For its third fiscal quarter (ending September 30), Old National Bancorp (NASDAQ: ONB) has reported E.P.S. of $0.44 compared to $0.49 a year ago. For the latest four quarters through September 30, E.P.S. were $1.65 versus $2.18 for the same period a year ago.
Recent Price Action
Old National Bancorp (NASDAQ: ONB) stock was unchanged 0.0% on 10/22/24. The shares closed at $18.87. Moreover, trading volume in this flat performance was above average at 134% of normal. The stock has been strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
ONB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
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 consistent signals. Old National Bancorp has a good Power Rating of 79 and a very high Appreciation Score of 89, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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