What Technical Indicators Show About ZTO Express (Cayman) Inc. (ZTO)?


ZTO Express (Cayman) Inc. (NYSE:ZTO) traded with an addition of $0.06 to close at $26.94 on Friday, an upside of 0.24 percent. An average of 801,625 shares of common stock have been traded in the last five days. There was a gain of $0.23 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 2,371,351 shares traded, while the 50-day average volume stands at 3,244,745.

ZTO stock has increased by 11.77% in the last month. The company shares reached their 1-month lowest point of $24.38 on 12/02/22. With the stock rallying to its 52-week high on 01/12/22, shares of the company touched a low of $16.27 and a high of $31.96 in 52 weeks. It has reached a new high 6 times so far this year and lost -3.80% or -$1.32 in price. In spite of this, the price is down -15.70% from the 52-week high.

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Valuation Metrics

ZTO Express (Cayman) Inc. (ZTO) has a trailing price-to-earnings (P/E) ratio of 23.81. The stock’s beta is -0.03. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.80, the price-to-book (PB) ratio at 2.93, and the price-to-cash flow ratio at 15.54.

Financial Health

The quick ratio of ZTO Express (Cayman) Inc. for the three months ended December 30 was 1.60, and the current ratio was 1.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.13 and a total debt to equity ratio of 0.27 for the quarter ending December 30. ZTO Express (Cayman) Inc.’s EBITDA margin for the year ending December 30 is 22.44%, while its operating margin for the same period stands at 21.20%. Its gross profit as reported stood at $1.03 billion compared to revenue of $4.77 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, ZTO Express (Cayman) Inc.’s return on assets was 9.30%.

Earnings Surprise

For the three-month period that ended December 30, ZTO Express (Cayman) Inc. had $446.49 million in cash. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $746.14 million in the quarter, while revenues were grew 11.43%. The analyst consensus anticipated ZTO Express (Cayman) Inc.’s latest quarter earnings to come in at $0.32 per share, but it turned out to be $0.33, a 3.10% surprise. For the quarter, EBITDA amounted to $305.73 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at ZTO Express (Cayman) Inc. (ZTO) price momentum. RSI 9-day as of the close on 29 December was 63.96%, suggesting the stock is Neutral, with historical volatility in this time frame at 18.09%.

As of today, ZTO’s price is $26.68 +0.86% or $0.23 from its 5-day moving average. ZTO is currently trading +8.21% higher than its 20-day SMA and +4.34% higher than its 100-day SMA. However, the stock’s current price level is +21.01% above the SMA50 and +2.71% above the SMA200.

The stochastic %K and %D were 64.81% and 64.90%, respectively, and the average true range (ATR) was 0.74. With the 14-day stochastic at 70.88% and the average true range at 0.80, the RSI (14) stands at 64.76%. The stock has reached -0.03 on the 9-day MACD Oscillator while the 14-day reading was at 0.05.

Analyst Ratings

JP Morgan upgraded ZTO Express (Cayman) Inc. (NYSE: ZTO) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for ZTO Express (Cayman) Inc. (ZTO) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ZTO, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 21 others rate it as a “buy”.

What is ZTO’s price target for the next 12 months?

Analysts predict a range of price targets between $171.28 and $301.89, with a median target of $234.69. Taking a look at these predictions, the average price target given by analysts for ZTO Express (Cayman) Inc. (ZTO) stock is $235.71.


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