Old Second Bancorporation Inc (NASDAQ: OSBC) is -6.13% lower on its value in year-to-date trading and has touched a low of $13.38 and a high of $19.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OSBC stock was last observed hovering at around $16.70 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $16.69, the stock is -0.06% and 2.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing -0.06% at the moment leaves the stock -2.40% off its SMA200. OSBC registered 22.27% gain for a year compared to 6-month loss of -9.24%.
The stock witnessed a -2.28% gain in the last 1 month and extending the period to 3 months gives it a -1.24%, and is -2.17% 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 1.31% over the week and 1.41% over the month.
Old Second Bancorporation Inc (OSBC) has around 877 employees, a market worth around $751.99M and $339.89M in sales. Current P/E ratio is 9.10 and Fwd P/E is 8.13. Profit margin for the company is 24.65%. Distance from 52-week low is 24.74% and -14.23% from its 52-week high. The company has generated returns on investments over the last 12 months (10.74%).
with sales reaching $63.58M over the same period.The EPS is expected to shrink by -13.19% this year, but quarterly earnings will post 14.43% year-over-year. Quarterly sales are estimated to grow 6.52% in year-over-year returns.
The shares outstanding are 45.05M, and float is at 42.06M with Short Float at 1.10%.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.44 million shares valued at $50.9 million. The investor’s holdings represent 7.6634 of the OSBC Shares outstanding. As of 2024-06-30, the second largest holder is FORUM FINANCIAL MANAGEMENT, LP with 2.7 million shares valued at $39.97 million to account for 6.0182 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.34 million shares representing 5.222 and valued at over $34.68 million, while BANC FUNDS CO LLC holds 4.4054 of the shares totaling 1.98 million with a market value of $29.26 million.
Old Second Bancorporation Inc (OSBC) Insider Activity
The most recent transaction is an insider purchase by Lyons Billy J Jr., the company’s Director. SEC filings show that Lyons Billy J Jr. bought 22 shares of the company’s common stock on Feb 10 ’25 at a price of $19.02 per share for a total of $418.0. Following the purchase, the insider now owns 13815.0 shares.
Old Second Bancorporation Inc disclosed in a document filed with the SEC on Dec 23 ’24 that Temple Rocks Patti (Director) bought a total of 5,625 shares of the company’s common stock. The trade occurred on Dec 23 ’24 and was made at $17.79 per share for $0.1 million. Following the transaction, the insider now directly holds 18679.0 shares of the OSBC stock.
Still, SEC filings show that on Nov 06 ’24, Ladowicz John (Director) disposed off 13,888 shares at an average price of $18.27 for $0.25 million. The insider now directly holds 175,304 shares of Old Second Bancorporation Inc (OSBC).
