With 0.83 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.94 million shares. The 52-week range on ZION shows that it touched its highest point at $63.22 and its lowest point at $39.32 during that stretch. It currently has a 1-year price target of $52.20. With its current market cap of 7.04 billion, ZION has annualized dividend of $1.70 while the current yield stands at 3.57%. Beta for the stock currently stands at 0.86.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ZION was down-trending over the past week, with a drop of -0.10%, but this was up by 5.05% over a month. Three-month performance dropped to -5.27% while six-month performance fell -20.43%. The stock gained 13.44% in the past year, while it has lost -12.11% so far this year. A look at the trailing 12-month EPS for ZION yields 5.13 with Next year EPS estimates of 5.54. For the next quarter, that number is 1.31. This implies an EPS growth rate of 5.12% for this year and 6.39% for next year. EPS is expected to grow by 6.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.54%.
Float and Shares Shorts:
At present, 147.57 million ZION shares are outstanding with a float of 145.09 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZION since 13 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 11 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.99658 being high and $4.70444 being low. For ZION, this leads to a yearly average estimate of $4.88577.
