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.
Here's Why You Should Give ZTO Express Stock a Miss Now
Here's Why ZTO Express (Cayman) Inc. (ZTO) Is a Strong Momentum Stock
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.
Will Weakness in ZTO Express (Cayman) Inc.'s (NYSE:ZTO) Stock Prove Temporary Given Strong Fundamentals?
[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.
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.
ZTO Express Announces Share Repurchase Strategy
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.
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.
J.P. Morgan Maintains ZTO Express(ZTO.US) With Buy Rating, Cuts Target Price to $25
J.P. Morgan Initiates ZTO Express(ZTO.US) With Buy Rating, Announces Target Price $25
ZTO Express Price Target Lowered to $25 From $30 at JPMorgan
On December 17, ZTO EXPRESS-W spent 12.237 million USD to repurchase 0.613 million shares.
ZTO EXPRESS-W (02057) announced that it will spend 12.237 million USD to buy back 0.613 million shares on December 17, 2024.
ZTO EXPRESS-W (02057.HK) spent 12.2367 million USD to repurchase 0.6132 million on December 17.
Glory Supply announced on December 18 that ZTO EXPRESS-W (02057.HK) will spend 12.2367 million USD to buy back 0.6132 million shares on December 17, 2024, with a repurchase price of 19.69-20 USD per share.
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
On December 16, ZTO EXPRESS-W (02057) spent 19.0925 million USD to repurchase 0.983 million shares.
ZTO EXPRESS-W (02057) issued an announcement, announcing that on December 16, 2024, it will invest 19.0925 million US dollars...
ZTO EXPRESS-W (02057.HK) spent 19.0925 million USD to repurchase 0.9829 million shares on December 16.
Gelonghui December 17丨ZTO EXPRESS-W (02057.HK) announced that on December 16, 2024, it spent 19.0925 million USD to repurchase 0.9829 million shares, with the repurchase price ranging from 19.22 to 19.6 USD per share.
ZTO Express Announces Strategic Share Repurchase
Selected announcements | Ping An Insurance's original premium income in the current year is nearly 800 billion yuan; GANFENGLITHIUM's Goulamina spodumene project phase one has officially gone into production.
In the first 11 months, New China Life Insurance accumulated original insurance premium income of 163.1663 billion yuan, a year-on-year increase of 2.2%; Ideal Autos granted a total of 3.94697 million restricted stock units.