Old National Bancorp (NASDAQ: ONB) kicked off on Monday, down -1.15% from the previous trading day, before settling in for the closing price of $19.12. Over the past 52 weeks, ONB has traded in a range of $13.66-$20.43.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 31.37%. While this was happening, its average annual earnings per share was recorded -12.46%. With a float of $316.11 million, this company’s outstanding shares have now reached $318.97 million.
The extent of productivity of a business whose workforce counts for 3940 workers is very important to gauge. 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 and Institutional Ownership
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 82.17%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.46 earnings per share (EPS), lower than consensus estimate (set at 0.48) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
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 2.07. Likewise, its price to free cash flow for the trailing twelve months is 13.49.
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)
The latest stats from [Old National Bancorp, ONB] show that its last 5-days average volume of 1.92 million was inferior to 2.02 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 50.61%. Additionally, its Average True Range was 0.46.
During the past 100 days, Old National Bancorp’s (ONB) raw stochastic average was set at 68.36%, which indicates a significant increase from 32.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.52% in the past 14 days, which was lower than the 26.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.87, while its 200-day Moving Average is $17.54. Now, the first resistance to watch is $19.13. This is followed by the second major resistance level at $19.36. The third major resistance level sits at $19.56. If the price goes on to break the first support level at $18.70, it is likely to go to the next support level at $18.50. The third support level lies at $18.27 if the price breaches the second support level.
Old National Bancorp (NASDAQ: ONB) Key Stats
The company with the Market Capitalisation of 5.98 billion has total of 318,972K 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.
