Macquarie slashes price target on ZTO Express [Cayman] Inc ADR [ZTO] – find out why.

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ZTO Express (Cayman) Inc ADR [NYSE: ZTO] jumped around 0.19 points on Wednesday, while shares priced at $20.76 at the close of the session, up 0.92%.

Compared to the average trading volume of 3.80M shares, ZTO reached a trading volume of 2269591 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about ZTO Express [Cayman] Inc ADR [ZTO]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZTO shares is $29.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZTO stock is a recommendation set at 1.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Macquarie have made an estimate for ZTO Express (Cayman) Inc ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 26, 2024. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $34 to $28. The new note on the price target was released on November 07, 2023, representing the official price target for ZTO Express (Cayman) Inc ADR stock. Previously, the target price had yet another raise from $37 to $42, while Goldman kept a Buy rating on ZTO stock.

The Average True Range (ATR) for ZTO Express (Cayman) Inc ADR is set at 0.60, with the Price to Sales ratio for ZTO stock in the period of the last 12 months amounting to 2.26. The Price to Book ratio for the last quarter was 2.09, with the Price to Cash per share for the same quarter was set at 4.58.

How has ZTO stock performed recently?

ZTO Express (Cayman) Inc ADR [ZTO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.61. With this latest performance, ZTO shares dropped by -10.29% in over the last four-week period, additionally plugging by 0.29% over the last 6 months – not to mention a drop of -17.46% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZTO stock in for the last two-week period is set at 36.30, with the RSI for the last a single of trading hit 31.72, and the three-weeks RSI is set at 40.65 for ZTO Express (Cayman) Inc ADR [ZTO]. The present Moving Average for the last 50 days of trading for this stock 22.25, while it was recorded at 20.73 for the last single week of trading, and 21.40 for the last 200 days.

ZTO Express [Cayman] Inc ADR [ZTO]: Deeper insight into the fundamentals

ZTO Express (Cayman) Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.11 and a Current Ratio set at 1.15.

Earnings analysis for ZTO Express (Cayman) Inc ADR [ZTO]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ZTO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ZTO Express (Cayman) Inc ADR go to 15.01%.

Insider trade positions for ZTO Express [Cayman] Inc ADR [ZTO]

The top three institutional holders of ZTO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in ZTO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in ZTO stock with ownership which is approximately 5.1238%.

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