Analytical Review of Zions Bancorporation (NASDAQ:ZION)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Zions Bancorporation (NASDAQ:ZION) for the period of 9-Day stands at 9.25% while the stochastic %D for the same period stands at 13.18%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Zions Bancorporation (NASDAQ:ZION) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Zions Bancorporation (NASDAQ:ZION) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Zions Bancorporation (NASDAQ:ZION)’s 20-Day Bollinger Band indicates “Sell”.

About Company

Zions Bancorporation is a multi-bank holding company.  Zions focuses on maintaining community-minded banking by strengthening its core business lines of retail banking, small and medium-sized business lending, residential mortgage and investment activities. The banks provide a wide variety of commercial and retail banking and mortgage-lending financial services. Commercial loans, lease financing, cash management, lockbox, customized draft processing, and other special financial services are provided for business and other commercial banking customers.

Previous Day Activity Analysis

On the last trading day, Zions Bancorporation (NASDAQ:ZION) opened the session at $44.1 and after going down -0.09% closed at $43.93. The stock lost -0.17 points in the last trade.

Zions Bancorporation (NASDAQ:ZION)’s stock fluctuated in the range of $43.83 and $44.42 during the previous active session. Zions Bancorporation (NASDAQ:ZION) traded with the volume of 2.05 Million with average volume of 2.04 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.47 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.89 and 35.52 respectively.

Currently the Insider Ownership of the shares of Zions Bancorporation (NASDAQ:ZION) is at 1% and the shares outstanding are 202.36 Million.

Important Ratio Analysis

Some important ratios to consider here for Zions Bancorporation (NASDAQ:ZION) are discussed below:

Dividend yield of Zions Bancorporation (NASDAQ:ZION) stands at 1.09% whereas Price to Earnings P/E ratio stands at 16.44 while Forward P/E shows the value of 13.94.

The PEG ratio (Price to Earning to Growth) emits the value of 1.16. The Price to Sale P/S and Price to Book P/B shows the value of 4.17 and 1.22 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 3.09 and 11.84 correspondingly.

Return on Assets ROA of Zions Bancorporation (NASDAQ:ZION) is at 0.9% whereas, Return on Equity ROE and Return of Investment ROI of Zions Bancorporation (NASDAQ:ZION) stand at 7.8% and 20.6% respectively.

The payout ratio of Zions Bancorporation (NASDAQ:ZION) stands at 13.1%.

Stock Performance Analysis

The stock performance of Zions Bancorporation (NASDAQ:ZION) on the basis of 5 day trade show the dip of -6.15% whereas, the monthly performance of the stock shows decrease of -5.97%.

The quarterly performance of the stock remained in red zone with the value of -2.36% while six month performance of the shares of Zions Bancorporation (NASDAQ:ZION) remained bullish with the count of 8.36%.

The yearly and YTD performance of Zions Bancorporation (NASDAQ:ZION) remained up at 20.03% and 2.07% respectively.