Old National Bancorp (ONB) concluded trading on Wednesday at a closing price of $23.81, with 5.63 million shares of worth about $134.02 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 33.76% during that period and on February 12, 2025 the price saw a loss of about -1.37%. Currently the company’s common shares owned by public are about 318.98M shares, out of which, 315.21M shares are available for trading.
Stock saw a price change of -1.41% in past 5 days and over the past one month there was a price change of 13.00%. Year-to-date (YTD), ONB shares are showing a performance of 9.70% which increased to 47.43% 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 $24.49 during that period. The average intraday trading volume for Old National Bancorp shares is 3.06 million. The stock is currently trading 0.95% above its 20-day simple moving average (SMA20), while that difference is up 5.01% for SMA50 and it goes to 21.78% higher than SMA200.
Old National Bancorp (NASDAQ: ONB) currently have 318.98M outstanding shares and institutions hold larger chunk of about 84.97% of that.
The stock has a current market capitalization of $7.60B and its 3Y-monthly beta is at 0.84. PE ratio of stock for trailing 12 months is 14.18, while it has posted earnings per share of $1.68 in the same period. Its PEG reads 0.86 while making debt-to-equity ratio of 0.85. 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 2.12% while standing at 2.35% over the month.
Stock’s fiscal year EPS is expected to rise by 11.45% while it is estimated to increase by 27.39% in next year. EPS is likely to grow at an annualized rate of 16.46% for next 5-years, compared to annual growth of 4.02% made by the stock over the past 5-years.
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.
