Summary:
- Zions Bancorporation (ZION, Financial) anticipates a strong Q1 earnings report with an EPS forecast of $1.18.
- Analyst predictions suggest a significant upside potential of over 32% for ZION stock based on average price targets.
- Current analyst consensus recommends a "Hold" rating for ZION with a balanced outlook.
Upcoming Earnings Report for Zions Bancorp (ZION)
Investors are eagerly awaiting the Q1 earnings report of Zions Bancorporation (ZION), scheduled for release on April 21, after the market closes. Analysts are optimistic, predicting an Earnings Per Share (EPS) of $1.18, which marks a 22.9% increase year-over-year. Revenue is expected to reach $794.82 million, reflecting a 7.1% growth. Notably, over the last three months, there have been seven upward revisions in EPS estimates, indicating increasing confidence in the company's performance.
Wall Street Analysts' Forecast: Price Targets and Recommendations
According to forecasts from 17 analysts, Zions Bancorp NA (ZION, Financial) boasts a one-year average price target of $58.71, with individual estimates ranging from a high of $65.00 to a low of $52.00. This suggests a potential upside of 32.58% from the current stock price of $44.28. For more detailed insights, investors can visit the Zions Bancorp NA (ZION) Forecast page.
Consensus from 22 brokerage firms classifies ZION's stock as a "Hold," with an average recommendation score of 2.9 on a scale where 1 signifies a Strong Buy and 5 represents a Sell. This balanced recommendation suggests a cautious yet hopeful outlook on the stock.
GuruFocus Valuation Insights: GF Value
According to GuruFocus estimates, the projected GF Value for Zions Bancorp NA (ZION, Financial) in one year is $53.26. This indicates a potential upside of 20.28% compared to the present price of $44.28. The GF Value reflects GuruFocus' assessment of the stock's fair trading value, based on historical trading multiples and forecasts of the company's business performance. For additional data, visit the Zions Bancorp NA (ZION) Summary page.
