78.16%. The most recent insider transaction that took place on Jun 11 ’24, was worth 272,924. In this transaction CEO, WEALTH MANAGEMENT of this company sold 17,165 shares at a rate of $15.90, taking the stock ownership to the 50,001 shares. Before that another transaction happened on Apr 25 ’24, when Company’s CHIEF FINANCIAL OFFICER sold 49,375 for $16.28, making the entire transaction worth $803,825. This insider now owns 88,712 shares in total.
Old National Bancorp (ONB) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -10.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 9.72% growth over the previous five years of trading.
Old National Bancorp (NASDAQ: ONB) Trading Performance Indicators
Old National Bancorp (ONB) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.08. Likewise, its price to free cash flow for the trailing twelve months is 10.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.85, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 2.03 in one year’s time.
Technical Analysis of Old National Bancorp (ONB)
Analysing the last 5-days average volume posted by the [Old National Bancorp, ONB], we can find that recorded value of 2.08 million was better than the volume posted last year of 2.02 million. As of the previous 9 days, the stock’s Stochastic %D was 93.59%. Additionally, its Average True Range was 0.35.
During the past 100 days, Old National Bancorp’s (ONB) raw stochastic average was set at 77.64%, which indicates a significant decrease from 97.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.77% in the past 14 days, which was lower than the 26.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.78, while its 200-day Moving Average is $15.99. Now, the first resistance to watch is $17.37. This is followed by the second major resistance level at $17.47. The third major resistance level sits at $17.62. If the price goes on to break the first support level at $17.11, it is likely to go to the next support level at $16.96. Now, if the price goes above the second support level, the third support stands at $16.86.
Old National Bancorp (NASDAQ: ONB) Key Stats
Market capitalization of the company is 5.51 billion based on 318,971K outstanding shares. Right now, sales total 2,540 M and income totals 581,990 K. The company made 673,500 K in profit during its latest quarter, and 120,280 K in sales during its previous quarter.
