Old National Bancorp (NASDAQ: ONB) has a price-to-earnings ratio of 12.88x that is above its average ratio. Additionally, the 36-month beta value for ONB is 0.86. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for ONB is 316.29M and currently, short sellers hold a 12.80% ratio of that float. The average trading volume of ONB on May 13, 2025 was 2.96M shares.
ONB) stock’s latest price update
Old National Bancorp (NASDAQ: ONB)’s stock price has increased by 3.41 compared to its previous closing price of 21.40. However, the company has seen a 4.44% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2025-04-28 that The weight of the AOCI is still quite significant on equity. Higher-than-expected inflation due to tariffs could negatively impact ONB’s TBV per share. Currently, TBV is priced almost in line with its 5Y average. Given the uncertainty of the macroeconomic environment, I need a greater margin of safety to consider it a buy.
ONB’s Market Performance
Old National Bancorp (ONB) has experienced a 4.44% rise in stock performance for the past week, with a 20.86% rise in the past month, and a -7.25% drop in the past quarter. The volatility ratio for the week is 2.15%, and the volatility levels for the past 30 days are at 3.09% for ONB. The simple moving average for the past 20 days is 7.46% for ONB’s stock, with a 6.59% 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 7.24% 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 -9.64% of loss for the given period.
Volatility was left at 3.09%, however, over the last 30 days, the volatility rate increased by 2.15%, as shares surge +18.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.82% lower at present.
During the last 5 trading sessions, ONB rose by +4.44%, which changed the moving average for the period of 200-days by +11.43% in comparison to the 20-day moving average, which settled at $20.59. In addition, Old National Bancorp saw 1.96% in overturn over a single year, with a tendency to cut further gains.
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:
- 0.39 for the present operating margin
- 1.23 for the gross margin
The net margin for Old National Bancorp stands at 0.3. The total capital return value is set at 0.01. Equity return is now at value 9.29, with 1.09 for asset returns.
Currently, EBITDA for the company is 754.57 million with net debt to EBITDA at -2.22. When we switch over and look at the enterprise to sales, we see a ratio of 4.92. 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 seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
