On Tuesday, Zions Bancorporation N.A (NASDAQ: ZION) opened lower -0.72% from the last session, before settling in for the closing price of $52.51. Price fluctuations for ZION have ranged from $29.32 to $53.32 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%. Company’s average yearly earnings per share was noted 12.23% at the time writing. With a float of $145.34 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. In terms of profitability, gross margin is 100.0%, operating margin of 35.45%, and the pretax margin is 18.06%.
Zions Bancorporation N.A (ZION) Insider and Institutional Ownership
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 1.60%, while institutional ownership is 78.95%. The most recent insider transaction that took place on Oct 25 ’24, was worth 129,378. Before that another transaction happened on Jul 29 ’24, when Company’s Exec VP and sold 5,156 for $51.83, making the entire transaction worth $267,257. This insider now owns 17,857 shares in total.
Zions Bancorporation N.A (ZION) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.29 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.99) by 0.3. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.46% 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 1.56. Likewise, its price to free cash flow for the trailing twelve months is 8.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.39, a number that is poised to hit 1.27 in the next quarter and is forecasted to reach 4.90 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 1.24 million was inferior to 2.1 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 71.21%. Additionally, its Average True Range was 1.41.
During the past 100 days, Zions Bancorporation N.A’s (ZION) raw stochastic average was set at 91.13%, which indicates a significant increase from 83.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.07% in the past 14 days, which was higher than the 33.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.23, while its 200-day Moving Average is $44.28. Now, the first resistance to watch is $52.50. This is followed by the second major resistance level at $52.86. The third major resistance level sits at $53.22. If the price goes on to break the first support level at $51.78, it is likely to go to the next support level at $51.42. The third support level lies at $51.06 if the price breaches the second support level.
Zions Bancorporation N.A (NASDAQ: ZION) Key Stats
There are currently 147,697K shares outstanding in the company with a market cap of 7.70 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 1,276 M and its income totaled 214,000 K.
