-4.03% percent quarterly performance for Zions Bancorporation N.A (ZION) is not indicative of the underlying story

On Tuesday, Zions Bancorporation N.A (NASDAQ: ZION) opened lower -2.25% from the last session, before settling in for the closing price of $40.41. Price fluctuations for ZION have ranged from $18.26 to $46.15 over the past 52 weeks.

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Financial Sector giant saw their annual sales surged by 9.97% over the last five years. Company’s average yearly earnings per share was noted -3.17% at the time writing. With a float of $145.72 million, this company’s outstanding shares have now reached $148.15 million.

The firm has a total of 9679 workers. Let’s measure their productivity.

Zions Bancorporation N.A (ZION) Insider Activity

A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Zions Bancorporation N.A is 1.65%, while institutional ownership is 79.52%. The most recent insider transaction that took place on Feb 27 ’24, was worth 154,160. In this transaction Chairman & CEO of this company bought 4,000 shares at a rate of $38.54, taking the stock ownership to the 1,312,987 shares. Before that another transaction happened on Feb 22 ’24, when Company’s Exec VP sold 5,597 for $40.21, making the entire transaction worth $225,055. This insider now owns 12,133 shares in total.

Zions Bancorporation N.A (ZION) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.32% during the next five years compared to 1.26% growth over the previous five years of trading.

Zions Bancorporation N.A (NASDAQ: ZION) Trading Performance Indicators

Check out the current performance indicators for Zions Bancorporation N.A (ZION). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26. Likewise, its price to free cash flow for the trailing twelve months is 7.41.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.36, a number that is poised to hit 0.95 in the next quarter and is forecasted to reach 4.61 in one year’s time.

Technical Analysis of Zions Bancorporation N.A (ZION)

Analysing the last 5-days average volume posted by the [Zions Bancorporation N.A, ZION], we can find that recorded value of 1.74 million was lower than the volume posted last year of 3.06 million. As of the previous 9 days, the stock’s Stochastic %D was 10.03%. Additionally, its Average True Range was 1.35.

During the past 100 days, Zions Bancorporation N.A’s (ZION) raw stochastic average was set at 46.76%, which indicates a significant increase from 5.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.54% in the past 14 days, which was lower than the 42.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $40.66, while its 200-day Moving Average is $37.58. Now, the first resistance to watch is $39.96. This is followed by the second major resistance level at $40.42. The third major resistance level sits at $40.78. If the price goes on to break the first support level at $39.14, it is likely to go to the next support level at $38.78. Should the price break the second support level, the third support level stands at $38.32.

Zions Bancorporation N.A (NASDAQ: ZION) Key Stats

There are currently 147,599K shares outstanding in the company with a market cap of 5.85 billion. Presently, the company’s annual sales total 4,624 M according to its annual income of 680,000 K. Last quarter, the company’s sales amounted to 1,188 M and its income totaled 126,000 K.