Old National Bancorp (NASDAQ:ONB)went up by 1.45% from its latest closing price when compared to the 1-year high value of $20.90 and move down -19.09%, while ONB stocks collected +5.66% of gains with the last five trading sessions. Press Release reported on 08/19/19 that David Wilsdorf Joins Old National Bank as St. Louis Region Market President
Old National Bancorp (NASDAQ:ONB) Worth an Investment?
Old National Bancorp (NASDAQ: ONB) scored price to earnings ratio above its average ratio, recording 13.48 times of increase in earnings at the present.
ONB Market Performance
ONB stocks went up by 5.66% for the week, with the monthly jump of 5.47% and a quarterly performance of 6.49%, while its annual performance rate touched -15.22%. The simple moving average for the period of the last 20 days is 4.43% for ONB stocks with the simple moving average of 4.68% for the last 200 days.
Analysts’ Opinion on Old National Bancorp (NASDAQ:ONB)
Many brokerage firms have already submitted their reports for ONB stocks, with Raymond James repeating the rating for ONB shares by setting it to “Mkt Perform”. The predicted price for ONB socks in the upcoming period according to Raymond James is $94 based on the research report published on July 10, 2018.
DA Davidson, on the other hand, stated in their research note that they expect to see ONB stock at the price of $94. The rating they have provided for ONB stocks is “Neutral” according to the report published on June 8, 2018.
Hilliard Lyons gave “ Neutral” rating to ONB stocks, setting the target price at $94 in the report published on April 26, 2018.
ONB Stocks 3.79% Far from 50 Day Moving Average
After a stumble in the market that brought ONB to its low price for the period of the last 52 weeks, Old National Bancorp was unable to take a rebound, for now settling with -16.03% of loss for the given period.
The stock volatility was left at 2.06%, however, within the period of a single month, the volatility rate increased by 2.28%, while the shares surge at the distance of +3.72% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +4.53% upper at the present time.
In the course of the last 5 trading sessions, ONB went up by +5.66%, which changed the moving average for the period of 200 days to the total of -3.52% of losses for the stock in comparison to the 20-day moving average settled at $16.84. In addition, Old National Bancorp saw 13.96% in overturn over the period of a single year with a tendency to cut further gains.
ONB Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Old National Bancorp (ONB), starting from MOORE DARYL D, who sold 10,000 shares at the price of $17.15 back on Apr 30. After this action, Rushing now owns 0 shares of Old National Bancorp, valued at $171,500 with the latest closing price.
ONB Stock Fundamentals
The current profitability levels are settled at +23.93 for the present operating margin. The net margin for Old National Bancorp stands at +23.46. Total capital return value is set at 3.93, while invested capital returns managed to touch 5.26. Equity return holds the value 8.30%, with 1.10% for asset returns.
Based on Old National Bancorp (ONB), the company’s capital structure generated 92.72 points for debt to equity in total, while total debt to capital is set at the value of 48.11. Total debt to assets is settled at the value of 12.62 with long-term debt to equity ratio rests at 57.07 and long-term debt to capital is 29.61.
The value for Enterprise to Sales is 5.74 with debt to enterprise value settled at 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.03.