Old National Bancorp (NASDAQ: ONB) kicked off on Monday, up 3.21% from the previous trading day, before settling in for the closing price of $18.71. Over the past 52 weeks, ONB has traded in a range of $13.33-$20.43.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 31.37%. While this was happening, its average annual earnings per share was recorded -12.46%. With a float of $316.10 million, this company’s outstanding shares have now reached $318.97 million.
Considering the fact that the conglomerate employs 3940 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 100.01%, operating margin of 27.63%, and the pretax margin is 25.08%.
Old National Bancorp (ONB) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Old National Bancorp is 0.90%, while institutional ownership is 81.78%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -12.46% 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
Take a look at Old National Bancorp’s (ONB) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13. Likewise, its price to free cash flow for the trailing twelve months is 11.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.65, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 1.97 in one year’s time.
Technical Analysis of Old National Bancorp (ONB)
Compared to the last year’s volume of 2.02 million, its volume of 2.06 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.47%. Additionally, its Average True Range was 0.48.
During the past 100 days, Old National Bancorp’s (ONB) raw stochastic average was set at 76.84%, which indicates a significant increase from 75.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.09% in the past 14 days, which was lower than the 26.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.84, while its 200-day Moving Average is $17.47. Nevertheless, the first resistance level for the watch stands at $19.51 in the near term. At $19.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.05. If the price goes on to break the first support level at $18.97, it is likely to go to the next support level at $18.64. Should the price break the second support level, the third support level stands at $18.43.
Old National Bancorp (NASDAQ: ONB) Key Stats
The company with the Market Capitalisation of 6.16 billion has total of 318,971K Shares Outstanding. Its annual sales at the moment are 2,540 M in contrast with the sum of 581,990 K annual income. Company’s last quarter sales were recorded 774,060 K and last quarter income was 143,800 K.
