Old National Stock Target Price and Analyst Consensus

ONB Stock  USD 21.65  0.49  2.32%   
The current analyst and expert consensus on Old National is Buy, with 3 strong buy opinions. The current projected Old National target price consensus is 18.21 with 9 analyst opinions. Check out Macroaxis Advice on Old National to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Old National Bancorp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Old National executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Old National. We strongly encourage you to use your own analysis of Old National Bancorp to validate this buy or sell advice. Old National buy-or-sell recommendation module provides average expert sentiment on the projected Old National Bancorp target price to derive its highest and lowest estimates based on projected price volatility of 2.4514.
Lowest Forecast
16.57
Highest Forecast
20.21
Target Price
18.21
At present, Old National's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Profit Margin is expected to grow to 0.77, whereas Pretax Profit Margin is forecasted to decline to 0.22. At present, Old National's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Assets is expected to grow to about 51.5 B, whereas Cash is forecasted to decline to about 308.8 M.
  
It's important to approach Old National's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Old National price targets

Old National's stock target price is an estimate of its future price, usually made by analysts. Using Old National's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Old National's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Old National's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Old National Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Old National is a key component of Old National valuation and have some predictive power on the future returns of a Old National.
Hype
Prediction
LowEstimatedHigh
19.3021.7324.16
Details
Intrinsic
Valuation
LowRealHigh
17.1419.5722.00
Details
Naive
Forecast
LowNextHigh
18.1420.5723.01
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.450.460.46
Details

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When determining whether Old National Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Old National Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old National Bancorp Stock:
Check out Macroaxis Advice on Old National to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Please note, the presentation of Old National's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Old National's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Old National's management manipulating its earnings.