The price of Old National Bancorp (NASDAQ:ONB) shares last traded on Wall Street fell -2.89% to $21.51.
ONB stock price is now 13.45% away from the 50-day moving average and 22.18% away from the 200-day moving average. The market capitalization of the company currently stands at $6.86B.
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On March 08, 2024, Barclays recently initiated its ‘Overweight’ rating on the stock quoting a target price of $20, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Brendon B. Falconer, Former SEVP, Chief Financial O bought 9,599 shares of the company’s stock on Oct 15 ’24. The stock was bought for $183,628 at an average price of $19.13. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 02 ’24, Former SEVP, Chief Financial O Brendon B. Falconer bought 32,452 shares of the business’s stock. A total of $583,162 was incurred on buying the stock at an average price of $17.97. A total of 0.90% of the company’s stock is owned by insiders.
During the past 12 months, Old National Bancorp has had a low of $13.67 and a high of $22.19. According to the stock market information, the enterprise value for the company is $11604432896, which is based on a 13.05 price-to-earnings ratio, a 1.63 price-to-earnings-growth ratio, and a beta of 0.83. The fifty day moving average price for ONB is $18.9208 and a two-hundred day moving average price translates $17.58235 for the stock.
The latest earnings results from Old National Bancorp (NASDAQ: ONB) was released for 2024-09-30. The net profit margin was 17.37% and return on equity was 8.92% for ONB. The company reported revenue of $679.92 million for the quarter, compared to $576.52 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.94 percent.
