Old National Bancorp (NASDAQ: ONB) has a higher price-to-earnings ratio of 11.60x compared to its average ratio, The 36-month beta value for ONB is at 0.87. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ONB is 316.20M, and currently, shorts hold a 13.04% of that float. The average trading volume for ONB on April 16, 2025 was 3.07M shares.
ONB) stock’s latest price update
Old National Bancorp (NASDAQ: ONB)’s stock price has increased by 2.42 compared to its previous closing price of 19.02. However, the company has seen a 8.52% increase in its stock price over the last five trading sessions. zacks.com reported 2025-04-10 that Old National Bancorp (ONB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
ONB’s Market Performance
Old National Bancorp (ONB) has seen a 8.52% rise in stock performance for the week, with a -7.77% decline in the past month and a -10.77% plunge in the past quarter. The volatility ratio for the week is 7.47%, and the volatility levels for the past 30 days are at 4.94% for ONB. The simple moving average for the past 20 days is -3.28% for ONB’s stock, with a -5.17% simple moving average for the past 200 days.
Analysts’ Opinion of ONB
Many brokerage firms have already submitted their reports for ONB stocks, with Raymond James repeating the rating for ONB by listing it as a “Strong Buy.” The predicted price for ONB in the upcoming period, according to Raymond James is $28 based on the research report published on November 26, 2024 of the previous year 2024.
Hovde Group, on the other hand, stated in their research note that they expect to see ONB reach a price target of $20. The rating they have provided for ONB stocks is “Outperform” according to the report published on June 03rd, 2024.
Barclays gave a rating of “Overweight” to ONB, setting the target price at $20 in the report published on March 08th of the previous year.
ONB Trading at -10.46% from the 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, the company was unable to rebound, for now settling with -20.46% of loss for the given period.
Volatility was left at 4.94%, however, over the last 30 days, the volatility rate increased by 7.47%, as shares sank -8.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.25% lower at present.
During the last 5 trading sessions, ONB rose by +8.52%, which changed the moving average for the period of 200-days by +16.44% in comparison to the 20-day moving average, which settled at $20.14. In addition, Old National Bancorp saw -10.25% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ONB starting from RYAN C KITCHELL, who proposed sale 12,500 shares at the price of $24.00 back on Feb 11 ’25. After this action, RYAN C KITCHELL now owns shares of Old National Bancorp, valued at $300,000 using the latest closing price.
Brendon B. Falconer, the Former SEVP, Chief Financial O of Old National Bancorp, proposed sale 9,599 shares at $19.13 during a trade that took place back on Oct 15 ’24, which means that Brendon B. Falconer is holding shares at $183,628 based on the most recent closing price.
Stock Fundamentals for ONB
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 1.18 for the gross margin
The net margin for Old National Bancorp stands at 0.29. The total capital return value is set at 0.01. Equity return is now at value 9.06, with 1.05 for asset returns.
Based on Old National Bancorp (ONB), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 0.81. The interest coverage ratio of the stock is 0.5.
When we switch over and look at the enterprise to sales, we see a ratio of 5.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.
Conclusion
In conclusion, Old National Bancorp (ONB) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
