On Tuesday, Zions Bancorporation N.A (NASDAQ: ZION) was 1.68% up from the session before settling in for the closing price of $51.16. A 52-week range for ZION has been $32.18 – $53.85.
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Annual sales at Financial sector company grew by 9.97% over the past five years. When this article was written, the company’s average yearly earnings per share was at 12.32%. With a float of $145.34 million, this company’s outstanding shares have now reached $148.15 million.
Let’s look at the performance matrix of the company that is accounted for 9679 employees. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Zions Bancorporation N.A stocks. The insider ownership of Zions Bancorporation N.A is 1.59%, while institutional ownership is 78.88%. The most recent insider transaction that took place on Oct 30 ’24, was worth 234,427. In this transaction Executive Vice President of this company sold 4,385 shares at a rate of $53.46, taking the stock ownership to the 24,714 shares. Before that another transaction happened on Oct 30 ’24, when Company’s Officer proposed sale 4,386 for $53.45, making the entire transaction worth $234,427.
Zions Bancorporation N.A (ZION) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.29 earnings per share (EPS) during the time that was better than consensus figure (set at 0.99) by 0.3. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.32% 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
You can see what Zions Bancorporation N.A (ZION) is doing with its current performance indicators. 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 8.85.
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)
Zions Bancorporation N.A (NASDAQ: ZION) saw its 5-day average volume 1.06 million, a negative change from its year-to-date volume of 2.08 million. As of the previous 9 days, the stock’s Stochastic %D was 28.46%. Additionally, its Average True Range was 1.42.
During the past 100 days, Zions Bancorporation N.A’s (ZION) raw stochastic average was set at 86.87%, which indicates a significant increase from 59.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.16% in the past 14 days, which was higher than the 32.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.62, while its 200-day Moving Average is $44.54. Nevertheless, the first resistance level for the watch stands at $52.57 in the near term. At $53.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $53.90. If the price goes on to break the first support level at $51.24, it is likely to go to the next support level at $50.45. The third support level lies at $49.91 if the price breaches the second support level.
Zions Bancorporation N.A (NASDAQ: ZION) Key Stats
There are 147,697K outstanding shares of the company, which has a market capitalization of 7.68 billion. As of now, sales total 4,624 M while income totals 680,000 K. Its latest quarter income was 1,276 M while its last quarter net income were 214,000 K.
