The price of ZTO Express (Cayman) Inc ADR (NYSE:ZTO) shares last traded on Wall Street rose 0.63% to $22.22.
Based on available information, 24 analysts follow 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 $292.34 and a low of $195.66, we find $231.89. Given the previous closing price of $22.08, this indicates a potential upside of 950.23 percent. ZTO stock price is now -7.45% away from the 50-day moving average and -14.31% away from the 200-day moving average. The market capitalization of the company currently stands at $13.35B.
Among analysts, 1 rate the stock a hold while 21 rate it a buy. Brokers who have rated the stock have averaged $236.82 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.
A candlestick chart of ZTO Express (Cayman) Inc ADR (NYSE: ZTO) showed a price of $22.20 on Wednesday morning. During the past 12 months, ZTO Express (Cayman) Inc ADR has had a low of $20.99 and a high of $30.05. As of last week, the company has a debt-to-equity ratio of 0.30, a current ratio of 1.17, and a quick ratio of 1.13. According to the stock market information, the enterprise value for the company is $17.97B, which is based on a 15.02 price-to-earnings ratio, a 0.90 price-to-earnings-growth ratio, and a beta of 0.03. The fifty day moving average price for ZTO is $24.01 and a two-hundred day moving average price translates $26.00 for the stock.
The latest earnings results from ZTO Express (Cayman) Inc ADR (NYSE: ZTO) was released for Sep, 2023. According to the Integrated Freight & Logistics Company, earnings per share came in at $0.4, beating analysts’ expectations of $0.39 by 0.01. This compares to $0.32 EPS in the same period last year. The net profit margin was 22.98% and return on equity was 16.18% for ZTO. The company reported revenue of $1.24 billion for the quarter, compared to $1.26 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.07 percent. For the current quarter, analysts expect ZTO to generate $1.56B in revenue.
