ZTO Express (Cayman) Inc. (NYSE:ZTO) traded at $30.12 at last check on Friday, Nov 20, making an upward move of 0.43% on its previous day’s price.
Looking at the stock we see that its previous close was $29.99 and the beta (5Y monthly) reads 0.36 with the day’s price range being $29.40 – 30.26. The company has a 12-month trailing PE ratio of 28.58. In terms of its 52-week price range, ZTO has a high of $38.99 and a low of $20.04. The company’s stock has gained about -2.74% over that past 30 days.
ZTO has a market cap of $52.7 Billion and is expected to release its quarterly earnings report on November 18, 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 $0.3, with the EPS growth for the year declined at $0.93 for 2020 and $1.16 for next year. These figures represent -0.03% and at 0.25% 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 $1.24 Billion, with a low of $1.19 Billion and a high of $1.28 Billion. The median projection represents growth adding up to 27.1% 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 $3.8 Billion, or +20.3% 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 100% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Based on estimates by 23 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the ZTO Express (Cayman) Inc. (ZTO) stock as a Hold, while 15 rate it as a Buy. 4 analysts rate it as outperform while none of them rated it as underperform, whereas 1 suggests the stock as a Sell. The stock has an overall rating of Overweight 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 +0.43% and +45.69% over the past 12 months for ZTO betters that of Expeditors Intl (EXPD), which has seen its stock price fall -1.43% in the latest trading session and is +19.11% over the last one year. Another of its peers C.H. Robinson Ww (CHRW) has dropped -1.26% today, and is +24.12% up over the past year, while Xpo Logistics Inc (XPO) is also up 0.43% yet its price remains in the green at 45.69% over the same period. Expeditors has a P/E ratio of 23.97 compared to ZTO’s 28.58 and C.H.’s 27.55. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to ZTO Express (Cayman) Inc. (NYSE:ZTO), we note that the average 3-month trading volume was 2.83 Million, while that of the preceding 10-day period stands at 3.21 Million. Current shares outstanding are 855.3 Million.
According to data from Thomson Reuters, insiders hold 0.46% of the company’s shares while institutions hold 27.65%. The data shows that short shares as of October 29, 2020, stood at 12.3 Million at a short ratio of 6.45. This represents a 1.44% Short interest in Shares outstanding on October 29, 2020. Shares short rose in October from the previous month at 11.89 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +30.4% up in year-to-date price movement.