ZTO Express (Cayman) Inc ADR (NYSE: ZTO)’s stock price has soared by 1.45 in relation to previous closing price of 19.26. Nevertheless, the company has seen a loss of -5.79% in its stock price over the last five trading days. InvestorPlace reported 2024-04-04 that It’s a risky idea but targeting the best transportation stocks to buy in April could be a lucrative approach. That’s because companies tied to the underlying industry is where the economic rubber meets the road.
Is It Worth Investing in ZTO Express (Cayman) Inc ADR (NYSE: ZTO) Right Now?
The price-to-earnings ratio for ZTO Express (Cayman) Inc ADR (NYSE: ZTO) is above average at 13.13x. The 36-month beta value for ZTO is also noteworthy at -0.03. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 rating it as “hold,” and 1 rating it as “sell.”
The public float for ZTO is 595.01M, and at present, short sellers hold a 3.13% of that float. The average trading volume of ZTO on April 16, 2024 was 4.41M shares.
ZTO’s Market Performance
ZTO’s stock has seen a -5.79% decrease for the week, with a -9.45% drop in the past month and a 2.41% gain in the past quarter. The volatility ratio for the week is 2.32%, and the volatility levels for the past 30 days are at 2.77% for ZTO Express (Cayman) Inc ADR The simple moving average for the last 20 days is -7.64% for ZTO’s stock, with a simple moving average of -12.85% for the last 200 days.
Analysts’ Opinion of ZTO
Many brokerage firms have already submitted their reports for ZTO stocks, with BofA Securities repeating the rating for ZTO by listing it as a “Neutral.” The predicted price for ZTO in the upcoming period, according to BofA Securities is $28 based on the research report published on November 07, 2023 of the previous year 2023.
Goldman, on the other hand, stated in their research note that they expect to see ZTO reach a price target of $42, previously predicting the price at $37. The rating they have provided for ZTO stocks is “Buy” according to the report published on April 25th, 2023.
ZTO Trading at -1.31% from the 50-Day Moving Average
After a stumble in the market that brought ZTO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.98% of loss for the given period.
Volatility was left at 2.77%, however, over the last 30 days, the volatility rate increased by 2.32%, as shares sank -10.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.14% upper at present.
During the last 5 trading sessions, ZTO fell by -5.79%, which changed the moving average for the period of 200-days by -23.07% in comparison to the 20-day moving average, which settled at $21.04. In addition, ZTO Express (Cayman) Inc ADR saw -8.18% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ZTO
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.3 for the gross margin
The net margin for ZTO Express (Cayman) Inc ADR stands at 0.23. The total capital return value is set at 0.15. Equity return is now at value 15.22, with 10.37 for asset returns.
Based on ZTO Express (Cayman) Inc ADR (ZTO), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.76. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 31.96.
Currently, EBITDA for the company is 8.24 billion with net debt to EBITDA at 0.79. When we switch over and look at the enterprise to sales, we see a ratio of 3.32. The receivables turnover for the company is 15.67for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
In summary, ZTO Express (Cayman) Inc ADR (ZTO) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
