ZTO Express (Cayman) Inc. (NYSE:ZTO) shares traded 0.34% higher at $26.72 on Wall Street last session.
In accordance with the data, 22 analysts cover ZTO Express (Cayman) Inc. (NYSE:ZTO). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $308.87 and a low of $229.48, we find $263.27. Given the previous closing price of $26.63, this indicates a potential upside of 888.62 percent. ZTO stock price is now -0.09% away from the 50-day moving average and 3.80% away from the 200-day moving average. The market capitalization of the company currently stands at $21.78B.
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It has been rated a hold by 0 analysts and a buy by 21. Brokers who have rated the stock have averaged $264.55 as their price target over the next twelve months.
With the price target enhanced from $37 to $42, Goldman Upgraded its rating from Neutral to Buy for ZTO Express (Cayman) Inc. (NYSE: ZTO).
A total of 0.79% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ZTO stock. A new stake in ZTO Express (Cayman) Inc. shares was purchased by CANDRIAM S.C.A. during the first quarter worth $43,480,000. OXBOW CAPITAL MANAGEMENT (HK) LTD invested $20,333,000 in shares of ZTO during the first quarter. In the first quarter, VICTORY CAPITAL MANAGEMENT INC acquired a new stake in ZTO Express (Cayman) Inc. valued at approximately $18,090,000. D. E. SHAW & CO., INC. acquired a new stake in ZTO for approximately $13,011,000. HHLR ADVISORS, LTD. purchased a new stake in ZTO valued at around $11,503,000 in the second quarter. In total, there are 403 active investors with 31.60% ownership of the company’s stock.
ZTO Express (Cayman) Inc. (NYSE: ZTO) opened at $26.93 on Tuesday. During the past 12 months, ZTO Express (Cayman) Inc. has had a low of $16.06 and a high of $30.05. As of last week, the company has a debt-to-equity ratio of 0.25, a current ratio of 1.30, and a quick ratio of 1.30. According to the stock market information, the enterprise value for the company is $21.06B, which is based on a 20.97 price-to-earnings ratio, a 1.10 price-to-earnings-growth ratio, and a beta of 0.02. The fifty day moving average price for ZTO is $26.74 and a two-hundred day moving average price translates $25.95 for the stock.
The latest earnings results from ZTO Express (Cayman) Inc. (NYSE: ZTO) was released for Mar, 2023. According to the Integrated Freight & Logistics Company, earnings per share came in at $0.38, beating analysts’ expectations of $0.37 by 0.01. This compares to $0.17 EPS in the same period last year. The net profit margin was 20.80% and return on equity was 14.40% for ZTO. The company reported revenue of $1.31 billion for the quarter, compared to $1.25 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.91 percent. For the current quarter, analysts expect ZTO to generate $1.25B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 04/28/2023. Investors who held shares on 04/06/2023 were paid a $0.37 dividend.
ZTO Express (Cayman) Inc.(ZTO) Company Profile
ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People’s Republic of China. It offers freight forwarding services; and delivery services for e-commerce and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People’s Republic of China.
