ZTO Express (Cayman) Inc ADR (NYSE: ZTO) Stock Price Forecast: $100

ZTO Express (Cayman) Inc ADR (NYSE:ZTO) shares, rose in value on Thursday, April 25, with the stock price down by -0.07% to the previous day’s close as strong demand from buyers drove the stock to $21.06.

Actively observing the price movement in the recent trading, the stock is buoying the session at $21.07. The PE ratio was 14.20 over 12-month period. Referring to stock’s 52-week performance, its high was $30.05, and the low was $15.90. On the whole, ZTO has fluctuated by 0.12% over the past month.

The company’s Forward Dividend Ratio is 0.62, with its dividend yield at 2.94%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.91B, with a low estimate of 1.26B and a high estimate of 1.32B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.29B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ZTO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.

The stock’s technical analysis shows that the PEG ratio is about 0.80, with the price of ZTO currently trading nearly 2.68% and 3.91% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.79, while the 7-day volatility ratio is showing 1.88% which for the 30-day chart, stands at 2.20%. Furthermore, ZTO Express (Cayman) Inc ADR (ZTO)’s beta value is -0.05, and its average true range (ATR) is 0.57.

A comparison of ZTO Express (Cayman) Inc ADR (ZTO) with its peers suggests the former has fared considerably weaker in the market. ZTO showed an intraday change of -0.07% in today’s session so far, and over the past year, it shrunk by -23.32%%.

Data on historical trading for ZTO Express (Cayman) Inc ADR (NYSE:ZTO) indicates that the trading volumes over the past 3 months, they’ve averaged 4.63 million. According to company’s latest data on outstanding shares, there are 606.77 million shares outstanding.

Nearly 0.60% of ZTO Express (Cayman) Inc ADR’s shares belong to company insiders and institutional investors own 42.47% of the company’s shares. The stock has fallen by -1.06% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ZTO stock heading into the next quarter.

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