Old National Bancorp Stock Fundamentals
ONB Stock | USD 15.48 0.21 1.34% |
Old National Bancorp fundamentals help investors to digest information that contributes to Old National's financial success or failures. It also enables traders to predict the movement of Old Stock. The fundamental analysis module provides a way to measure Old National's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Old National stock.
At present, Old National's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 1.1 B, whereas Depreciation And Amortization is forecasted to decline to about 15.9 M. Old | Select Account or Indicator |
Old National Bancorp Company Return On Equity Analysis
Old National's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Old National Return On Equity | 0.11 |
Most of Old National's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Old National Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Old Return On Equity Historical Pattern
Today, most investors in Old National Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Old National's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Old National return on equity as a starting point in their analysis.
Old National Return On Equity |
Timeline |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition |
Old Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Old National Bancorp has a Return On Equity of 0.1089. This is 92.49% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 135.13% lower than that of the firm.
Old National Bancorp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Old National's current stock value. Our valuation model uses many indicators to compare Old National value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Old National competition to find correlations between indicators driving Old National's intrinsic value. More Info.Old National Bancorp is regarded second in return on equity category among related companies. It is regarded second in return on asset category among related companies reporting about 0.11 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Old National Bancorp is roughly 9.00 . At present, Old National's Return On Equity is projected to increase slightly based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value Old National by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Old National's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Old National's earnings, one of the primary drivers of an investment's value.Old Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Old National's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Old National could also be used in its relative valuation, which is a method of valuing Old National by comparing valuation metrics of similar companies.Old National is currently under evaluation in return on equity category among related companies.
Old Fundamentals
Return On Equity | 0.11 | ||||
Return On Asset | 0.0121 | ||||
Profit Margin | 0.33 % | ||||
Operating Margin | 0.45 % | ||||
Current Valuation | 9.29 B | ||||
Shares Outstanding | 316.74 M | ||||
Shares Owned By Insiders | 0.92 % | ||||
Shares Owned By Institutions | 78.10 % | ||||
Number Of Shares Shorted | 11.73 M | ||||
Price To Earning | 10.82 X | ||||
Price To Book | 0.94 X | ||||
Price To Sales | 2.84 X | ||||
Revenue | 1.76 B | ||||
Gross Profit | 1.57 B | ||||
EBITDA | 775.46 M | ||||
Net Income | 581.99 M | ||||
Cash And Equivalents | 466.85 M | ||||
Cash Per Share | 1.59 X | ||||
Total Debt | 5.33 B | ||||
Debt To Equity | 7.04 % | ||||
Book Value Per Share | 18.22 X | ||||
Cash Flow From Operations | 516.34 M | ||||
Short Ratio | 6.33 X | ||||
Earnings Per Share | 1.94 X | ||||
Price To Earnings To Growth | 2.45 X | ||||
Target Price | 19.79 | ||||
Number Of Employees | 3.94 K | ||||
Beta | 0.83 | ||||
Market Capitalization | 4.9 B | ||||
Total Asset | 49.09 B | ||||
Retained Earnings | 1.62 B | ||||
Annual Yield | 0.04 % | ||||
Five Year Return | 3.23 % | ||||
Net Asset | 49.09 B | ||||
Last Dividend Paid | 0.56 |
About Old National Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Old National Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Old National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Old National Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for Next Year | ||
Total Revenue | 1.8 B | 1.9 B | |
Cost Of Revenue | 91.3 M | 105.3 M | |
Stock Based Compensation To Revenue | 0.02 | 0.02 | |
Sales General And Administrative To Revenue | 0.07 | 0.07 | |
Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
Capex To Revenue | (0.02) | (0.02) | |
Revenue Per Share | 6.06 | 3.87 | |
Ebit Per Revenue | 0.43 | 0.77 |
Old National Investors Sentiment
The influence of Old National's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Old. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Old National's public news can be used to forecast risks associated with an investment in Old. The trend in average sentiment can be used to explain how an investor holding Old can time the market purely based on public headlines and social activities around Old National Bancorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Old National's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Old National's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Old National's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Old National.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Old National in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Old National's short interest history, or implied volatility extrapolated from Old National options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Old National Piotroski F Score and Old National Altman Z Score analysis. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Old Stock analysis
When running Old National's price analysis, check to measure Old National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old National is operating at the current time. Most of Old National's value examination focuses on studying past and present price action to predict the probability of Old National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old National's price. Additionally, you may evaluate how the addition of Old National to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |
Is Old National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old National. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Dividend Share 0.56 | Earnings Share 1.94 | Revenue Per Share 6.061 | Quarterly Revenue Growth (0.17) |
The market value of Old National Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old National's value that differs from its market value or its book value, called intrinsic value, which is Old National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old National's market value can be influenced by many factors that don't directly affect Old National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.