The stock of Zions Bancorporation N.A (NASDAQ: ZION) has decreased by -0.13 when compared to last closing price of 54.32. Despite this, the company has experienced a -0.24% fall in its stock price over the last five trading sessions. prnewswire.com reported 2024-12-09 that SALT LAKE CITY, Dec. 9, 2024 /PRNewswire/ — Zions Bancorporation, N.A. (NASDAQ: ZION) announced its expected earnings release dates for the fiscal fourth quarter of 2024 and the first, second, and third quarters of 2025.
Is It Worth Investing in Zions Bancorporation N.A (NASDAQ: ZION) Right Now?
Zions Bancorporation N.A (NASDAQ: ZION) has a price-to-earnings ratio of 12.35x that is above its average ratio. Additionally, the 36-month beta value for ZION is 1.10. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 19 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ZION is 145.36M and currently, short sellers hold a 3.76% ratio of that float. The average trading volume of ZION on January 01, 2025 was 1.33M shares.
ZION’s Market Performance
ZION stock saw a decrease of -0.24% in the past week, with a monthly decline of -10.36% and a quarterly a decrease of 18.97%. The volatility ratio for the week is 2.16%, and the volatility levels for the last 30 days are 2.68% for Zions Bancorporation N.A (ZION). The simple moving average for the past 20 days is -3.88% for ZION’s stock, with a 13.41% simple moving average for the past 200 days.
Analysts’ Opinion of ZION
Morgan Stanley, on the other hand, stated in their research note that they expect to see ZION reach a price target of $54. The rating they have provided for ZION stocks is “Equal-Weight” according to the report published on September 30th, 2024.
ZION Trading at -4.01% from the 50-Day Moving Average
After a stumble in the market that brought ZION to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.19% of loss for the given period.
Volatility was left at 2.68%, however, over the last 30 days, the volatility rate increased by 2.16%, as shares sank -9.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.85% upper at present.
During the last 5 trading sessions, ZION fell by -0.24%, which changed the moving average for the period of 200-days by +36.34% in comparison to the 20-day moving average, which settled at $56.44. In addition, Zions Bancorporation N.A saw 23.66% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZION starting from MCLEAN SCOTT J, who sale 890 shares at the price of $59.92 back on Dec 17 ’24. After this action, MCLEAN SCOTT J now owns 73,396 shares of Zions Bancorporation N.A, valued at $53,329 using the latest closing price.
STEPHENS STEVEN DAN, the Executive Vice President of Zions Bancorporation N.A, sale 388 shares at $59.92 during a trade that took place back on Dec 17 ’24, which means that STEPHENS STEVEN DAN is holding 45,136 shares at $23,249 based on the most recent closing price.
Stock Fundamentals for ZION
Current profitability levels for the company are sitting at:
- 0.4 for the present operating margin
- 1.0 for the gross margin
The net margin for Zions Bancorporation N.A stands at 0.14. The total capital return value is set at 0.03. Equity return is now at value 11.76, with 0.79 for asset returns.
Based on Zions Bancorporation N.A (ZION), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.54. The interest coverage ratio of the stock is 1.32.
Currently, EBITDA for the company is 1.03 billion with net debt to EBITDA at 26.94. When we switch over and look at the enterprise to sales, we see a ratio of 1.99. The receivables turnover for the company is 13.1for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.14.
Conclusion
In conclusion, Zions Bancorporation N.A (ZION) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
