Zions Bancorp ZION has been analyzed by 16 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 14 | 2 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 1 | 0 |
| 3M Ago | 0 | 0 | 10 | 1 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $51.38, a high estimate of $54.00, and a low estimate of $42.00. Marking an increase of 10.09%, the current average surpasses the previous average price target of $46.67.
Investigating Analyst Ratings: An Elaborate Study
An in-depth analysis of recent analyst actions unveils how financial experts perceive Zions Bancorp. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Ken Zerbe | Morgan Stanley | Announces | Equal-Weight | $54.00 | - |
| Jennifer Demba | Truist Securities | Lowers | Hold | $52.00 | $54.00 |
| Ken Usdin | Jefferies | Lowers | Hold | $49.00 | $51.00 |
| Mike Mayo | Wells Fargo | Lowers | Equal-Weight | $50.00 | $52.00 |
| Ken Zerbe | Morgan Stanley | Raises | Underweight | $54.00 | $42.00 |
| David Rochester | Compass Point | Raises | Neutral | $52.00 | $43.00 |
| Jennifer Demba | Truist Securities | Raises | Hold | $54.00 | $45.00 |
| Ken Zerbe | Morgan Stanley | Raises | Underweight | $42.00 | $39.00 |
| David Chiaverini | Wedbush | Raises | Neutral | $52.00 | $46.00 |
| Ryan Nash | Goldman Sachs | Raises | Neutral | $54.00 | $47.00 |
| Terry McEvoy | Stephens & Co. | Raises | Equal-Weight | $51.00 | $48.00 |
| Christopher Mcgratty | Keefe, Bruyette & Woods | Raises | Market Perform | $52.00 | $44.00 |
| Mike Mayo | Wells Fargo | Raises | Equal-Weight | $52.00 | $44.00 |
| Jon Arfstrom | RBC Capital | Raises | Sector Perform | $54.00 | $48.00 |
| David George | Baird | Raises | Neutral | $52.00 | $50.00 |
| Jon Arfstrom | RBC Capital | Raises | Sector Perform | $48.00 | $47.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Zions Bancorp. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Zions Bancorp compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Zions Bancorp's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Zions Bancorp's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Zions Bancorp analyst ratings.
Get to Know Zions Bancorp Better
Zions Bancorporation is a regional U.S. bank with core operations that span 11 states. The bank is headquartered in Salt Lake City and does business primarily in the Western and Southwestern United States. Zions primarily focuses on providing banking services to small and midsize businesses, with the bulk of its loans focused on commercial and commercial real estate lending.
A Deep Dive into Zions Bancorp's Financials
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Challenges: Zions Bancorp's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -1.67%. This indicates a decrease in top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Zions Bancorp's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 24.64%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 3.44%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Zions Bancorp's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.22%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.1.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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