Are Analysts Too Bullish On ZTO Express (Cayman) Inc ADR (ZTO)

ZTO Express (Cayman) Inc ADR (NYSE:ZTO) currently has a daily average trading volume of 2.83M but it saw 1788073 shares traded in last market. With a market cap of 14.81B USD, the company’s current market price of $24.77 came falling about -2.52 while comparing to the previous closing price of $25.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.50 and as low as $15.90. In the recent trading on the day, stock has struck highest price mark of $24.6 while lowest mark touched by it was $24.93.

Taking a look at 20-day trading activity of ZTO Express (Cayman) Inc ADR (ZTO) gives us an average price of $24.92, while its current price level is -9.93% below from 52-week high level whereas it is 55.84% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $22.60 while that of 200 days or SMA-200 reads an average of $20.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.88% during that period while stretching the period over a month that increases to 2.85%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.76 which implies that the stock is in neutral territory.

BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on November 07, 2023 while assigning a price target range of $34-$28. Goldman issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $37 and $42.

Over the week, ZTO’s stock price is moving -3.58% down while it is 12.08% when we observe its performance for the past one month. Year-to-date it is 16.40% up and over the past year, the stock is showing an upside performance of 3.17%.

Currently, ZTO Express (Cayman) Inc ADR’s total number of outstanding shares is 606.77M. Company’s return on investment (ROI) stands at 12.68% and return on equity (ROE) at 14.81%. It has a price to earnings ratio (P/E ratio) of 17.50 while having a 12.25 of forward P/E ratio. Stock’s beta reads -0.09. Stock has a price to book (P/B) ratio of 2.40 while price to sale or P/S ratio amounts to 2.64. Its return on asset (ROA) is 9.95% on average.