Price Target Analysis Old National Bancorp. (ONB)

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Old National Bancorp. (ONB) will report its next earnings on Apr 25 BMO. The company reported the earnings of $0.3/Share in the last quarter where the estimated EPS by analysts was $0.24/share. The difference between the expected and actual EPS was $0.06/share, which represents an Earnings surprise of 25%.

Many analysts are providing their Estimated Earnings analysis for Old National Bancorp. and for the current quarter 10 analysts have projected that the stock could give an Average Earnings estimate of $0.25/share. These analysts have also projected a Low Estimate of $0.23/share and a High Estimate of $0.27/share.

In case of Revenue Estimates, 156700 analysts have provided their consensus Average Revenue Estimates for Old National Bancorp. as 7000. According to these analysts, the Low Revenue Estimate for Old National Bancorp. is 153 Million and the High Revenue Estimate is 161.91 Million. The company had Year Ago Sales of 135.09 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for ONB to be 4.2%. They are projecting Next Quarter growth of -12.9%. For the next 5 years, Old National Bancorp. is expecting Growth of 8% per annum, whereas in the past 5 years the growth was 0.67% per annum.

Some buy side analysts are also providing their Analysis on Old National Bancorp., where 1 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 8 said it’s a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Old National Bancorp. might touch $19 high while the Average Price Target and Low price Target is $18.06 and $17 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Old National Bancorp. got Downgrade on 22-Nov-16 where investment firm Raymond James Downgrade the stock from Outperform to Mkt Perform.

Old National Bancorp. closed its last trading session at $16.3 with the gain of 0.92%. The Market Capitalization of the company stands at 2.23 Billion. The Company has 52-week high of $18.95 and 52-week low of $11.31. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -3.02% where SMA50 and SMA200 are -7.05% and 5.27% respectively. The Company Touched its 52-Week High on 03/01/17 and 52-Week Low on 06/27/16.

The Relative Volume of the company is 3.65 and Average Volume (3 months) is 750.7 million. Old National Bancorp. P/E (price to earnings) ratio is 15.74 and Forward P/E ratio of 14.47.

The company shows its Return on Assets (ROA) value of 1%. The Return on Equity (ROE) value stands at 7.7%. While it’s Return on Investment (ROI) value is 12.8%.

While looking at the Stock’s Performance, Old National Bancorp. currently shows a Weekly Performance of -2.37%, where Monthly Performance is -9.12%, Quarterly performance is -6.94%, 6 Months performance is 20.95% and yearly performance percentage is 35.6%. Year to Date performance value (YTD perf) value is -8.73%. The Stock currently has a Weekly Volatility of 2.72% and Monthly Volatility of 3.02%.