ZTO Express (Cayman) Inc. (NYSE:ZTO) finished Wednesday with a subtraction of -$0.28 to close at $26.32, a downside of -1.05 percent. An average of 1,605,960 shares of common stock have been traded in the last five days. There was a fall of -$0.30 in the past week, and it reached a new high 14 times over the past 12 months. The last 20 days have seen an average of 1,801,815 shares traded, while the 50-day average volume stands at 2,440,216.
ZTO stock has increased by 0.27% in the last month. The company shares reached their 1-month lowest point of $24.69 on 07/10/23. With the stock rallying to its 52-week high on 05/18/23, shares of the company touched a low of $16.06 and a high of $30.05 in 52 weeks. It has reached a new high 10 times so far this year and lost -0.77% or -$0.55 in price. In spite of this, the price is down -12.41% 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 20.63. The stock’s beta is 0.05. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.18, the price-to-book (PB) ratio at 2.85, and the price-to-cash flow ratio at 11.62.
Financial Health
The quick ratio of ZTO Express (Cayman) Inc. for the recent quarter was 1.30, and the current ratio was 1.30, 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 0.25 for the recent quarter. ZTO Express (Cayman) Inc.’s EBITDA margin is 27.23%, while its operating margin for the same period stands at 23.60%. Its gross profit as reported stood at $1.31 billion compared to revenue of $5.13 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 9.90%.
Earnings Surprise
For the recent quarter, ZTO Express (Cayman) Inc. had $834.18 million in cash. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $987.22 million in the quarter, while revenues were grew 24.42%.
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 09 August was 43.06%, suggesting the stock is Neutral, with historical volatility in this time frame at 34.98%.
As of today, ZTO’s price is $26.70 -1.13% or -$0.30 from its 5-day moving average. ZTO is currently trading -1.42% lower than its 20-day SMA and -6.00% lower than its 100-day SMA. However, the stock’s current price level is -2.66% below the SMA50 and +21.35% above the SMA200.
The stochastic %K and %D were 30.67% and 37.82%, respectively, and the average true range (ATR) was 0.75. With the 14-day stochastic at 19.25% and the average true range at 0.74, the RSI (14) stands at 46.43%. The stock has reached -0.42 on the 9-day MACD Oscillator while the 14-day reading was at -0.30.
Analyst Ratings
Goldman upgraded ZTO Express (Cayman) Inc. (NYSE: ZTO) to a a Buy 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 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 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 $229.48 and $308.87, with a median target of $265.88. Taking a look at these predictions, the average price target given by analysts for ZTO Express (Cayman) Inc. (ZTO) stock is $266.46.
