ZTO Express Reports No Change in Share Capital for December 2024

TipRanks36minutes ago

ZTO Express (Cayman) (NYSE:ZTO) Is Doing The Right Things To Multiply Its Share Price

Yahoo Finance05:34 ET

Research Reports: CITIC Securities gives ZTO Express a Target Price of $25.70 and suggests focusing on its long-term investment value.

China International Capital Corporation stated in a report that the demand in the express delivery industry will maintain high growth in the fourth quarter of 2024. The firm believes that under the new strategy, ZTO Express is expected to return to the path of market share expansion, giving it a Target Price of $25.70. Considering the trends of parcel light-weighting, the development of live e-commerce, and the increase in return rates, it is anticipated that the express delivery industry's volume will continue to maintain double-digit growth through 2025. Looking ahead to 2025, as the company previously stated in the third-quarter earnings meeting that "leading in business volume is the cornerstone of our business," the firm believes that the company will change its conservative strategy on market share competition in 2024 to achieve greater than industry volume growth.

Gelonghui FinanceJan 2 21:11 ET

Here's Why You Should Give ZTO Express Stock a Miss Now

Zacks Jan 2 12:30 ET

Here's Why ZTO Express (Cayman) Inc. (ZTO) Is a Strong Momentum Stock

Zacks Dec 31, 2024 09:00 ET

Volume increases and prices remain low as the express delivery industry competes to reduce costs. The application of autonomous vehicles and Drones is expected to accelerate next year | Year-end review.

① Since the beginning of the year, the growth rate of express delivery volume has exceeded 20%; the operating situation of "the two logistics giants and one delivery company" in the first 11 months shows volume increase and low prices, with ZTO achieving year-on-year revenue growth per package in Q3. ② Industry insiders say that the growth rate of express delivery volume will still be double-digit in the next 1-2 years. It is expected that next year, Drones and unmanned vehicles will accelerate their application in various express delivery scenarios, further reducing social Logistics costs.

cls.cnDec 28, 2024 04:19 ET