Old National Bancorp (NASDAQ: ONB) is 19.36% higher on its value in year-to-date trading and has touched a low of $12.36 and a high of $20.38 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ONB stock was last observed hovering at around $19.96 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $20.16, the stock is 8.26% and 15.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.15 million and changing 1.00% at the moment leaves the stock 23.14% off its SMA200. ONB registered 18.52% gain for a year compared to 6-month loss of 15.86%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 17.28% gain in the last 1 month and extending the period to 3 months gives it a 20.72%, and is -0.15% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.16% over the week and 2.64% over the month.
Old National Bancorp (ONB) has around 3940 employees, a market worth around $6.43B and $2.77B in sales. Current P/E ratio is 11.85 and Fwd P/E is 9.97. Profit margin for the company is 18.25%. Distance from 52-week low is 63.11% and -1.08% from its 52-week high. The company has generated returns on investments over the last 12 months (4.33%).
with sales reaching $482.59M over the same period.The EPS is expected to shrink by -11.11% this year, but quarterly earnings will post 3.00% year-over-year.
Old National Bancorp (ONB) Top Institutional Holders
The shares outstanding are 318.97M, and float is at 315.88M with Short Float at 3.16%.
Old National Bancorp (ONB) Insider Activity
Still, SEC filings show that on Jul 25 ’24, Sandgren James A (CEO, COMMERCIAL BANKING) disposed off 25,000 shares at an average price of $19.94 for $0.5 million. The insider now directly holds 287,409 shares of Old National Bancorp (ONB).
