At the time of writing, Zions Bancorporation N.A [ZION] stock is trading at $56.48, up 3.92%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ZION shares have gain 2.65% over the last week, with a monthly amount drifted -3.96%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Zions Bancorporation N.A [NASDAQ: ZION] stock has seen the most recent analyst activity on January 07, 2025, when Goldman upgraded its rating to a Buy but kept the price target unchanged to $71 for it. On September 30, 2024, upgrade upgraded it’s rating to Equal-Weight but maintained its price target of $54 on the stock. Argus downgraded its rating to a Hold. Deutsche Bank initiated its recommendation with a Hold and recommended $47 as its price target on April 10, 2024. Truist downgraded its rating to Hold for this stock on January 05, 2024, and downed its price target to $46. In a note dated December 15, 2023, Robert W. Baird downgraded an Neutral rating on this stock but restated the target price of $45.
For the past year, the stock price of Zions Bancorporation N.A fluctuated between $37.76 and $63.22. 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 $56.48 at the most recent close of the market. An investor can expect a potential drop of -4.39% based on the average ZION price forecast.
Analyzing the ZION fundamentals
According to Zions Bancorporation N.A [NASDAQ:ZION], the company’s sales were 4.94B for trailing twelve months, which represents an 8.11% jump. 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 0.46.
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 55.29 points at the first support level, and at 54.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.13, and for the 2nd resistance point, it is at 57.79.
Ratios To Look Out For
It is important to note that Zions Bancorporation N.A [NASDAQ:ZION] has a current ratio of 0.14. Considering the valuation of this stock, the price to sales ratio is 1.69, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 12.86.
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.
