- ZION has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $66.4 million.
- ZION has traded 2.2 million shares today.
- ZION is trading at 1.59 times the normal volume for the stock at this time of day.
- ZION crossed above its 200-day simple moving average.
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EXCLUSIVE OFFER: Get the inside scoop on opportunities in ZION with the Ticky from Trade-Ideas. See the FREE profile for ZION NOW at Trade-IdeasMore details on ZION: Zions Bancorporation, a financial holding company, provides banking and related services. The stock currently has a dividend yield of 0.6%. ZION has a PE ratio of 16.3. Currently there are 7 analysts that rate Zions Bancorp a buy, 1 analyst rates it a sell, and 11 rate it a hold. The average volume for Zions Bancorp has been 2.4 million shares per day over the past 30 days. Zions has a market cap of $5.9 billion and is part of the financial sector and banking industry. The stock has a beta of 1.73 and a short float of 6.6% with 4.95 days to cover. Shares are down 2.7% year-to-date as of the close of trading on Monday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Zions Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Highlights from the ratings report include:
- ZIONS BANCORPORATION reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, ZIONS BANCORPORATION increased its bottom line by earning $1.58 versus $0.97 in the prior year. This year, the market expects an improvement in earnings ($1.85 versus $1.58).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Commercial Banks industry. The net income increased by 44.0% when compared to the same quarter one year prior, rising from $83.03 million to $119.55 million.
- The gross profit margin for ZIONS BANCORPORATION is currently very high, coming in at 101.28%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 20.33% is above that of the industry average.
- Regardless of the drop in revenue, the company managed to outperform against the industry average of 12.9%. Since the same quarter one year prior, revenues slightly dropped by 4.9%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
- Net operating cash flow has significantly decreased to $12.43 million or 96.00% when compared to the same quarter last year. Despite a decrease in cash flow of 96.00%, ZIONS BANCORPORATION is in line with the industry average cash flow growth rate of -97.33%.
- You can view the full Zions Bancorp Ratings Report.