Stocks of ZTO Express (Cayman) Inc ADR (NYSE:ZTO) traded higher last session on Wall Street, down -3.00% to $21.02.
ZTO stock price is now 11.76% away from the 50-day moving average and -8.02% away from the 200-day moving average. The market capitalization of the company currently stands at $12.58B.
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 1.13. According to the stock market information, the enterprise value for the company is $16.99B, which is based on a 14.13 price-to-earnings ratio, a 0.79 price-to-earnings-growth ratio, and a beta of -0.03. The fifty day moving average price for ZTO is $18.85 and a two-hundred day moving average price translates $22.82 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, beating analysts’ expectations of $0.36 by 0.01. This compares to $0.32 EPS in the same period last year. The net profit margin was 22.62% and return on equity was 15.22% 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 $1.29B in revenue.
