Zions Bancorporation N.A (NASDAQ: ZION) has a price-to-earnings ratio that is above its average at 12.03x. The stock has a 36-month beta value of 1.10. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 19 as “hold,” and 0 as “sell.”
The public float for ZION is 145.36M, and at present, short sellers hold a 3.76% of that float. On January 10, 2025, the average trading volume of ZION was 1.33M shares.
ZION) stock’s latest price update
The stock price of Zions Bancorporation N.A (NASDAQ: ZION) has plunged by -3.66 when compared to previous closing price of 54.87, but the company has seen a -2.24% decline 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.
ZION’s Market Performance
Zions Bancorporation N.A (ZION) has experienced a -2.24% fall in stock performance for the past week, with a -8.97% drop in the past month, and a 9.65% rise in the past quarter. The volatility ratio for the week is 2.63%, and the volatility levels for the past 30 days are at 2.81% for ZION. The simple moving average for the last 20 days is -4.13% for ZION stock, with a simple moving average of 9.56% for the last 200 days.
Analysts’ Opinion of ZION
Many brokerage firms have already submitted their reports for ZION stocks, with Goldman repeating the rating for ZION by listing it as a “Buy.” The predicted price for ZION in the upcoming period, according to Goldman is $71 based on the research report published on January 07, 2025 of the current year 2025.
Morgan Stanley gave a rating of “Equal-Weight” to ZION, setting the target price at $54 in the report published on September 30th of the previous year.
ZION Trading at -7.04% 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 -16.39% of loss for the given period.
Volatility was left at 2.81%, however, over the last 30 days, the volatility rate increased by 2.63%, as shares sank -9.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.10% upper at present.
During the last 5 trading sessions, ZION fell by -1.81%, which changed the moving average for the period of 200-days by +29.42% in comparison to the 20-day moving average, which settled at $55.15. In addition, Zions Bancorporation N.A saw -2.56% in overturn over a single year, with a tendency to cut further losses.
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 1.95. 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
To sum up, Zions Bancorporation N.A (ZION) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
