A new trading day began on Thursday, with Old National Bancorp (NASDAQ: ONB) stock price up 0.67% from the previous day of trading, before settling in for the closing price of $19.46. ONB’s price has ranged from $15.52 to $24.49 over the past 52 weeks.
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Annual sales at Financial sector company grew by 31.73% over the past five years. Meanwhile, its annual earnings per share averaged 12.94%. With a float of $316.20 million, this company’s outstanding shares have now reached $318.98 million.
Let’s look at the performance matrix of the company that is accounted for 4066 employees. In terms of profitability, gross margin is 117.72%, operating margin of 28.98%, and the pretax margin is 36.85%.
Old National Bancorp (ONB) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Old National Bancorp is 0.98%, while institutional ownership is 95.80%. The most recent insider transaction that took place on Feb 11 ’25, was worth 300,000. Before that another transaction happened on Oct 15 ’24, when Company’s Former SEVP, Chief Financial O proposed sale 9,599 for $19.13, making the entire transaction worth $183,628.
Old National Bancorp (ONB) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.34% during the next five years compared to 4.04% growth over the previous five years of trading.
Old National Bancorp (NASDAQ: ONB) Trading Performance Indicators
Here are Old National Bancorp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.12. Likewise, its price to free cash flow for the trailing twelve months is 10.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.68, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 2.62 in one year’s time.
Technical Analysis of Old National Bancorp (ONB)
Old National Bancorp (NASDAQ: ONB) saw its 5-day average volume 3.28 million, a positive change from its year-to-date volume of 3.12 million. As of the previous 9 days, the stock’s Stochastic %D was 81.71%. Additionally, its Average True Range was 1.00.
During the past 100 days, Old National Bancorp’s (ONB) raw stochastic average was set at 36.07%, which indicates a significant decrease from 60.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.11% in the past 14 days, which was higher than the 40.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.58, while its 200-day Moving Average is $20.57. Nevertheless, the first resistance level for the watch stands at $19.80 in the near term. At $20.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.19. If the price goes on to break the first support level at $19.42, it is likely to go to the next support level at $19.24. Assuming the price breaks the second support level, the third support level stands at $19.03.
Old National Bancorp (NASDAQ: ONB) Key Stats
With a market capitalization of 6.26 billion, the company has a total of 318,975K Shares Outstanding. Currently, annual sales are 2,956 M while annual income is 539,190 K. The company’s previous quarter sales were 757,850 K while its latest quarter income was 153,870 K.
