Old National Bancorp (NASDAQ: ONB) kicked off on Friday, up 2.32% from the previous trading day, before settling in for the closing price of $21.16. Over the past 52 weeks, ONB has traded in a range of $14.32-$22.75.
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During the last 5-year period, the sales growth of Financial Sector giant 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.
Let’s determine the extent of company efficiency that accounts for 3940 employees. In terms of profitability, gross margin is 112.25%, operating margin of 31.3%, and the pretax margin is 28.15%.
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 83.27%. 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 2.45. Likewise, its price to free cash flow for the trailing twelve months is 15.92.
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)
Looking closely at Old National Bancorp (NASDAQ: ONB), its last 5-days average volume was 2.01 million, which is a drop from its year-to-date volume of 2.07 million. As of the previous 9 days, the stock’s Stochastic %D was 27.90%. Additionally, its Average True Range was 0.59.
During the past 100 days, Old National Bancorp’s (ONB) raw stochastic average was set at 82.40%, which indicates a significant increase from 71.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.78% in the past 14 days, which was higher than the 35.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.55, while its 200-day Moving Average is $17.89. However, in the short run, Old National Bancorp’s stock first resistance to watch stands at $21.85. Second resistance stands at $22.05. The third major resistance level sits at $22.40. If the price goes on to break the first support level at $21.30, it is likely to go to the next support level at $20.95. Should the price break the second support level, the third support level stands at $20.75.
Old National Bancorp (NASDAQ: ONB) Key Stats
The company with the Market Capitalisation of 7.07 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.
