$0.27 EPS Expected for Old National Bancorp (ONB), Columbus Mckinnon (CMCO) Has 1.8 Sentiment

July 17, 2017 - By marketbeat

Analysts expect Old National Bancorp (NASDAQ:ONB) to report $0.27 EPS on July, 25 before the open.They anticipate $0.03 EPS change or 12.50% from last quarter’s $0.24 EPS. ONB’s profit would be $36.32M giving it 15.83 P/E if the $0.27 EPS is correct. After having $0.28 EPS previously, Old National Bancorp’s analysts see -3.57% EPS growth. The stock decreased 0.87% or $0.15 on July 14, reaching $17.1. About shares traded. Old National Bancorp (NASDAQ:ONB) has risen 28.89% since July 17, 2016 and is uptrending. It has outperformed by 12.19% the S&P500.

Columbus McKinnon Corporation is a global designer, maker and marketer of hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products serving various commercial and industrial end user markets. The company has market cap of $579.68 million.

Old National Bancorp is a financial holding company. The company has market cap of $2.30 billion. The Company, through its banking subsidiary, provides a range of services, including commercial and consumer loan and depository services, private banking, brokerage, trust, investment advisory and other traditional banking services. It has a 15.91 P/E ratio. The Firm focuses on community banking.

Since February 3, 2017, it had 0 insider purchases, and 3 insider sales for $1.49 million activity. $16,175 worth of stock was sold by Kamin John R. on Friday, May 26. The insider Sandgren James A sold $223,200. 70,000 Old National Bancorp (NASDAQ:ONB) shares with value of $1.25M were sold by JONES ROBERT G.

Investors sentiment increased to 1.21 in Q4 2016. Its up 0.17, from 1.04 in 2016Q3. It is positive, as 15 investors sold Old National Bancorp shares while 63 reduced holdings. 25 funds opened positions while 69 raised stakes. 94.51 million shares or 1.19% more from 93.40 million shares in 2016Q3 were reported. Hl Finance Service Ltd Llc holds 16,954 shares or 0.01% of its portfolio. Kcg Inc invested in 59,590 shares. Two Sigma Secs Lc owns 0.16% invested in Old National Bancorp (NASDAQ:ONB) for 27,124 shares. Trexquant Investment Lp reported 13,871 shares stake. Dalton Greiner Hartman Maher And holds 1.20M shares. Teacher Retirement Systems Of Texas reported 0% stake. James Investment Research holds 175,645 shares or 0.08% of its portfolio. Blackrock has invested 0% in Old National Bancorp (NASDAQ:ONB). Foundry Partners Ltd Liability Company reported 890,747 shares. Price T Rowe Assoc Inc Md accumulated 0% or 24,012 shares. 508,025 were reported by Putnam Limited Liability Co. California-based Private Gru has invested 2.12% in Old National Bancorp (NASDAQ:ONB). 11,800 are owned by American Asset. Lpl Financial Ltd Com owns 20,510 shares or 0% of their US portfolio. California Pub Employees Retirement System reported 332,500 shares stake.

Among 8 analysts covering Old National Bancorp (NASDAQ:ONB), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Old National Bancorp had 10 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Monday, June 12 by Keefe Bruyette & Woods. On Monday, July 11 the stock rating was initiated by Piper Jaffray with “Neutral”. The firm has “Market Perform” rating given on Tuesday, August 2 by Wood. The firm has “Hold” rating given on Friday, June 9 by Jefferies. Stephens initiated the shares of ONB in report on Tuesday, August 4 with “Overweight” rating. The company was maintained on Friday, July 7 by RBC Capital Markets. The rating was upgraded by Raymond James to “Outperform” on Tuesday, March 29. The company was downgraded on Tuesday, November 22 by Raymond James.

Since January 1, 0001, it had 0 insider purchases, and 4 sales for $266,781 activity.

Spitfire Capital Llc holds 5.6% of its portfolio in Columbus McKinnon Corp. for 458,011 shares. Forest Hill Capital Llc owns 202,420 shares or 1.77% of their US portfolio. Moreover, Pacific Ridge Capital Partners Llc has 1.27% invested in the company for 130,426 shares. The Massachusetts-based Eagle Boston Investment Management Inc has invested 1.24% in the stock. Morgan Dempsey Capital Management Llc, a Wisconsin-based fund reported 149,536 shares.

The stock increased 1.16% or $0.29 on July 14, reaching $25.36. About shares traded. Columbus McKinnon Corp. (CMCO) has risen 68.84% since July 17, 2016 and is uptrending. It has outperformed by 52.14% the S&P500.

Analysts await Columbus McKinnon Corp. (NASDAQ:CMCO) to report earnings on August, 1 before the open. They expect $0.29 earnings per share, down 14.71% or $0.05 from last year’s $0.34 per share. CMCO’s profit will be $6.63 million for 21.86 P/E if the $0.29 EPS becomes a reality. After $0.40 actual earnings per share reported by Columbus McKinnon Corp. for the previous quarter, Wall Street now forecasts -27.50% negative EPS growth.

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