Can Old Second Bancorporation Inc.’s (OSBC) hike of 3.51% in a week be considered a lucky break?

On Friday, Old Second Bancorporation Inc. (NASDAQ: OSBC) was 3.51% up from the session before settling in for the closing price of $15.96. A 52-week range for OSBC has been $13.00 – $17.46.

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A company in the Financial sector has jumped its sales by 21.87% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -5.69%. With a float of $40.82 million, this company’s outstanding shares have now reached $44.70 million.

In an organization with 834 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 92.33%, operating margin of 36.15%, and the pretax margin is 35.74%.

Old Second Bancorporation Inc. (OSBC) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Old Second Bancorporation Inc. stocks. The insider ownership of Old Second Bancorporation Inc. is 8.99%, while institutional ownership is 64.31%. The most recent insider transaction that took place on Aug 05 ’24, was worth 342. In this transaction Director of this company bought 23 shares at a rate of $14.86, taking the stock ownership to the 13,767 shares. Before that another transaction happened on Jul 22 ’24, when Company’s Director sold 30,585 for $16.22, making the entire transaction worth $496,018. This insider now owns 189,192 shares in total.

Old Second Bancorporation Inc. (OSBC) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.54 earnings per share (EPS) during the time that was better than consensus figure (set at 0.53) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -5.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% during the next five years compared to 12.48% growth over the previous five years of trading.

Old Second Bancorporation Inc. (NASDAQ: OSBC) Trading Performance Indicators

You can see what Old Second Bancorporation Inc. (OSBC) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.21. Likewise, its price to free cash flow for the trailing twelve months is 4.80.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.88, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 1.84 in one year’s time.

Technical Analysis of Old Second Bancorporation Inc. (OSBC)

Let’s dig in a bit further. During the last 5-days, its volume was 0.23 million. That was better than the volume of 0.21 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.23%. Additionally, its Average True Range was 0.51.

During the past 100 days, Old Second Bancorporation Inc.’s (OSBC) raw stochastic average was set at 77.93%, which indicates a significant decrease from 80.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.94% in the past 14 days, which was lower than the 26.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.47, while its 200-day Moving Average is $14.56. However, in the short run, Old Second Bancorporation Inc.’s stock first resistance to watch stands at $16.96. Second resistance stands at $17.39. The third major resistance level sits at $17.85. If the price goes on to break the first support level at $16.07, it is likely to go to the next support level at $15.61. The third support level lies at $15.18 if the price breaches the second support level.

Old Second Bancorporation Inc. (NASDAQ: OSBC) Key Stats

There are 44,846K outstanding shares of the company, which has a market capitalization of 740.92 million. As of now, sales total 326,150 K while income totals 91,730 K. Its latest quarter income was 84,350 K while its last quarter net income were 21,890 K.