As of Wednesday close, ZTO Express (Cayman) Inc.’s (NYSE:ZTO) stock was down -$0.51, moving down -2.04 percent to $24.49. The average number of shares traded per day over the past five days has been 3,272,060 shares. 2 times new highs have been achieved over the past 5 days, with a $0.19 gain in that time frame. In the last twenty days, the average volume was 2,571,665, while in the previous 50 days, it was 2,408,334.
Since last month, ZTO stock retreated -9.03%. Shares of the company fell to $23.11 on 08/21/23, the lowest level in the past month. A 52-week high of $30.05 was reached on 05/18/23 after having rallying from a 52-week low of $16.06. Since the beginning of this year, ZTO’s stock price has dropped by -7.67% or -$2.38, and marked a new high 10 times. However, the stock has declined by -18.50% since its 52-week high.
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Valuation Metrics
Right now, ZTO Express (Cayman) Inc. (ZTO) has a P/E ratio of about 19.50. The stock’s beta is 0.06. Besides these, the trailing price-to-sales (P/S) ratio of 4.00, the price-to-book (PB) ratio of 2.69, and the price-to-cash flow ratio of 11.13 may also be considered.
The latest dividend of $0.37 per share was paid out, which is 48.0% more than last year’s $0.25.
Financial Health
In the three months ended March 30, ZTO Express (Cayman) Inc.’s quick ratio stood at 1.30, while its current ratio was 1.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.13, and the total debt-to-equity ratio was 0.25. On the profitability front, the trailing twelve-month gross margin is 27.30% percent. In the year ended March 30, EBITDA margin amounted to 26.88%, whereas operating margins totaled 23.60%. Based on annual data, ZTO earned $1.31 billion in gross profit and brought in $5.13 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.30%. Return on equity (ROE) for the past 12 months was 14.40%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. ZTO’s revenue rose 6.98% during the quarter, while net income inched up to $5.13 billion. While analysts expected ZTO Express (Cayman) Inc. to report $0.31 quarterly earnings, the actual figure was $0.32 per share, beating the consensus estimate by 3.20%. During the quarter, the company generated $284.01 million in EBITDA. The liabilities of ZTO Express (Cayman) Inc. were 3.89 billion at the end of its most recent quarter ended March 30, and its total debt was $14.09 billion.
Technical Picture
This quick technical analysis looks at ZTO Express (Cayman) Inc.’s (ZTO) price momentum. With a historical volatility rate of 31.36%, the RSI 9-day stood at 41.39% on 30 August.
With respect to its five-day moving average, the current ZTO Express (Cayman) Inc. price is up by +0.78% percent or $0.19. At present, ZTO shares trade -8.00% below its 20-day simple moving average and -14.58% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.15% below its SMA50 and +25.85% above its SMA200.
Stochastic coefficient K was 44.07% and Stochastic coefficient D was 39.01%, while ATR was 0.81. Given the Stochastic reading of 47.92% for the 14-day period, the RSI (14) reading has been calculated as 40.77%. As of today, the MACD Oscillator reading stands at 0.38, while the 14-day reading stands at -0.06.
Analyst Ratings
Goldman upgraded its rating on ZTO Express (Cayman) Inc. (NYSE: ZTO) to a Buy in a note to investors on April 25, 2023. The analysts firm previously had a Neutral rating on the stock.ZTO Express (Cayman) Inc. (ZTO) has been rated Buy by analysts. According to 0 brokerage firms, ZTO is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate ZTO Express (Cayman) Inc. stock as buy, with 16 recommending it as overweight.
With a median target price of $247.93, the current consensus forecast for the stock is $219.38 – $297.18. Based on these forecasts, analysts predict ZTO Express (Cayman) Inc. (ZTO) will achieve an average price target of $254.04.
