ZTO Express (Cayman) Inc ADR (NYSE: ZTO) Seen Running Too Hot, Let’s Look At This More Closely

Currently, there are 598.62M common shares owned by the public and among those 595.25M shares have been available to trade.

The company’s stock has a 5-day price change of 4.50% and 3.57% over the past three months. ZTO shares are trading 3.57% year to date (YTD), with the 12-month market performance down to -21.47% lower. It has a 12-month low price of $15.90 and touched a high of $30.05 over the same period. ZTO has an average intraday trading volume of 4.22 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.54%, 15.25%, and -2.78% respectively.

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Institutional ownership of ZTO Express (Cayman) Inc ADR (NYSE: ZTO) shares accounts for 42.80% of the company’s 598.62M shares outstanding.

It has a market capitalization of $13.19B and a beta (3y monthly) value of -0.05. The stock’s trailing 12-month PE ratio is 14.81, while the earnings-per-share (ttm) stands at $1.49. The company has a PEG of 0.83 and a Quick Ratio of 1.13 with the debt-to-equity ratio at 0.26. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.72% over the week and 3.26% over the month.

Earnings per share for the fiscal year are expected to increase by 15.38%, and 16.50% over the next financial year. EPS should grow at an annualized rate of 17.80% over the next five years, compared to 13.36% over the past 5-year period.

Looking at the support for the ZTO, a number of firms have released research notes about the stock. BofA Securities stated their Neutral rating for the stock in a research note on November 07, 2023, with the firm’s price target at $34-$28. Goldman coverage for the ZTO Express (Cayman) Inc ADR (ZTO) stock in a research note released on April 25, 2023 offered a Buy rating with a price target of $42. CLSA was of a view on March 16, 2023 that the stock is Buy, while JP Morgan gave the stock Overweight rating on August 19, 2022, issuing a price target of $27- $35. Macquarie on their part issued Outperform rating on November 18, 2021.

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