Advertisement
Singapore markets close in 4 hours 42 minutes

  • Straits Times Index

    3,415.61
    -24.27 (-0.71%)
     

  • Nikkei

    40,822.92
    -90.73 (-0.22%)
     

  • Hang Seng

    17,832.38
    -195.90 (-1.09%)
     

  • FTSE 100

    8,241.26
    +70.14 (+0.86%)
     

  • Bitcoin USD

    55,028.01
    -4,021.45 (-6.81%)
     

  • CMC Crypto 200

    1,145.50
    -115.68 (-9.17%)
     

  • S&P 500

    5,537.02
    +28.01 (+0.51%)
     

  • Dow

    39,308.00
    -23.90 (-0.06%)
     

  • Nasdaq

    18,188.30
    +159.54 (+0.88%)
     

  • Gold

    2,369.40
    0.00 (0.00%)
     

  • Crude Oil

    83.71
    -0.17 (-0.20%)
     

  • 10-Yr Bond

    4.3550
    0.0000 (0.00%)
     

  • FTSE Bursa Malaysia

    1,614.78
    -1.97 (-0.12%)
     

  • Jakarta Composite Index

    7,253.94
    +33.05 (+0.46%)
     

  • PSE Index

    6,537.51
    +30.02 (+0.46%)
     

Here's Why ZTO Express (Cayman) Inc. (ZTO) is a Strong Growth Stock

Zacks Equity Research
·2-min read

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

Why This 1 Growth Stock Should Be On Your Watchlist

Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

ADVERTISEMENT

ZTO Express (Cayman) Inc. (ZTO)

Founded in 2009, ZTO Express is a leading player in the field of express delivery in China. This Shanghai-based company went public in 2016. Its American Depository Shares (ADSs) have been trading on the NYSE since Oct 27, 2016. The ticker symbol is ZTO.

ZTO boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 17.1% year-over-year for 2023, while Wall Street anticipates its top line to improve by 14.6%.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.03 to $1.44 per share. ZTO also boasts an average earnings surprise of 13.7%.

On a historic basis, ZTO Express (Cayman) Inc. has generated cash flow growth of 23.6%, and is expected to report cash flow expansion of 46.9% this year.

ZTO should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

ZTO Express (Cayman) Inc. (ZTO) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research