On Tuesday, Old National Bancorp (NASDAQ: ONB) opened lower -0.13% from the last session, before settling in for the closing price of $22.41. Price fluctuations for ONB have ranged from $13.74 to $22.67 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted -12.46% at the time writing. With a float of $316.12 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 112.25%, operating margin of 31.01%, and the pretax margin is 28.15%.
Old National Bancorp (ONB) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Old National Bancorp is 0.89%, while institutional ownership is 83.43%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.46 earnings per share (EPS) for the quarter, coming under the agreed prediction (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
Check out the current performance indicators for Old National Bancorp (ONB). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.47. Likewise, its price to free cash flow for the trailing twelve months is 16.09.
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 3.9 million was superior to 2.06 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 92.03%. Additionally, its Average True Range was 0.64.
During the past 100 days, Old National Bancorp’s (ONB) raw stochastic average was set at 95.45%, which indicates a significant increase from 92.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.19% in the past 14 days, which was higher than the 35.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.11, while its 200-day Moving Average is $17.68. Now, the first resistance to watch is $22.62. This is followed by the second major resistance level at $22.86. The third major resistance level sits at $23.12. If the price goes on to break the first support level at $22.12, it is likely to go to the next support level at $21.86. The third support level lies at $21.62 if the price breaches the second support level.
Old National Bancorp (NASDAQ: ONB) Key Stats
There are currently 318,972K shares outstanding in the company with a market cap of 7.14 billion. Presently, the company’s annual sales total 2,540 M according to its annual income of 581,990 K. Last quarter, the company’s sales amounted to 774,060 K and its income totaled 143,800 K.
