Zions Bancorporation National Preferred Stock Price To Earnings To Growth
| ZIONP Preferred Stock | USD 23.22 0.02 0.09% |
Zions Bancorporation National fundamentals help investors to digest information that contributes to Zions Bancorporation's financial success or failures. It also enables traders to predict the movement of Zions Preferred Stock. The fundamental analysis module provides a way to measure Zions Bancorporation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Zions Bancorporation preferred stock.
Zions |
Zions Bancorporation National Company Price To Earnings To Growth Analysis
Zions Bancorporation's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Zions Bancorporation National has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Banks—Regional (which currently averages 0.0) industry. The price to earnings to growth for all United States preferred stocks is 100.0% higher than that of the company.
Did you try this?
Run Share Portfolio Now
Share PortfolioTrack or share privately all of your investments from the convenience of any device |
| All Next | Launch Module |
Zions Bancorporation ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Zions Bancorporation's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zions Bancorporation's managers, analysts, and investors.Environmental | Governance | Social |
Zions Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0099 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | (6.25 B) | ||||
| Shares Owned By Institutions | 0.05 % | ||||
| Number Of Shares Shorted | 241 | ||||
| Price To Earning | 2.59 X | ||||
| Revenue | 3.03 B | ||||
| Gross Profit | 3.03 B | ||||
| EBITDA | 1.49 B | ||||
| Net Income | 907 M | ||||
| Cash And Equivalents | 5.16 B | ||||
| Cash Per Share | 34.51 X | ||||
| Total Debt | 651 M | ||||
| Book Value Per Share | 29.95 X | ||||
| Cash Flow From Operations | 629 M | ||||
| Short Ratio | 0.12 X | ||||
| Earnings Per Share | 6.17 X | ||||
| Number Of Employees | 9.99 K | ||||
| Beta | 1.15 | ||||
| Total Asset | 89.55 B | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 3.83 % | ||||
| Net Asset | 89.55 B | ||||
| Last Dividend Paid | 1.58 |
About Zions Bancorporation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zions Bancorporation National's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zions Bancorporation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zions Bancorporation National based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Zions Bancorporation
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zions Bancorporation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zions Bancorporation will appreciate offsetting losses from the drop in the long position's value.Moving together with Zions Preferred Stock
Moving against Zions Preferred Stock
| 0.78 | CFG-PE | Citizens Financial | PairCorr |
| 0.69 | TFC-PO | Truist Financial | PairCorr |
| 0.69 | TFC-PR | Truist Financial | PairCorr |
| 0.31 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Zions Bancorporation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zions Bancorporation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zions Bancorporation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zions Bancorporation National to buy it.
The correlation of Zions Bancorporation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zions Bancorporation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zions Bancorporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zions Bancorporation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Zions Preferred Stock Analysis
When running Zions Bancorporation's price analysis, check to measure Zions Bancorporation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zions Bancorporation is operating at the current time. Most of Zions Bancorporation's value examination focuses on studying past and present price action to predict the probability of Zions Bancorporation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zions Bancorporation's price. Additionally, you may evaluate how the addition of Zions Bancorporation to your portfolios can decrease your overall portfolio volatility.