rts logo

Check out this: ZTO Express (Cayman) Inc ADR (ZTO) could be on the verge of a big rally

ZTO Express (Cayman) Inc ADR (NYSE: ZTO) is -2.40% lower on its value in year-to-date trading and has touched a low of $16.34 and a high of $27.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZTO stock was last observed hovering at around $18.75 in the last trading session, with the day’s gains setting it 0.33%.

Currently trading at $19.08, the stock is 1.09% and -2.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing 1.76% at the moment leaves the stock -7.31% off its SMA200. ZTO registered -4.60% loss for a year compared to 6-month loss of -22.97%. The firm has a 50-day simple moving average (SMA 50) of $19.5784 and a 200-day simple moving average (SMA200) of $20.58415.

The stock witnessed a -4.84% gain in the last 1 month and extending the period to 3 months gives it a -0.73%, and is 0.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.45% over the week and 3.48% over the month.

ZTO Express (Cayman) Inc ADR (ZTO) has around 24471 employees, a market worth around $11.19B and $6.15B in sales. Current P/E ratio is 12.91 and Fwd P/E is 9.94. Profit margin for the company is 19.90%. Distance from 52-week low is 16.77% and -30.62% from its 52-week high. The company has generated returns on investments over the last 12 months (14.32%).

with sales reaching $12.09B over the same period.The EPS is expected to grow by 15.65% this year, but quarterly earnings will post 15.29% year-over-year. Quarterly sales are estimated to grow 21.39% in year-over-year returns.

ZTO Express (Cayman) Inc ADR (ZTO) Top Institutional Holders

312.0 institutions hold shares in ZTO Express (Cayman) Inc ADR (ZTO), with institutional investors hold 26.86% of the company’s shares. The shares outstanding are 598.37M, and float is at 581.59M with Short Float at 2.62%. Institutions hold 26.13% of the Float.

The top institutional shareholder in the company is INVESCO LTD. with over 19.04 million shares valued at $394.98 million. The investor’s holdings represent 2.3648% of the ZTO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 17.64 million shares valued at $366.09 million to account for 2.1315 of the shares outstanding. The other top investors are HARDING LOEVNER LP which holds 16.46 million shares representing 1.9888% and valued at over $341.55 million, while PLATINUM INVESTMENT MANAGEMENT LTD holds 1.8916 of the shares totaling 15.66 million with a market value of $324.88 million.

ZTO Express (Cayman) Inc ADR (ZTO) Insider Activity

#####

Still, SEC filings show that on Aug 29 ’24, ZTO ES HOLDING LIMITED (Other: Shareholder) Proposed Sale 500,000 shares at an average price of $20.98 for $10.49 million. The insider now directly holds shares of ZTO Express (Cayman) Inc ADR (ZTO).

Related Posts