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Old National Bancorp (NASDAQ: ONB) closed the day trading at $17.94 down -0.66% from the previous closing price of $18.06. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 1.7 million shares were traded. ONB stock price reached its highest trading level at $18.25 during the session, while it also had its lowest trading level at $17.905.
Ratios:
For a better understanding of ONB, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 0.88.
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 02 ’24 when Brendon B. Falconer bought 32,452 shares for $17.97 per share.
RYAN C KITCHELL bought 20,000 shares of ONB for $375,000 on Sep 13 ’24. On Jul 30 ’24, another insider, Stewart Derrick J, who serves as the Director of the company, sold 14,679 shares for $20.02 each. As a result, the insider received 293,828 and left with 0 shares of the company.
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 5722321920 and an Enterprise Value of 11144340480. As of this moment, Old’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.55, and their Forward P/E ratio for the next fiscal year is 9.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 6.445.
Stock Price History:
Over the past 52 weeks, ONB has reached a high of $20.43, while it has fallen to a 52-week low of $12.36. The 50-Day Moving Average of the stock is -5.01%, while the 200-Day Moving Average is calculated to be 3.70%.
Shares Statistics:
Over the past 3-months, ONB traded about 2.05M shares per day on average, while over the past 10 days, ONB traded about 2032460 shares per day. A total of 318.97M shares are outstanding, with a floating share count of 316.10M. Insiders hold about 0.90% of the company’s shares, while institutions hold 81.88% stake in the company. Shares short for ONB as of 1726185600 were 9337476 with a Short Ratio of 4.54, compared to 1723680000 on 8949896. Therefore, it implies a Short% of Shares Outstanding of 9337476 and a Short% of Float of 3.7600000000000002.
Dividends & Splits
ONB’s forward annual dividend rate is 0.56, up from 0.56 a year ago. Against a Trailing Annual Dividend Yield of 0.031007754The stock’s 5-year Average Dividend Yield is 3.41.
