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Is this Large Market Cap Stock target price reasonable for Zions Bancorporation (NASDAQ:ZION)?

The company in question is, Zions Bancorporation (NASDAQ:ZION) currently with a stock price of 30.84 (1.58% today). The market cap for Zions Bancorporation is 6217.42, and is in the sector Financial, and Regional – Pacific Banks industry. The target price for Zions Bancorporation is 31.78. Currently Zions Bancorporation is trading with a P/E of 18.14, and a forward P/E of 13.52. Average volume for Zions Bancorporation is 2861.49 and so far today it is 1165538.

Performance in the last year for Zions Bancorporation has been 10.30%. For EPS growth, Zions Bancorporation has seen a growth of -27.80%, and is looking to grow in the next year to 21.21%. More long term stats show that EPS growth has been 20.00% over the last five years and could be 12.61% for the next five years. Zions Bancorporation has seen sales growth quarter over quarter at 7.00%, with EPS growth quarter over quarter at 716.30%. The 20-day simple moving average is 2.70%, with the 200-day simple moving average coming to 17.76%.

Since the IPO date for Zions Bancorporation on the 3/26/1990, Zions Bancorporation has seen performance year to date to be 12.10%. With Zions Bancorporation trading at 30.84, the dividend yield is 1.05%, and the EPS is 1.67.

So could Zions Bancorporation, be undervalued? Well as said before P/E is 18.14. The PEG is 1.44, P/S is 3.29 and the P/B is at 0.9. The P/cash is 1.39, with P/free cash flow at 15.02.

Zions Bancorporation ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.1, and total debt/equity at 0.1.

In terms of margins, Zions Bancorporation has a gross margin of *TBA, an operating margin of 88.50% and a profit margin of 18.10%.Payout ratio for Zions Bancorporation is 14.30%. Return on assets come to 0.60% with return on investment coming to 20.50%.

Insider ownership for Zions Bancorporation, is at 1.10% and institutional ownership comes to 89.20%. Outstanding shares are at 204.79. While shares float is 201.6. The float short is currently 6.29%, and short ratio is 4.43.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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