The price of ZTO Express (Cayman) Inc ADR (NYSE:ZTO) shares last traded on Wall Street fell -2.95% to $20.40.
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 $186.18, we find $233.20. Given the previous closing price of $21.02, this indicates a potential upside of 1009.42 percent. ZTO stock price is now -12.31% away from the 50-day moving average and -20.47% away from the 200-day moving average. The market capitalization of the company currently stands at $12.21B.
Among analysts, 1 rate the stock a hold while 21 rate it a buy. Brokers who have rated the stock have averaged $233.20 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 $20.87 on Wednesday morning. During the past 12 months, ZTO Express (Cayman) Inc ADR has had a low of $20.81 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 $17.16B, which is based on a 13.79 price-to-earnings ratio, a 0.83 price-to-earnings-growth ratio, and a beta of -0.03. The fifty day moving average price for ZTO is $23.26 and a two-hundred day moving average price translates $25.70 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 $1.54B in revenue.
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.
