ZTO Express (Cayman) Inc ADR (ZTO) concluded trading on 12/21/23 at a closing price of $20.01, with 3.18 million shares of worth about $63.71 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.82% during that period and on Thursday the price saw a gain of about 0.45%. Currently the company’s common shares owned by public are about 609.17M shares, out of which, 598.58M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 24 analysts are covering the ZTO stock and their offered price forecasts bring an average price target of $250.78. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $309.00 and could fall to a lowest price of $203.05. The stock’s current price level is 38.15% above of average price target set by the analysts, while a rise to estimated low would result in gain of 90.15% for the stock. However, touching the estimated high of $309.00 would mean a gain of 93.52% for the stock.
ZTO Express (Cayman) Inc ADR (NYSE: ZTO) started trading at $20.16, above $0.24 from concluding price of the previous day. However, the stock later moved at a day high price of 20.23, or with a gain of 0.45%. Stock saw a price change of -1.48% in past 5 days and over the past one month there was a price change of -9.38%. Year-to-date (YTD), ZTO shares are showing a performance of -24.56% which decreased to -24.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.70 but also hit the highest price of $30.05 during that period. The average intraday trading volume for ZTO Express (Cayman) Inc ADR shares is 2.69 million. The stock is currently trading -6.07% below its 20-day simple moving average (SMA20), while that difference is down -12.12% for SMA50 and it goes to -21.60% lower than SMA200.
ZTO Express (Cayman) Inc ADR (NYSE: ZTO) currently have 609.17M outstanding shares and institutions hold larger chunk of about 44.95% of that.
The stock has a current market capitalization of $11.98B and its 3Y-monthly beta is at -0.04. PE ratio of stock for trailing 12 months is 13.52, while it has posted earnings per share of $1.48 in the same period. Its PEG reads 0.81 and has Quick Ratio of 1.13 while making debt-to-equity ratio of 0.30. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ZTO, volatility over the week remained 2.67% while standing at 2.10% over the month.
Analysts are in expectations that ZTO Express (Cayman) Inc ADR (ZTO) stock would likely to be making an EPS of $ZTO Express (Cayman) Inc. in the current quarter, while forecast for next quarter EPS is $20.01 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Atmos Energy Corporation which is $Zuora, Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $CTO Realty Growth, Inc. in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 31.99% while it is estimated to increase by 16.79% in next year. EPS is likely to shrink at an annualized rate of 16.70% for next 5-years, compared to annual growth of 17.08% made by the stock over the past 5-years.
Analysts at 24 brokerage firms have issued recommendations for the ZTO Express (Cayman) Inc ADR (ZTO)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.25. Out of those 24 Wall Street analysts, 21 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on November 07, 2023 offering a Neutral rating for the stock and assigned a target price range of between $34 and $28 to it.
