ZTO Express (Cayman) Inc. (NYSE:ZTO) traded at $31.1 at last check on Wednesday, Sep 16, making a downturn move of -0.86% on its previous day’s price.
Looking at the stock we see that its previous close was $31.37 and the beta (5Y monthly) reads 0.31 with the day’s price range being $30.56 – 31.68. The company has a 12-month trailing PE ratio of 30.75. In terms of its 52-week price range, ZTO has a high of $38.99 and a low of $19.63. The company’s stock has gained about -6.83% over that past 30 days.
ZTO has a market cap of $24.32 Billion and is expected to release its quarterly earnings report on Nov 16, 2020- Nov 20, 2020. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the ZTO stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.22, with the EPS growth for the year declined at $0.94 for 2020 and $1.21 for next year. These figures represent -0.02% and at 0.29% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $916.95 Million, with a low of $900.56 Million and a high of $936.41 Million. The median projection represents growth adding up to 21.9% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $3.65 Billion, or +15.5% up from figures reported last year.
On the other hand, looking at the outlook for the ZTO stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of Hold.
Based on estimates by 19 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the ZTO Express (Cayman) Inc. (ZTO) stock as a Hold, while 14 rate it as a Buy. 3 analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Let’s briefly compare ZTO (ZTO) stock to its peers. We find that today’s price change of -0.86% and +51.59% over the past 12 months for ZTO betters that of Expeditors Intl (EXPD), which has seen its stock price fall -1.2% in the latest trading session and is +23.76% over the last one year. Another of its peers C.H. Robinson Ww (CHRW) has climbed 0.04% today, and is +22.01% up over the past year, while Xpo Logistics Inc (XPO) is also down -0.86% yet its price remains in the green at 51.59% over the same period. Expeditors has a P/E ratio of 26.54 compared to ZTO’s 30.75 and C.H.’s 30.31. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.56% and 0.78%, respectively, in early deals.
Coming back to ZTO Express (Cayman) Inc. (NYSE:ZTO), we note that the average 3-month trading volume was 2.85 Million, while that of the preceding 10-day period stands at 3.56 Million. Current shares outstanding are 783.89 Million.
According to data from Thomson Reuters, insiders hold 0.58% of the company’s shares while institutions hold 36.99%. The data shows that short shares as of August 30, 2020, stood at 12.31 Million at a short ratio of 4.7. This represents a 1.59% Short interest in Shares outstanding on August 30, 2020. Shares short dropped in August from the previous month at 12.52 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +35.81% up in year-to-date price movement.