Old National Bancorp (NASDAQ: ONB) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.47 versus $0.44 for the same period a year ago — an increase of 7%. For the latest four quarters through December 31, E.P.S. were $1.68 versus $1.94 for the same period a year ago — a decline of -13%.
Recent Price Action
Old National Bancorp (NASDAQ: ONB) stock enjoyed a large increase of 3.2% on 1/21/25. The stock closed at $23.66. Moreover, trading volume in this advance was unusually high at 156% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 14.7% during the last week.
Current PriceTarget Research Rating
Old National Bancorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Old National Bancorp has a very high Appreciation Score of 86 and a very high Power Rating of 90, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment