ZTO Express upgraded by JP Morgan with a new price target
$ZTO
Trucking Freight/Courier Services
Industrials
JP Morgan upgraded ZTO Express from Neutral to Overweight and set a new price target of $35.00 from $27.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/26/2024 | Outperform → Neutral | Macquarie | |
| 11/7/2023 | $34.00 → $28.00 | Buy → Neutral | BofA Securities |
| 4/25/2023 | $37.00 → $42.00 | Neutral → Buy | Goldman |
| 3/16/2023 | Outperform → Buy | CLSA | |
| 8/19/2022 | $27.00 → $35.00 | Neutral → Overweight | JP Morgan |
| 11/18/2021 | $40.20 | Neutral → Outperform | Macquarie |
| 11/18/2021 | $31.00 → $36.00 | Neutral → Buy | B of A Securities |
| 10/20/2021 | $44.00 | Buy → Neutral | Goldman |
Robust Profitability amidst Consumption Mix-shiftAdjusted Net Income Grew 2.0% to RMB2.4 BillionParcel Volume Increased 15.9% to 8.7 Billion SHANGHAI, Nov. 19, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE:ZTO), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the third quarter ended September 30, 2024[1]. The Company grew parcel volume by 15.9% year over year while maintaining high quality of service and customer satisfaction. Adjusted net income increased 2.0%[2] to reach RMB2,387.3 million. Cash generated from operating activities was RMB3,112.0 million. Third Quarter 2024 Financial Highlight
SHANGHAI, Oct. 22, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE:ZTO) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2024 after the U.S. market closes on November 19, 2024. ZTO's management team will host an earnings conference call at 7:30 P.M. U.S. Eastern Time on Tuesday, November 19, 2024, which is 8:30 A.M. Beijing Time on Wednesday, November 20, 2024. Dial-in details for the earnings conference call are as follows: United States: 1-888-317-6003 Hong Kong: 800-963-976 Singapore: 800-120-5863 Mainland China: 4001-206-115 Inter
Robust Profitable Growth amidst Consumption Mix-shiftAdjusted Net Income Grew 10.9% to RMB2.8 Billion US$0.35 per Share Interim Dividend Announced SHANGHAI, Aug. 20, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE:ZTO), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the second quarter ended June 30, 2024[1]. The Company grew parcel volume by 10.1% year over year while maintaining high quality of service and customer satisfaction. Adjusted net income increased 10.9%[2] to reach RMB2.8 billion. Cash generated from operating activities was RMB3.5 billion. Second Quarter 2024 Financial Highlights Re
Robust Profitability amidst Consumption Mix-shiftAdjusted Net Income Grew 2.0% to RMB2.4 BillionParcel Volume Increased 15.9% to 8.7 Billion SHANGHAI, Nov. 19, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE:ZTO), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the third quarter ended September 30, 2024[1]. The Company grew parcel volume by 15.9% year over year while maintaining high quality of service and customer satisfaction. Adjusted net income increased 2.0%[2] to reach RMB2,387.3 million. Cash generated from operating activities was RMB3,112.0 million. Third Quarter 2024 Financial Highlight
SHANGHAI, Oct. 22, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE:ZTO) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2024 after the U.S. market closes on November 19, 2024. ZTO's management team will host an earnings conference call at 7:30 P.M. U.S. Eastern Time on Tuesday, November 19, 2024, which is 8:30 A.M. Beijing Time on Wednesday, November 20, 2024. Dial-in details for the earnings conference call are as follows: United States: 1-888-317-6003 Hong Kong: 800-963-976 Singapore: 800-120-5863 Mainland China: 4001-206-115 Inter
Robust Profitable Growth amidst Consumption Mix-shiftAdjusted Net Income Grew 10.9% to RMB2.8 Billion US$0.35 per Share Interim Dividend Announced SHANGHAI, Aug. 20, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE:ZTO), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the second quarter ended June 30, 2024[1]. The Company grew parcel volume by 10.1% year over year while maintaining high quality of service and customer satisfaction. Adjusted net income increased 10.9%[2] to reach RMB2.8 billion. Cash generated from operating activities was RMB3.5 billion. Second Quarter 2024 Financial Highlights Re
6-K - ZTO Express (Cayman) Inc. (0001677250) (Filer)
6-K - ZTO Express (Cayman) Inc. (0001677250) (Filer)
6-K - ZTO Express (Cayman) Inc. (0001677250) (Filer)
Macquarie downgraded ZTO Express from Outperform to Neutral
BofA Securities downgraded ZTO Express from Buy to Neutral and set a new price target of $28.00 from $34.00 previously
Goldman upgraded ZTO Express from Neutral to Buy and set a new price target of $42.00 from $37.00 previously
SC 13G/A - ZTO Express (Cayman) Inc. (0001677250) (Subject)
SC 13G/A - ZTO Express (Cayman) Inc. (0001677250) (Subject)
SC 13G/A - ZTO Express (Cayman) Inc. (0001677250) (Subject)
SHANGHAI, Nov. 16, 2021 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE:ZTO), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced the appointment of a new female independent director to its board of directors (the "Board"): Ms. Fang Xie, effective immediately. After the change, the Board will consist of ten members, six of whom are independent directors. Ms. Xie will also serve on ZTO's Environmental, Social and Governance Committee ("ESG Committee"). Ms. Fang Xie, also known as Heather Xie, has been a director and portfolio investment manager at Seres Capital since May 2021. Ms. Xie provided management consulting and leadership coaching ser
SHANGHAI, March 16, 2021 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced the appointment of a new director to its board of directors (the "Board"): Mr. Zheng Liu, effective immediately. Mr. Lin Wan has concurrently resigned from his position as a director of the Board. After the change, the Board will continue to consist of nine members, five of whom are independent directors. Mr. Zheng Liu has been the Chief Financial Officer of Cainiao Network since February 2016. From June 2010 to February 2016, Mr. Liu served as Senior Finance Director with Alibaba Group and was r
Macquarie analyst Ellie Jiang downgrades ZTO Express (Cayman) (NYSE:ZTO) from Outperform to Neutral and announces $21.2 price target.
In the latest quarter, 4 analysts provided ratings for ZTO Express (Cayman) (NYSE:ZTO), showcasing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 1 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $28.98, a high estimate of $30.00, and a low estimate of $26.90. A decline of 0.24% from the prior average price target is
B of A Securities analyst Fan Tso maintains ZTO Express (Cayman) (NYSE:ZTO) with a Buy and raises the price target from $25.2 to $26.9.