Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.9%. By the end of trading, Zions rose $0.53 (2.0%) to $27.46 on average volume. Throughout the day, 2,806,668 shares of Zions exchanged hands as compared to its average daily volume of 1,991,200 shares. The stock ranged in a price between $26.69-$27.65 after having opened the day at $26.70 as compared to the previous trading day's close of $26.93. Other companies within the Banking industry that increased today were:
), up 23.5%,
), up 9.2%,
), up 5.5% and
), up 5.5%.
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Zions Bancorporation, a financial holding company, provides banking and related services in the United States. Zions has a market cap of $5.0 billion and is part of the financial sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are up 25.8% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Zions a buy, 1 analyst rates it a sell, and 11 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins, solid stock price performance, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Zions Ratings Report.
On the negative front,
), down 9.8%,
), down 9.5%,
), down 6.9% and
), down 6.6% , were all laggards within the banking industry with
) being today's banking industry laggard.
- Use our banking section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider
) while those bearish on the banking industry could consider
- Find other investment ideas from our top rated ETFs lists.
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