Zions Bancorporation (NASDAQ:ZION) slipped over -1.89% at $49.92. Zions Bancorporation has 199.5 million shares outstanding, and in the last trade has seen ATR around 1.19. The volume of ZION witnessed a shift from 3.12 million shares, based on a 50-day average, to 2.29 million shares.
In the most updated research from a number of analysts on Wall Street, the company gets 13 Buys and 1 Sell among 26 analysts. Zions Bancorporation (NASDAQ:ZION) hasconsensus analyst target price is $51.04. That gives us a street projected return of 2.24%. If the published price targets set by Zions Bancorporation analysts have any power to influence the stock’s share price, the highest price target set for ZION is $57.
Zions Bancorporation most recently reported earnings per share (EPS) of $0.72 for the September 2017 versus $0.57 in the same quarter last year, representing 26% growth. Analysts had predicted $0.73. Revenue during the quarter was $661 million, representing 8% growth from $614.07 million in year-ago quarter. The company’s quarterly EPS surprised Wall Street by as much as -1% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.
On a similar note, analysts expect EPS of $0.74 in December 2017 quarter and $0.72 in March 2018 quarter, representing 23.33% and 18.03% growth, respectively. They expect this year’s earnings to rise 40.7% year-over-year to $2.8, followed by 11.79% growth in the next year to $3.13.
Shares of Overstock.com, Inc. (NASDAQ:OSTK) traded down -6.98% in the last session while performance was up 42.65% in the last five days. The stock’s last price was higher from the average trading price of 50 days recorded at $42.13 while enlarging the period to 200 trading days, the average price was $23.84. Currently, 27.63 million total shares are owned by the public and among those 16.34 million shares have been available to trade. The percentage of shares being held by the company management was 0.4% while institutional stake was 48.6%.
Overstock.com, Inc. (OSTK) has risen 210.18% since then. But since then, those gains have faded by -35.08%. OSTK has risen 5.18% in the 1-month period.
Zions Bancorporation has a beta of 1.41, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$0.43 a share in the trailing twelve months. It last reported revenues of $424.01 million and EPS for the September 2017, representing 1% top-line growth and Last 4 Weeks EPS growth.
Looking forward, the company’s quarterly earnings are expected to come at -$0.03 in the three months through December 2017 and in the quarter ending March 2018, reflecting -125% and -908282% growth, respectively. For the full year, analysts expect earnings to decline -147.47% yoy to -$0.47. Next year this growth will reach 8.51% to attain -$0.51.