Zions Bancorporation N.A (NASDAQ: ZION) is -1.68% lower on its value in year-to-date trading and has touched a low of $38.01 and a high of $63.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZION stock was last observed hovering at around $52.89 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $53.34, the stock is -4.79% and -4.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.44 million and changing 0.85% at the moment leaves the stock 5.55% off its SMA200. ZION registered 36.66% gain for a year compared to 6-month gain of 6.87%.
The stock witnessed a -7.72% loss in the last 1 month and extending the period to 3 months gives it a -9.81%, and is -5.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.34% over the week and 2.58% over the month.
Zions Bancorporation N.A (ZION) has around 9406 employees, a market worth around $7.88B and $4.99B in sales. Current P/E ratio is 10.76 and Fwd P/E is 9.28. Profit margin for the company is 14.62%. Distance from 52-week low is 40.33% and -15.63% from its 52-week high. The company has generated returns on investments over the last 12 months (9.98%).
The EPS is expected to grow by 6.57% this year
The shares outstanding are 147.87M, and float is at 145.34M with Short Float at 2.82%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.35 million shares valued at $$795.91 million. The investor’s holdings represent 12.4554 of the ZION Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.33 million shares valued at $$578.02 million to account for 9.0456 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.25 million shares representing 4.2412 and valued at over $$271.0 million, while STATE STREET CORP holds 4.1706 of the shares totaling 6.14 million with a market value of $$266.51 million.
Zions Bancorporation N.A (ZION) Insider Activity
The most recent transaction is an insider sale by Smith Jennifer Anne, the company’s Executive Vice President. SEC filings show that Smith Jennifer Anne sold 22,673 shares of the company’s common stock on Feb 18 ’25 at a price of $56.47 per share for a total of $1.28 million. Following the sale, the insider now owns 29313.0 shares.
Still, SEC filings show that on Feb 12 ’25, STEPHENS STEVEN DAN (Executive Vice President) disposed off 10,000 shares at an average price of $55.71 for $0.56 million. The insider now directly holds 45,847 shares of Zions Bancorporation N.A (ZION).
