A new trading day began on Monday, with Zions Bancorporation N.A (NASDAQ: ZION) stock price up 1.25% from the previous day of trading, before settling in for the closing price of $40.75. ZION’s price has ranged from $26.35 to $46.15 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 9.97%. Meanwhile, its annual earnings per share averaged -0.69%. With a float of $145.25 million, this company’s outstanding shares have now reached $148.15 million.
The extent of productivity of a business whose workforce counts for 9679 workers is very important to gauge.
Zions Bancorporation N.A (ZION) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Zions Bancorporation N.A is 1.63%, while institutional ownership is 77.45%. The most recent insider transaction that took place on May 17 ’24, was worth 6,618. In this transaction Exec VP of this company sold 147 shares at a rate of $45.02, taking the stock ownership to the 11,938 shares. Before that another transaction happened on May 16 ’24, when Company’s SVP – Controller sold 358 for $44.83, making the entire transaction worth $16,050. This insider now owns 1,681 shares in total.
Zions Bancorporation N.A (ZION) Performance Highlights and Predictions
In its latest quarterly report, released on 3/31/2024, the company reported earnings of 1.11 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.69% 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
Here are Zions Bancorporation N.A’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28. Likewise, its price to free cash flow for the trailing twelve months is 6.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.98, a number that is poised to hit 1.09 in the next quarter and is forecasted to reach 4.66 in one year’s time.
Technical Analysis of Zions Bancorporation N.A (ZION)
The latest stats from [Zions Bancorporation N.A, ZION] show that its last 5-days average volume of 1.63 million was inferior to 2.51 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 35.34%. Additionally, its Average True Range was 1.13.
During the past 100 days, Zions Bancorporation N.A’s (ZION) raw stochastic average was set at 45.02%, which indicates a significant increase from 37.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.07% in the past 14 days, which was lower than the 32.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.23, while its 200-day Moving Average is $39.27. Now, the first resistance to watch is $41.73. This is followed by the second major resistance level at $42.20. The third major resistance level sits at $43.11. If the price goes on to break the first support level at $40.35, it is likely to go to the next support level at $39.44. Assuming the price breaks the second support level, the third support level stands at $38.97.
Zions Bancorporation N.A (NASDAQ: ZION) Key Stats
With a market capitalization of 6.09 billion, the company has a total of 147,655K Shares Outstanding. Currently, annual sales are 4,624 M while annual income is 680,000 K. The company’s previous quarter sales were 1,210 M while its latest quarter income was 153,000 K.
