Old National Bancorp (ONB)
(Delayed Data from NSDQ)
$16.38 USD
+0.19 (1.14%)
Updated Apr 22, 2024 11:56 AM ET
After-Market: $16.46 +0.09 (0.52%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth C Momentum D 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 16.38 +0.19(1.14%)
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
Heartland BancCorp. (HLAN) Q1 Earnings Top Estimates
Deutsche Bank (DB) to Reward Investors With Share Buyback Plan
ONB: What are Zacks experts saying now?
Zacks Private Portfolio Services
South Plains (SPFI) Announces New $10M Share Repurchase Plan
Old National Bancorp (ONB) Announces New Share Repurchase Plan
Blackstone (BX) Enters Partnership With BNP Paribas (BNPQY)
Other News for ONB
Old National Bancorp Q1 2024 Earnings Preview
Cadence Bank: Assessing Recent Pain
Old National Releases 2023 ESG Report
Old National Bancorp Capital (ONB) Receives a Hold from RBC Capital
Old National Bancorp's Preferred Stock Cross 7% Yield Mark