Old National Bancorp (ONB)
(Real Time Quote from BATS)
$16.79 USD
+0.22 (1.33%)
Updated Apr 29, 2024 12:42 PM ET
3-Hold of 5 3
C Value F Growth F Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
ONB 16.79 +0.22(1.33%)
Will ONB be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for ONB based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ONB
Here's What Key Metrics Tell Us About Old National Bancorp (ONB) Q1 Earnings
Heartland BancCorp. (HLAN) Q1 Earnings Top Estimates
ONB: What are Zacks experts saying now?
Zacks Private Portfolio Services
Deutsche Bank (DB) to Reward Investors With Share Buyback Plan
South Plains (SPFI) Announces New $10M Share Repurchase Plan
Old National Bancorp (ONB) Announces New Share Repurchase Plan
Other News for ONB
Old National Bancorp: Net Interest Income May Have Bottomed Out
Analysts Offer Insights on Financial Companies: Atlantic Union Bankshares (AUB), Zurich Insurance Group (OtherZFSVF) and Old National Bancorp Capital (ONB)
Peeling Back The Layers: Exploring Old National Through Analyst Insights
Piper Sandler Keeps Their Buy Rating on Old National Bancorp Capital (ONB)
Old National Bancorp Capital (ONB) Receives a Hold from RBC Capital