In today’s recent session, 2.32 million shares of the ZTO Express (Cayman) Inc ADR (NYSE:ZTO) have been traded, and its beta is -0.09. Most recently the company’s share price was $19.88, and it changed around -$1.16 or -5.51% from the last close, which brings the market valuation of the company to $11.89B. ZTO at last check was trading at a discount to its 52-week high of $27.50, offering almost -38.33% off that amount. The share price’s 52-week low was $15.90, which indicates that the recent value has risen by an impressive 20.02% since then. We note from ZTO Express (Cayman) Inc ADR’s average daily trading volume that its 10-day average is 2.89 million shares, with the 3-month average coming to 2.80 million.
ZTO Express (Cayman) Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.30. If we narrow it down even further, the data shows that 1 out of 24 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 2 recommended ZTO as a Hold, whereas 15 deemed it a Buy, and 1 rated it as Underweight. ZTO Express (Cayman) Inc ADR is expected to report earnings per share of 3.29 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
ZTO Express (Cayman) Inc ADR (NYSE:ZTO) trade information
Instantly ZTO has been showing red trend so far today with a performance of -5.51% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 21.42 on recent trading dayincreased the stock’s daily price by 7.19%. The company’s shares are currently down -6.58% year-to-date, but still down -4.42% over the last five days. On the other hand, ZTO Express (Cayman) Inc ADR (NYSE:ZTO) is -21.02% down in the 30-day period. We can see from the shorts that 20.63 million shares have been sold at a short interest cover period of 7.27 day(s).
The consensus price target as assigned by Wall Street analysts is $28.85, which translates to bulls needing to increase their stock price by 31.09% from its current value. Analyst projections state that ZTO is forecast to be at a low of $21.2 and a high of $32.8.
ZTO Express (Cayman) Inc ADR (ZTO) estimates and forecasts
ZTO Express (Cayman) Inc ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -19.71 percent over the past six months and at a 11.04% annual growth rate that is well above the industry average of 3.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 23.37% in revenue this quarter, and will report an increase of 9.27% in the next quarter. The year-over-year growth rate is expected to be 12.41%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 11.9B in revenue for the current quarter. 2 analysts expect ZTO Express (Cayman) Inc ADR to make 10.55B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 10.62B and 9.96B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 12.08%. Forecasts for the next quarter put sales growth at 5.91%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 13.37%. ZTO Express (Cayman) Inc ADR earnings are expected to increase by 13.45% in 2024, but the outlook is positive 13.00% per year for the next five years.
ZTO Dividends
ZTO Express (Cayman) Inc ADR’s next quarterly earnings report is expected to be released in December. The annual dividend yield of the stock is 4.88 percent and its annual dividend per share was 0.97. It is important to note, however, that the 4.88% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
ZTO Express (Cayman) Inc ADR (NYSE:ZTO)’s Major holders
BLACKROCK INC., with 2.1918% or 17.64 million shares worth $366.09 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Invesco Developing Markets Fund and Harding, Loevner Funds, Inc-International Equity Portfolio were the top two Mutual Funds as of Jul 31, 2024. The former held 16.95 shares worth $337.63 million, making up 2.81% of all outstanding shares. On the other hand, Harding, Loevner Funds, Inc-International Equity Portfolio held roughly 7.47 shares worth around $148.74 million, which represents about 1.24% of the total shares outstanding.
