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In the latest session, Zions Bancorporation N.A (NASDAQ: ZION) closed at $45.05 down -1.59% from its previous closing price of $45.78. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 1.36 million shares were traded. ZION stock price reached its highest trading level at $45.345 during the session, while it also had its lowest trading level at $43.72.
Ratios:
For a deeper understanding of Zions Bancorporation N.A’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 0.12.
On April 10, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $47.
Truist Downgraded its Buy to Hold on January 05, 2024, whereas the target price for the stock was revised from $51 to $46.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 29 ’24 when ALEXANDER BRUCE K sold 5,156 shares for $51.83 per share. The transaction valued at 267,257 led to the insider holds 17,857 shares of the business.
SHIREY TERRY ALAN sold 1,917 shares of ZION for $99,262 on Jul 26 ’24. The Executive Vice President & now owns 24,640 shares after completing the transaction at $51.78 per share. On Jul 26 ’24, another insider, MCLEAN SCOTT J, who serves as the President of the company, sold 60,000 shares for $51.85 each. As a result, the insider received 3,111,000 and left with 50,880 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZION now has a Market Capitalization of 6761554432 and an Enterprise Value of 9428728832. As of this moment, Zions’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.85, and their Forward P/E ratio for the next fiscal year is 9.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 3.191.
Stock Price History:
Over the past 52 weeks, ZION has reached a high of $53.32, while it has fallen to a 52-week low of $28.90. The 50-Day Moving Average of the stock is -5.21%, while the 200-Day Moving Average is calculated to be 4.87%.
Shares Statistics:
For the past three months, ZION has traded an average of 1.69M shares per day and 1541080 over the past ten days. A total of 148.15M shares are outstanding, with a floating share count of 145.31M. Insiders hold about 1.62% of the company’s shares, while institutions hold 77.96% stake in the company. Shares short for ZION as of 1723680000 were 6418366 with a Short Ratio of 3.79, compared to 1721001600 on 8541037. Therefore, it implies a Short% of Shares Outstanding of 6418366 and a Short% of Float of 5.13.
Dividends & Splits
According to the company, the forward annual dividend rate for ZION is 1.64, from 1.64 in the trailing year. Against a Trailing Annual Dividend Yield of 0.035823505The stock’s 5-year Average Dividend Yield is 3.44.
Earnings Estimates
The current assessment of Zions Bancorporation N.A (ZION) involves the perspectives of 23.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $1.16, with high estimates of $1.31 and low estimates of $0.96.
Analysts are recommending an EPS of between $4.81 and $4.25 for the fiscal current year, implying an average EPS of $4.57. EPS for the following year is $4.77, with 24.0 analysts recommending between $5.05 and $4.5.
Revenue Estimates
For the next quarter, 18 analysts are estimating revenue of $785.3M. There is a high estimate of $810M for the next quarter, whereas the lowest estimate is $760M.
A total of 19 analysts have provided revenue estimates for ZION’s current fiscal year. The highest revenue estimate was $3.12B, while the lowest revenue estimate was $3.03B, resulting in an average revenue estimate of $3.09B. In the same quarter a year ago, actual revenue was $3.12BBased on 19 analysts’ estimates, the company’s revenue will be $3.22B in the next fiscal year. The high estimate is $3.3B and the low estimate is $3.11B.
