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After finishing at $20.97 in the prior trading day, Old National Bancorp (NASDAQ: ONB) closed at $20.93, down -0.19%. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 1.6 million shares were traded. ONB stock price reached its highest trading level at $20.985 during the session, while it also had its lowest trading level at $20.665.
Ratios:
Our goal is to gain a better understanding of ONB by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.80.
On March 08, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $20.
On December 01, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $17.Citigroup initiated its Buy rating on December 01, 2023, with a $17 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 15 ’24 when Brendon B. Falconer bought 9,599 shares for $19.13 per share.
Brendon B. Falconer bought 32,452 shares of ONB for $583,162 on Oct 02 ’24. On Sep 13 ’24, another insider, RYAN C KITCHELL, who serves as the DIRECTOR of the company, bought 20,000 shares for $18.75 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONB now has a Market Capitalization of 6688851456 and an Enterprise Value of 11419428864. As of this moment, Old’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.70, and their Forward P/E ratio for the next fiscal year is 10.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 6.53.
Stock Price History:
Over the past 52 weeks, ONB has reached a high of $22.75, while it has fallen to a 52-week low of $14.32. The 50-Day Moving Average of the stock is 7.70%, while the 200-Day Moving Average is calculated to be 17.36%.
Shares Statistics:
The stock has traded on average 1.96M shares per day over the past 3-months and 2525620 shares per day over the last 10 days, according to various share statistics. A total of 318.97M shares are outstanding, with a floating share count of 316.07M. Insiders hold about 0.91% of the company’s shares, while institutions hold 83.27% stake in the company. Shares short for ONB as of 1730332800 were 9458136 with a Short Ratio of 4.81, compared to 1727654400 on 8378717. Therefore, it implies a Short% of Shares Outstanding of 9458136 and a Short% of Float of 3.81.
Dividends & Splits
In the trailing 12 months, ONB’s forward annual dividend rate was 0.56, compared to 0.56 this year. Against a Trailing Annual Dividend Yield of 0.026704818The stock’s 5-year Average Dividend Yield is 3.41.
