ZTO Express (Cayman) Inc ADR (ZTO) stock price forecast predicts $28 value

ZTO Express (Cayman) Inc ADR [ZTO] stock prices are up 2.25% to $20.90 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ZTO shares have gain 5.56% over the last week, with a monthly amount glided 9.25%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

ZTO Express (Cayman) Inc ADR [NYSE: ZTO] stock has seen the most recent analyst activity on June 26, 2024, when Macquarie downgraded its rating to a Neutral. Previously, BofA Securities downgraded its rating to Neutral on November 07, 2023, and dropped its price target to $28. On April 25, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $42 on the stock. CLSA upgraded its rating to a Buy. JP Morgan upgraded its rating to a Overweight and raised its price target to $35 on August 19, 2022. Macquarie upgraded its rating to Outperform for this stock on November 18, 2021, but kept the price target unchanged to $40.20. In a note dated November 18, 2021, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $31 to $36.

The stock price of ZTO Express (Cayman) Inc ADR [ZTO] has been fluctuating between $15.90 and $25.90 over the past year. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. ZTO Express (Cayman) Inc ADR [NYSE: ZTO] shares were valued at $20.90 at the most recent close of the market. An investor can expect a potential return of 33.97% based on the average ZTO price forecast.

Analyzing the ZTO fundamentals

The ZTO Express (Cayman) Inc ADR [NYSE:ZTO] reported sales of 5.61B for trailing twelve months, representing a surge of 6.28%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.15 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.27.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.72 points at the first support level, and at 20.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.10, and for the 2nd resistance point, it is at 21.29.

Ratios To Look Out For

It’s worth pointing out that ZTO Express (Cayman) Inc ADR [NYSE:ZTO]’s Current Ratio is 1.26. In addition, the Quick Ratio stands at 1.22 and the Cash Ratio stands at 0.54. Considering the valuation of this stock, the price to sales ratio is 2.24, the price to book ratio is 2.03 and price to earnings (TTM) ratio is 14.76.

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