Streetbeat News

ZTO

ZTO Express (Cayman) Inc.

https://www.zto.com

Industry

Integrated Freight & Logistics

ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2021, it operated a fleet of approximately 10,900 trucks. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.

Open

19.68

Mkt cap

16B

Volume

5.1M

High

20.12

P/E Ratio

13.76

52-wk high

27.50

Low

19.62

Div yield

0.01

52-wk low

15.89

Shares of US-listed Chinese companies are trading higher following the announcement of a new stimulus package by China's Central Bank.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 11:49 am

US-listed Chinese stocks are potentially trading higher due to expectations of a rate cut by the People's Bank of China and recent rate cuts by the US Federal Reserve.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:50 pm

ZTO Express shares are experiencing an increase in trading value following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 2:10 pm

ZTO Express has maintained its 2024 guidance, expecting parcel volume to increase by 15% to 18% year over year, reaching between 34.73 billion and 35.64 billion parcels. This reflects the company's current market and operating conditions.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 5:33 am

ZTO Express (Cayman) reported Q2 earnings per share of $0.47, beating the estimate of $0.45, marking an 11.9% increase from last year. However, sales of $1.48 billion slightly missed the estimate, despite a 9.9% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 5:24 am

US stocks may pause after an 8-session winning streak, with potential risks ahead. The S&P 500 and Nasdaq have reached new highs, but strategists warn of a possible pullback. Tech and crypto-exposed stocks are expected to maintain momentum. Key events include Fed speeches and Powell's upcoming address.

Portfolio Pulse from Shanthi Rexaline

August 20, 2024 | 10:48 am

Shares of US-listed Chinese stocks are trading lower ahead of upcoming economic data.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 5:22 pm

Sotera Health (NASDAQ:SHC) reported better-than-expected quarterly results, leading to a 10.2% rise in its stock price. Other notable gainers include Kellanova (NYSE:K), Ispire Technology (NASDAQ:ISPR), New Oriental Education (NYSE:EDU), Sonic Automotive (NYSE:SAH), ZTO Express (NYSE:ZTO), Gaotu Techedu (NASDAQ:GOTU), and Twist Bioscience (NASDAQ:TWST).

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 3:22 pm

Shares of US-listed Chinese stocks are trading higher after the People's Bank of China announced a cut in benchmark lending rates.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 3:14 pm

Macquarie analyst Ellie Jiang has downgraded ZTO Express (Cayman) (NYSE:ZTO) from Outperform to Neutral and set a price target of $21.2.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 6:26 pm

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