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.

Investment analysts gave a few price targets for ONB. The highest price target was 19, implying potential capital gains of 16.39 percent. The most pessimistic price target was 17, implying a possible loss of 4.13 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.48 percent, compared to last month. 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, while 2 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of ONB to grow at a rate of 0.19 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. ONB has a PEG ratio of 81.42.

In the trailing 52-weeks, ONB hit 18.95 at the highest peak, while it's lowest trading point was 12.93. The current market price is above the trailing year's low by 26.26 percent, and 13.85 percent lower than its 52-week 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.