The stock of ZTO Express (Cayman) Inc ADR (NYSE:ZTO) last traded at $18.68, up 1.19% from the previous session.
ZTO stock price is now -3.59% away from the 50-day moving average and -12.31% away from the 200-day moving average. The market capitalization of the company currently stands at $11.17B.
With the price target reduced from $28 to $20, HSBC Securities Downgraded its rating from Buy to Hold for ZTO Express (Cayman) Inc ADR (NYSE: ZTO). , while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, ZTO ES HOLDING LIMITED, Other: Shareholder bought 200,000 shares of the company’s stock on Dec 02 ’24. The stock was bought for $3,800,000 at an average price of $19.00. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 29 ’24, Other: Shareholder ZTO ES HOLDING LIMITED bought 500,000 shares of the business’s stock. A total of $10,490,000 was incurred on buying the stock 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 13.08 price-to-earnings ratio, a 1.21 price-to-earnings-growth ratio, and a beta of -0.16. The fifty day moving average price for ZTO is $19.375 and a two-hundred day moving average price translates $21.30175 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.
