| Company name | Zions Bancorporation |
| Stock ticker | ZION |
| Live stock price | [stckqut]ZION[/stckqut] |
| P/E compared to competitors | Good |
MANAGEMENT EXECUTION
| Employee productivity | Poor |
| Sales growth | Poor |
| EPS growth | Good |
| P/E growth | Good |
| EBIT growth | Poor |
ANALYSIS
| Confident Investor Rating | Fair |
| Target stock price (TWCA growth scenario) | $27.14 |
| Target stock price (averages with growth) | $27.88 |
| Target stock price (averages with no growth) | $21.3 |
| Target stock price (manual assumptions) | $30.4 |
The following company description is from Google Finance: http://www.google.com/finance?q=zion
Zions Bancorporation is a financial holding company. The Company focuses on providing community banking services by its core business lines of small and medium-sized business and corporate banking; commercial and residential development, construction and term lending; retail banking; treasury cash management and related products and services; residential mortgage; trust and wealth management, and investment activities. The Company owns and operates eight commercial banks with a total of 480 domestic branches in 10 western and southwestern states as of December 31, 2012. The Company provides a range of banking and related services through its banking and other subsidiaries, primarily in Utah, California, Texas, Arizona, Nevada, Colorado, Idaho, Washington, and Oregon. As of December 31, 2012, net loans and leases accounted for 67.9% of total assets.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Zions Bancorporation as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of Zions Bancorporation calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $30.1
- Growth: 0.1
- Current EPS (TTM): $1.52
- P/E: 20
- Future EPS Calc: $2.44
- Future Stock Price Calc: $48.95
- Target stock price: $30.4
I hope that this makes you a better investor. [/s2If]