Zions Bancorporation N.A (NASDAQ: ZION) on Monday, soared 3.31% from the previous trading day, before settling in for the closing price of $58.13. Within the past 52 weeks, ZION’s price has moved between $32.18 and $60.41.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 9.97%. The company achieved an average annual earnings per share of 12.38%. With a float of $145.36 million, this company’s outstanding shares have now reached $148.15 million.
Considering the fact that the conglomerate employs 9679 people, you should pay attention to its efficiency factor. 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 Activity
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Zions Bancorporation N.A is 1.59%, while institutional ownership is 79.21%. The most recent insider transaction that took place on Nov 08 ’24, was worth 209,298. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 1,238 for $56.11, making the entire transaction worth $69,464.
Zions Bancorporation N.A (ZION) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 12.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.67% 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
Zions Bancorporation N.A (ZION) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.81. Likewise, its price to free cash flow for the trailing twelve months is 11.98.
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)
Compared to the last year’s volume of 2.08 million, its volume of 2.01 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 80.00%. Additionally, its Average True Range was 2.02.
During the past 100 days, Zions Bancorporation N.A’s (ZION) raw stochastic average was set at 95.01%, which indicates a significant increase from 90.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.33% in the past 14 days, which was higher than the 40.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.41, while its 200-day Moving Average is $44.85. Nevertheless, the first resistance level for the watch stands at $61.09 in the near term. At $62.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $63.17. If the price goes on to break the first support level at $59.01, it is likely to go to the next support level at $57.97. Should the price break the second support level, the third support level stands at $56.93.
Zions Bancorporation N.A (NASDAQ: ZION) Key Stats
Market capitalization of the company is 8.96 billion based on 147,697K outstanding shares. Right now, sales total 4,624 M and income totals 680,000 K. The company made 1,276 M in profit during its latest quarter, and 214,000 K in sales during its previous quarter.
