ZTO Express (Cayman) Inc ADR (NYSE:ZTO) shares traded -1.11% lower at $24.04 on Wall Street last session.
In accordance with the data, 24 analysts cover ZTO Express (Cayman) Inc ADR (NYSE:ZTO). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $311.30 and a low of $203.98, we find $240.28. Given the previous closing price of $24.31, this indicates a potential upside of 888.4 percent. ZTO stock price is now -0.38% away from the 50-day moving average and -7.71% away from the 200-day moving average. The market capitalization of the company currently stands at $14.44B.
It has been rated a hold by 1 analysts and a buy by 22. Brokers who have rated the stock have averaged $251.70 as their price target over the next twelve months.
With the price target reduced from $34 to $28, BofA Securities Downgraded its rating from Buy to Neutral for ZTO Express (Cayman) Inc ADR (NYSE: ZTO).
A total of 0.01% of the company’s stock is owned by insiders.
ZTO Express (Cayman) Inc ADR (NYSE: ZTO) opened at $23.54 on Thursday. During the past 12 months, ZTO Express (Cayman) Inc ADR has had a low of $20.40 and a high of $30.05. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 1.32, and a quick ratio of 1.27. According to the stock market information, the enterprise value for the company is $19.78B, which is based on a 16.72 price-to-earnings ratio, a 1.00 price-to-earnings-growth ratio, and a beta of 0.06. The fifty day moving average price for ZTO is $24.13 and a two-hundred day moving average price translates $26.12 for the stock.
The latest earnings results from ZTO Express (Cayman) Inc ADR (NYSE: ZTO) was released for Jun, 2023. According to the Integrated Freight & Logistics Company, earnings per share came in at $0.43, beating analysts’ expectations of $0.39 by 0.04. This compares to $0.32 EPS in the same period last year. The net profit margin was 22.02% and return on equity was 15.68% for ZTO. The company reported revenue of $1.34 billion for the quarter, compared to $1.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.93 percent. For the current quarter, analysts expect ZTO to generate $1.36B in revenue.