Stocks of ZTO Express (Cayman) Inc ADR (NYSE:ZTO) traded higher last session on Wall Street, up 4.39% to $22.61.
ZTO stock price is now 20.88% away from the 50-day moving average and -1.25% away from the 200-day moving average. The market capitalization of the company currently stands at $13.53B.
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). On April 25, 2023, Goldman Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $37 to quote $42, while ‘CLSA’ rates the stock as ‘Buy’
A total of 0.56% of the company’s stock is owned by insiders.
During the past 12 months, ZTO Express (Cayman) Inc ADR has had a low of $15.90 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 1.34, and a quick ratio of 1.30. According to the stock market information, the enterprise value for the company is $18.81B, which is based on a 15.20 price-to-earnings ratio, a 0.92 price-to-earnings-growth ratio, and a beta of -0.04. The fifty day moving average price for ZTO is $18.76 and a two-hundred day moving average price translates $22.88 for the stock.
The latest earnings results from ZTO Express (Cayman) Inc ADR (NYSE: ZTO) was released for Dec, 2023. According to the Integrated Freight & Logistics Company, earnings per share came in at $0.37, inline with analysts’ expectations of $0.37. This compares to $0.32 EPS in the same period last year. The net profit margin was 22.62% and return on equity was 15.21% 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 $1.31B 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.
