Zions Bancorporation declined in the Previous Trading Session with the Change of -3%

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Zions Bancorporation (ZION) belongs to the “Financial” sector with an industry focus on “Regional – Pacific Banks”, with Mr. Harris Henry  Simmons as Chairman, Chief Exec. Officer and Chairman of Zions First National Bank.

The company has been one of the biggest innovators in “Regional – Pacific Banks” employing approximately 10057 full time employees.

Key Statistics:

  • The stock subtracted in the prior trading session by -3%, closing at the stock price of $41.33.
  • Currently, the market capitalization of Zions Bancorporation (ZION) is 8.36 Billion.
  • ZION has a 1-year high price of $ 48.33 and 1-year low price of $29.63.
  • The number of shares currently held by investors is 202.17 Million.
  • The number of shares traded in the last trading session was 2.81 Million.

Financials:

The company reported an impressive total revenue of 0 in the last fiscal year.

If you look at the company’s income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, ZION earned gross profit of 0, in 2015 0 gross profit, while in 2016 Zions Bancorporation (ZION) produced 0 profit.

Currently the shares of Zions Bancorporation (ZION) has a trading volume of 2.81 Million shares, with an average trading volume of 2090 shares – with shares dropping to a 52 week low of $29.63, and the company’s shares hitting a 52 week high of $ 48.33.

Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Down in the future.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Zions Bancorporation the EPS stands at 0.73 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.62, suggesting the stock exceeded the analysts’ expectations.

Another critical number in evaluating a stock is P/E or the price to earnings ratio.

Currently the P/E of Zions Bancorporation stands at 16.43. Looking at this figure it suggests that the shares of Zions Bancorporation (ZION) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Zions Bancorporation (ZION) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued.

The TTM operating margin is 93%. The return on invested capital at 20.6%, which is good, compared to its peers.

The Free Cash Flow or FCF margin is 11.34%, which means that the business has healthy reserve funds for contingencies that may arise.

Stock is currently moving with a negative distance from the 200 day simple moving average of approximately -3.23%, and has a poor year to date (YTD) performance of -3.97% which means the stock is constantly subtracting to its value from the previous fiscal year end price.

The stock grew about 8.55% in the past 5 years, this positive value indicates that the stock constantly performed well in previous years as well.

Future Expectations:

The target price for Zions Bancorporation (ZION) is $49.79/share according to the consensus of analysts working on the stock, with an expected EPS of $0.72/share for the current quarter.

The company’s expected revenue in the current quarter to be 667.54 Million, seeing a projected current quarter growth of 26.3%, and per annum growth estimates over the next 5 year period of around 14.83%.