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.

ONB was given price targets by several analysts. The most optimistic price target was 19, implying potential capital gains of 16.39 percent. The minimum price target given was 17, implying a possible loss of 4.13 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of ONB to grow at a rate of 0.19 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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. Currently the stock is 26.26 percent higher than its low, and 13.85 percent below the high. ONB has a price/earnings 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.