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In the latest session, Old National Bancorp (NASDAQ: ONB) closed at $18.96 up 0.26% from its previous closing price of $18.91. In other words, the price has increased by $0.26 from its previous closing price. On the day, 1.72 million shares were traded. ONB stock price reached its highest trading level at $19.01 during the session, while it also had its lowest trading level at $18.67.
Ratios:
For a deeper understanding of Old National Bancorp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.86 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 6047386624 and an Enterprise Value of 11242082304. As of this moment, Old’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.50, and their Forward P/E ratio for the next fiscal year is 9.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 6.428.
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 0.72%, while the 200-Day Moving Average is calculated to be 8.65%.
Shares Statistics:
For the past three months, ONB has traded an average of 1.88M shares per day and 2228260 over the past ten days. 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 81.84% stake in the company. Shares short for ONB as of 1727654400 were 8378717 with a Short Ratio of 4.45, compared to 1724976000 on 10014814. Therefore, it implies a Short% of Shares Outstanding of 8378717 and a Short% of Float of 3.37.
Dividends & Splits
According to the company, the forward annual dividend rate for ONB is 0.56, from 0.56 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02961396The stock’s 5-year Average Dividend Yield is 3.41.
