The price of ZTO Express (Cayman) Inc ADR (NYSE:ZTO) shares last traded on Wall Street fell -0.90% to $19.82.
ZTO stock price is now -15.74% away from the 50-day moving average and -7.88% away from the 200-day moving average. The market capitalization of the company currently stands at $11.85B.
On November 07, 2023, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $34 to quote $28, while ‘Goldman’ rates the stock as ‘Buy’
In other news, ZTO ES HOLDING LIMITED, Other: Shareholder bought 500,000 shares of the company’s stock on Aug 29 ’24. The stock was bought for $10,490,000 at an average price of $20.98. A total of 0.86% 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 $27.50. As of last week, the company has a debt-to-equity ratio of 0.30, a current ratio of 0.96, and a quick ratio of 0.94. According to the stock market information, the enterprise value for the company is $15169069056, which is based on a 13.87 price-to-earnings ratio, a 1.07 price-to-earnings-growth ratio, and a beta of -0.10. The fifty day moving average price for ZTO is $23.567 and a two-hundred day moving average price translates $21.50515 for the stock.
The latest earnings results from ZTO Express (Cayman) Inc ADR (NYSE: ZTO) was released for 2024-06-30. The net profit margin was 20.51% and return on equity was 14.45% for ZTO. The company reported revenue of $1.52 billion for the quarter, compared to $1.24 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.29 percent.
