The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 9.07, which is higher than the Banking Services industry's average of 7.05. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 637.24M, representing a year-over-year increase of 44.13%, while its net profit experienced a year-over-year increase of 27.74%.
Key Metrics
The company’s current valuation score is 6.24, which is lower than the Banking Services industry's average of 7.67. Its current P/E ratio is 11.92, which is 21.39% below the recent high of 14.47 and 52.23% above the recent low of 5.69.
The company’s current earnings forecast score is 7.64, which is higher than the Banking Services industry's average of 7.41. The average price target for Old National Bancorp is 26.00, with a high of 29.00 and a low of 22.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.85, which is lower than the Banking Services industry's average of 7.26. Sideways: Currently, the stock price is trading between the resistance level at 22.04 and the support level at 19.13, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 10.00, which is higher than the Banking Services industry's average of 5.28. The latest institutional shareholding proportion is 94.69%, representing a quarter-over-quarter decrease of 10.20%. The largest institutional shareholder is The Vanguard, holding a total of 33.33M shares, representing 8.53% of shares outstanding, with 19.56% decrease in holdings.
The company’s current risk assessment score is 8.11, which is higher than the Banking Services industry's average of 6.61. The company's beta value is 0.84. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
