Old National Bancorp (ONB) concluded trading on Wednesday at a closing price of $22.76, with 4.35 million shares of worth about $99.07 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.48% during that period and on January 15, 2025 the price saw a gain of about 4.26%. Currently the company’s common shares owned by public are about 318.95M shares, out of which, 316.10M shares are available for trading.
Stock saw a price change of 8.17% in past 5 days and over the past one month there was a price change of 0.26%. Year-to-date (YTD), ONB shares are showing a performance of 4.86% which increased to 38.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.36 but also hit the highest price of $23.76 during that period. The average intraday trading volume for Old National Bancorp shares is 2.82 million. The stock is currently trading 5.37% above its 20-day simple moving average (SMA20), while that difference is up 4.16% for SMA50 and it goes to 20.75% higher than SMA200.
Old National Bancorp (NASDAQ: ONB) currently have 318.95M outstanding shares and institutions hold larger chunk of about 83.05% of that.
The stock has a current market capitalization of $7.26B and its 3Y-monthly beta is at 0.86. PE ratio of stock for trailing 12 months is 13.81, while it has posted earnings per share of $1.65 in the same period. It has a debt-to-equity ratio of 0.89. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ONB, volatility over the week remained 2.75% while standing at 3.13% over the month.
Analysts are in expectations that Old National Bancorp (ONB) stock would likely to be making an EPS of 0.46 in the current quarter, while forecast for next quarter EPS is 0.46 and it is 2.05 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.44 which is 0.48 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.46 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -12.64% while it is estimated to increase by 14.73% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on November 26, 2024 offering a Strong buy rating for the stock and assigned a target price of $28 to it. Coverage by Hovde Group stated Old National Bancorp (ONB) stock as an Outperform in their note to investors on June 03, 2024, suggesting a price target of $20 for the stock. On March 08, 2024, Barclays Initiated their recommendations, while on December 01, 2023, Citigroup Initiated their ratings for the stock with a price target of $17. Stock get a Buy rating from UBS on July 10, 2023.
