The stock of ZTO Express (Cayman) Inc ADR (NYSE:ZTO) last traded at $21.26, down -0.75% from the previous session.
Data from the available sources indicates that ZTO Express (Cayman) Inc ADR (NYSE:ZTO) is covered by 25 analysts. 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 $192.75, we find $231.89. Given the previous closing price of $21.42, this indicates a potential upside of 982.59 percent. ZTO stock price is now -9.54% away from the 50-day moving average and -17.32% away from the 200-day moving average. The market capitalization of the company currently stands at $12.77B.
In total, 1 analysts have assigned it a hold rating, and 21 have given it a buy rating. Brokers who have rated the stock have averaged $233.02 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.
With an opening price of $21.49 on Thursday morning, ZTO Express (Cayman) Inc ADR (NYSE: ZTO) set off the trading day. During the past 12 months, ZTO Express (Cayman) Inc ADR has had a low of $21.17 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 $17.60B, which is based on a 14.37 price-to-earnings ratio, a 0.86 price-to-earnings-growth ratio, and a beta of -0.02. The fifty day moving average price for ZTO is $23.50 and a two-hundred day moving average price translates $25.77 for the stock.
The latest earnings results from ZTO Express (Cayman) Inc ADR (NYSE: ZTO) was released for Sep, 2023. 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.
ZTO Express (Cayman) Inc ADR(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.
