On Friday, Old National Bancorp (NASDAQ: ONB) was -0.81% drop from the session before settling in for the closing price of $19.68. A 52-week range for ONB has been $12.36 – $20.43.
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A company in the Financial sector has jumped its sales by 31.37% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -11.44%. With a float of $316.10 million, this company’s outstanding shares have now reached $318.97 million.
In an organization with 3940 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 100.02%, operating margin of 32.01%, and the pretax margin is 29.08%.
Old National Bancorp (ONB) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Old National Bancorp stocks. The insider ownership of Old National Bancorp is 0.90%, while institutional ownership is 81.83%. The most recent insider transaction that took place on Oct 15 ’24, was worth 183,628. Before that another transaction happened on Oct 02 ’24, when Company’s Former SEVP, Chief Financial O proposed sale 32,452 for $17.97, making the entire transaction worth $583,162.
Old National Bancorp (ONB) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -11.44% 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
You can see what Old National Bancorp (ONB) 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 2.25. Likewise, its price to free cash flow for the trailing twelve months is 11.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.70, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 1.99 in one year’s time.
Technical Analysis of Old National Bancorp (ONB)
Let’s dig in a bit further. During the last 5-days, its volume was 2.02 million. That was better than the volume of 2.01 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 93.32%. Additionally, its Average True Range was 0.44.
During the past 100 days, Old National Bancorp’s (ONB) raw stochastic average was set at 81.18%, which indicates a significant decrease from 88.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.69% in the past 14 days, which was lower than the 26.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.74, while its 200-day Moving Average is $17.41. However, in the short run, Old National Bancorp’s stock first resistance to watch stands at $19.71. Second resistance stands at $19.91. The third major resistance level sits at $20.13. If the price goes on to break the first support level at $19.30, it is likely to go to the next support level at $19.08. The third support level lies at $18.89 if the price breaches the second support level.
Old National Bancorp (NASDAQ: ONB) Key Stats
There are 318,971K outstanding shares of the company, which has a market capitalization of 6.23 billion. As of now, sales total 2,540 M while income totals 581,990 K. Its latest quarter income was 750,930 K while its last quarter net income were 121,230 K.
