Analyst Ratings for Old National Bancorp (ONB)

Updated: 2017-07-27

An average rating of Hold has been given to Old National Bancorp (NASDAQ:ONB) by analysts covering the stock. A consensus rating of Hold was previously issued for ONB last month.

A buy rating was issued by 1 analysts, 0 gave an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for ONB. The most optimistic price target was 19, implying a possible profit of 16.39 percent. The lowest price target was 17, implying potential capital losses of 4.13 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.48 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.48 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of ONB's earnings is estimated by analysts to be 0.19 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ONB is 81.42.

In the last 52-weeks, ONB has achieved a high of 18.95 and a low of 12.93. The current market price is above the trailing year's low by 26.26 percent, and 13.85 percent below the high. ONB has a P/E ratio of 15.47. Investors typically compare the P/E ratio to a company's peers in the industry. The ONB value stock report compares ONB to some of its peers using value stock charts. The stock has a market capitalization of $2.22 billion. ONB will post this quarters earnings in days, on 0000-00-00.