ZTO Express (Cayman) Inc. (NYSE: ZTO) stock fell -1.77% on Thursday to $27.25 against a previous-day closing price of $27.74. With 2.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.09 million shares. During the session, the Integrated Freight & Logistics company that operates in wider Industrials sector, reached to the highest price of $27.64 whereas the lowest price it dropped to was $27.13. The 52-week range on ZTO shows that it touched its highest point at $30.05 and its lowest point at $16.06 during that stretch. It currently has a 1-year price target of $37.23. Beta for the stock currently stands at 0.01.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ZTO was down-trending over the past week, with a drop of -6.16%, but this was down by -0.76% over a month. Three-month performance surged to 12.90% while six-month performance rose 23.85%. The stock gained 11.40% in the past year, while it has gained 2.74% so far this year. A look at the trailing 12-month EPS for ZTO yields 1.30 with Next year EPS estimates of 1.85. For the next quarter, that number is 0.31. This implies an EPS growth rate of 43.10% for this year and 20.90% for next year. EPS is expected to grow by 22.30% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.50%.
Float and Shares Shorts:
At present, 808.87 million ZTO shares are outstanding with a float of 391.01 million shares on hand for trading. On May 14, 2023, short shares totaled 17.54 million, which was 2.15% higher than short shares on Apr 13, 2023. In addition to Mr. Meisong Lai as the firm’s Founder, Chairman & CEO, Ms. Huiping Yan serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 44.14% of ZTO’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 24.74% of ZTO, in contrast to 17.90% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in ZTO with 6.71% of the stake, Invesco Advisers, Inc. holds 41,676,455 shares worth 41,676,455. A second-largest stockholder of ZTO, Platinum Investment Management Lt, holds 16,089,144 shares, controlling over 2.59% of the firm’s shares. Wellington Management Co. LLP is the third largest shareholder in ZTO, holding 14,779,028 shares or 2.38% stake. With a 5.93% stake in ZTO, the Invesco Developing Markets Fund is the largest stakeholder. A total of 36,797,774 shares are owned by the mutual fund manager. The Government Pension Fund – Global, which owns about 1.20% of ZTO stock, is the second-largest Mutual Fund holder. It holds 7,430,611 shares valued at 205.68 million. John Hancock III – International holds 0.90% of the stake in ZTO, owning 5,555,756 shares worth 153.78 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, ZTO reported revenue of $8.66B and operating income of $1.99B. The EBITDA in the recently reported quarter was $2.10B and diluted EPS was $1.12.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZTO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With ZTO analysts setting a high price target of $308.87 and a low target of $209.81, the average target price over the next 12 months is $261.72. Based on these targets, ZTO could surge 1033.47% to reach the target high and rise by 669.94% to reach the target low. Reaching the average price target will result in a growth of 860.44% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
