Apr. 21 at 12:07 AM
Heads up alert! Only one day until Upcoming earnings on Monday, 4/21/2025 for
$ZION Neutral (5.5)
Zions Bancorporation (ZION) is preparing for its upcoming first-quarter earnings report, anticipated to show significant growth with earnings per share (EPS) projected at
$1.18, a notable increase from
$0.96 in the same quarter last year.
Revenue estimates stand at
$794.82 million, reflecting a year-over-year growth from
$752 million.
However, recent downgrades from major financial institutions, including Wells Fargo and Morgan Stanley, have raised concerns about the stock's near-term performance.
Wells Fargo has adjusted its price target down to
$58 from
$62, while Morgan Stanley lowered its target to
$64 from
$71, both citing policy uncertainties and a tempered economic growth outlook.
These adjustments highlight a cautious sentiment among analysts despite the potential for long-term recovery driven by sector deregulation.
The P/E ratio for ZION is currently around 11.5, which is competitive compared to the industry average of approximately 12.5, indicating a potential undervaluation.
Nevertheless, projected EPS growth rates and revenue forecasts suggest that ZION could outperform some of its peers if it navigates the current economic headwinds effectively.
In terms of upcoming earnings, Zions Bancorporation is set to release its first-quarter results on April 21.
The consensus among analysts reflects an optimistic outlook with earnings expected to rise significantly.
Historical performance shows ZION has consistently beat earnings estimates over the past four quarters, often due to strong loan growth and improved operational efficiencies.
Analyst consensus estimates suggest a moderate growth trajectory with potential impacts from regulatory changes and shifts in economic policy.
The anticipated earnings report will be crucial, not just for validating projections but also for assessing the bank's strategic initiatives, particularly those involving technology enhancements like the partnership with nCino for loan origination processes.
As analysts brace for the results, the stock's performance may hinge on how well Zions manages the current climate of uncertainty and how it positions itself for future growth amidst evolving market conditions.
- Funds were net buyers of
$ZION during the previous reporting quarter.
- Top 4 funds with large holdings in
$ZION:
* Balyasny Asset Management LLC
$88MM. CGMFundRank: 92%, Fund Website: www.bamfunds.com
* Kettle Hill Capital Management LLC
$14MM. New position. CGMFundRank: 75%
* Maltese Capital Management LLC
$10MM. CGMFundRank: 78%, Fund Website: www.maltesecap.com
* Holocene Advisors LP
$4MM. CGMFundRank: 80%, Fund Website: www.holoceneadvisors.com
- Last 10 days performance: 4%
- Last 30 days performance: -8%
- Last 90 days performance: -23%
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