In Thursday’s Wall Street session, ZTO Express (Cayman) Inc ADR (NYSE:ZTO) shares traded at $20.14, down -7.44% from the previous session.
ZTO stock price is now 3.36% away from the 50-day moving average and -3.78% away from the 200-day moving average. The market capitalization of the company currently stands at $11.93B.
With the price target reduced from $25 to $23, JP Morgan Downgraded its rating from Overweight to Neutral for ZTO Express (Cayman) Inc ADR (NYSE: ZTO). On January 21, 2025, HSBC Securities Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $28 to quote $20, while ‘Macquarie’ 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 $17.89 and a high of $27.50. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 1.07, and a quick ratio of 1.04. According to the stock market information, the enterprise value for the company is $11727942656, which is based on a 13.60 price-to-earnings ratio, a 0.96 price-to-earnings-growth ratio, and a beta of -0.06. The fifty day moving average price for ZTO is $19.4846 and a two-hundred day moving average price translates $20.9312 for the stock.
The latest earnings results from ZTO Express (Cayman) Inc ADR (NYSE: ZTO) was released for 2024-12-31. The net profit margin was 19.90% 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. For the current quarter, analysts expect ZTO to generate $12.09B in revenue.
