Why Today Is the Best Time to Buy ZTO Express (Cayman) Inc. [ZTO] Stock at $28.23

In a recent bid ZTO Express (Cayman) Inc. [ZTO] faced a contemporary bid of $28.23 yielding a -0.04% decline where 2.9 million shares have exchanged hands over the last week. ZTO amount got a boost by 0.04% or $0.01 versus $28.22 at the end of the prior session. This change led market cap to move at 54.87B, putting the price 37.67% below the 52-week high and -27.60% above the 52-week low. The company’s stock has a normal trading capacity of 2.9 million shares while the relative volume is 1.05.

On 18, November 2020, Expanded Market Share to 20.8%, Grew Volume 51.2% to 4.6 Billion Parcels. According to news published on Yahoo Finance, Achieved RMB1.2 Billion Adjusted Net Income Amidst Fierce CompetitionZTO Reports Third Quarter 2020 Unaudited Financial Results.

Analyst Birdseye View:

The most recent analyst activity for ZTO Express (Cayman) Inc. [NYSE:ZTO] stock was on November 19, 2020, when it was Downgrade with an Outperform rating from Daiwa Securities. Before that, on November 20, 2020, HSBC Securities Recapitulated a Reduce rating and elevated its amount target to $26. On September 18, 2020, JP Morgan Resumed an Overweight rating and boosted its price target on this stock to $40. On May 22, 2020, HSBC Securities Upgrade a Hold rating. On May 22, 2020, JP Morgan Downgrade a Neutral rating and increased its price target to $32. On May 21, 2020, BofA/Merrill Downgrade a Neutral rating. On April 23, 2019, UBS Upgrade a Buy rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $20.51 and a peak of $38.99. Right now, according to Wall Street analyst the average 12-month amount target is $237.11. At the most recent market close, shares of ZTO Express (Cayman) Inc. [NYSE:ZTO] were valued at $28.23. According to the average price forecast, investors can expect a potential return of 85.5%.

FUNDAMENTAL ANALYSIS

ZTO Express (Cayman) Inc. [NYSE:ZTO] most recently reported quarterly sales of 7.44 billion, which represented growth of 26.10%. This publicly-traded organization’s revenue is $1,318,893 per employee, while its income is $338,472 per employee. This company’s Gross Margin is currently 25.10%, its Operating Margin is 20.70%, its Pretax Margin is +30.56, and its Net Margin is +25.66. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 13.32, 15.72, 13.88 and 15.61 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 2.05 and the whole liability to whole assets at 1.75. It shows enduring liability to the whole principal at 1.29 and enduring liability to assets at 0.01 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 27.92 points at 1st support level, the second support level is making up to 27.61. But as of 1st resistance point, this stock is sitting at 28.57 and at 28.91 for 2nd resistance point.

ZTO Express (Cayman) Inc. [ZTO] reported its earnings at $0.23 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.23/share signifying the difference of 0 and 0.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.27 calling estimates for $0.28/share with the difference of -0.01 depicting the surprise of -3.60%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for ZTO Express (Cayman) Inc. [NYSE:ZTO] is 2.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 2.45. Now if looking for a valuation of this stock’s showing 27.04 of P/E (TTM) ratio.