For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $22.15 in the prior trading day, Old National Bancorp (NASDAQ: ONB) closed at $21.64, down -2.30%. In other words, the price has decreased by -$2.30 from its previous closing price. On the day, 2.04 million shares were traded.
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 0.70.
On March 08, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $20.Barclays initiated its Overweight rating on March 08, 2024, with a $20 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 Feb 11 ’25 when RYAN C KITCHELL bought 12,500 shares for $24.00 per share.
Brendon B. Falconer bought 9,599 shares of ONB for $183,628 on Oct 15 ’24. On Oct 02 ’24, another insider, Brendon B. Falconer, who serves as the Former SEVP, Chief Financial O of the company, bought 32,452 shares for $17.97 each.
Valuation Measures:
As of this moment, Old’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.89, and their Forward P/E ratio for the next fiscal year is 8.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.33 while its Price-to-Book (P/B) ratio in mrq is 1.13.
Stock Price History:
Over the past 52 weeks, ONB has reached a high of $24.49, while it has fallen to a 52-week low of $15.38. The 50-Day Moving Average of the stock is -5.43%, while the 200-Day Moving Average is calculated to be 8.11%.
Shares Statistics:
A total of 318.98M shares are outstanding, with a floating share count of 316.11M. Insiders hold about 0.90% of the company’s shares, while institutions hold 95.86% stake in the company.
