This is why Zions Bancorporation N.A (ZION) Stock is one of the options for the Longer run

Zions Bancorporation N.A [ZION] stock prices are up 0.69% to $55.35 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ZION shares have gain 4.20% over the last week, with a monthly amount drifted -10.34%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Morgan Stanley upgraded its rating to Equal-Weight on September 30, 2024, and kept the price target unchanged to $54. On July 25, 2024, downgrade downgraded it’s rating to Hold. Deutsche Bank started tracking the stock assigning a Hold rating and suggested a price target of $47 on April 10, 2024. Truist downgraded its rating to a Hold and reduced its price target to $46 on January 05, 2024. Robert W. Baird downgraded its rating to Neutral for this stock on December 15, 2023, but kept the price target unchanged to $45. In a note dated November 21, 2023, Citigroup downgraded an Neutral rating on this stock but restated the target price of $37.

The stock price of Zions Bancorporation N.A [ZION] has been fluctuating between $37.76 and $63.22 over the past year. Currently, Wall Street analysts expect the stock to reach $54 within the next 12 months. Zions Bancorporation N.A [NASDAQ: ZION] shares were valued at $55.35 at the most recent close of the market. An investor can expect a potential drop of -2.44% based on the average ZION price forecast.

Analyzing the ZION fundamentals

The Zions Bancorporation N.A [NASDAQ:ZION] reported sales of 4.95B for trailing twelve months, representing a surge of 8.11%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.12 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.54.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.49 points at the first support level, and at 53.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.84, and for the 2nd resistance point, it is at 56.32.

Ratios To Look Out For

It’s worth pointing out that Zions Bancorporation N.A [NASDAQ:ZION]’s Current Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 1.65, the price to book ratio is 1.38 and price to earnings (TTM) ratio is 12.60.

Transactions by insiders

Recent insider trading involved MCLEAN SCOTT J, President, that happened on Dec 17 ’24 when 890.0 shares were sold. Executive Vice President, STEPHENS STEVEN DAN completed a deal on Dec 17 ’24 to sell 388.0 shares. Meanwhile, Executive VP & General Counsel Miller Rena A. sold 116.0 shares on Dec 17 ’24.

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