Will Weakness in ZTO Express (Cayman) Inc.'s (NYSE:ZTO) Stock Prove Temporary Given Strong Fundamentals?

Simply Wall StDec 25 05:48 ET

[Brokerage Focus] China Post Securities indicates that price competition may benefit the healthy development of the Industry, Bullish on the continuous growth of express company Business volume driving revenue scale.

Jinwu Financial News | According to a research report from Zhongyou Securities, all express companies reported their operational data for November, showing that the overall Business volume continues to maintain high growth, although unit prices have declined year-on-year. Leading companies indicated in their third-quarter reports that they would ensure their market share, which may suggest that moderate price competition will continue, potentially benefitting the long-term health of the Industry. The firm remains Bullish on the continued growth of Business volume among express companies, which will drive revenue scale while improving unit profitability through cost reduction and efficiency enhancement. Current valuations for various express companies are at relatively low levels, with a top recommendation for ZTO Express (02057), followed by S.F. Holding (06936), YTO Express Group, STO Express Co.,Ltd., and with attention on Yunda Holding.

Jingu Financial NewsDec 24 00:49 ET

ZTO EXPRESS-W (02057.HK) spent 19.5683 million USD to repurchase 0.983 million shares on December 20.

Gelonghui, December 23rd丨ZTO EXPRESS-W (02057.HK) announced that on December 20, 2024, it spent 19.5683 million USD to repurchase 0.983 million shares, with a repurchase price of 19.3-20 USD per share.

Gelonghui FinanceDec 22 19:04 ET

ZTO Express Announces Share Repurchase Strategy

TipRanksDec 20 06:30 ET

On December 19, ZTO EXPRESS-W (02057.HK) spent 19.6019 million USD to repurchase 0.983 million shares.

Glory Exchange, December 20 - ZTO EXPRESS-W (02057.HK) announced that on December 19, 2024, it spent 19.6019 million USD to repurchase 0.983 million shares, with a repurchase price of 19.6-20 USD per share.

Gelonghui FinanceDec 19 23:03 ET

On December 18, ZTO EXPRESS-W (02057.HK) spent $19.6172 million to repurchase 0.983 million shares.

Glory Exchange reported on December 19 that ZTO EXPRESS-W (02057.HK) announced that on December 18, 2024, it spent 19.6172 million USD to repurchase 0.983 million shares at a price of 19.77-20 USD per share.

Gelonghui FinanceDec 18 23:09 ET