Zions Bancorporation N.A (NASDAQ: ZION): Do Not Miss The Gain Train

Zions Bancorporation N.A (ZION) concluded trading on Thursday at a closing price of $42.56, with 2.47 million shares of worth about $105.22 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 24.05% during that period and on May 23, 2024 the price saw a loss of about -2.81%. Currently the company’s common shares owned by public are about 148.15M shares, out of which, 145.22M shares are available for trading.

Stock saw a price change of -4.87% in past 5 days and over the past one month there was a price change of 0.92%. Year-to-date (YTD), ZION shares are showing a performance of -2.99% which increased to 44.81% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.35 but also hit the highest price of $46.15 during that period. The average intraday trading volume for Zions Bancorporation N.A shares is 2.58 million. The stock is currently trading -1.99% below its 20-day simple moving average (SMA20), while that difference is up 1.05% for SMA50 and it goes to 9.85% higher than SMA200.

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

Zions Bancorporation N.A (NASDAQ: ZION) currently have 148.15M outstanding shares and institutions hold larger chunk of about 77.42% of that.

The stock has a current market capitalization of $6.28B and its 3Y-monthly beta is at 1.11. PE ratio of stock for trailing 12 months is 10.68, while it has posted earnings per share of $3.98 in the same period. It has a debt-to-equity ratio of 0.97. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ZION, volatility over the week remained 2.36% while standing at 2.21% over the month.

Stock’s fiscal year EPS is expected to drop by -0.67% while it is estimated to increase by 7.89% in next year. EPS is likely to shrink at an annualized rate of -8.32% for next 5-years, compared to annual growth of 1.26% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Deutsche Bank on April 10, 2024 offering a Hold rating for the stock and assigned a target price of $47 to it. Coverage by Truist stated Zions Bancorporation N.A (ZION) stock as a Hold in their note to investors on January 05, 2024, suggesting a price target of $46 for the stock. On December 15, 2023, Robert W. Baird Downgrade their recommendations, while on November 21, 2023, Citigroup Downgrade their ratings for the stock with a price target of $37. Stock get a Neutral rating from Piper Sandler on October 06, 2023.

Most Popular

Related Posts