We have recently updated a report on ZTO Express (Cayman) Inc. (ZTO - Free Report) .
The long-term expected earnings per share (three to five years) growth rate for ZTO Express is pegged at 18.2%.
Strong performance in the core express delivery services unit is encouraging. Revenues from the unit increased 29.2% year over year in the first nine months of 2021, owing to an increase in parcel volumes. With the rapid growth in the e-commerce business, ZTO Express registered recent growth in parcel volume. The company anticipates parcel volumes in the range of 22.2-22.7 billion in 2021, indicating a rise of 30.6-33.5% year over year.
ZTO exited the third quarter with cash and cash equivalents of RMB 10.36 billion, higher than its short-term bank borrowings of $4.43 billion. This implies that the company has enough cash to pay off its short-term debt obligations.
Despite the above-mentioned tailwinds, high selling, general and administrative (SG&A) expenses might stoke operating expenses and hurt the bottom line.
Zacks Rank & Other Stocks to Consider
ZTO Express currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Investors interested in the broader Zacks Transportation sector can also consider stocks like J.B. Hunt Transport Services (JBHT - Free Report) , FedEx Corporation (FDX - Free Report) and Schneider National (SNDR - Free Report) .
The long-term expected earnings per share (three to five years) growth rate for J.B. Hunt is pegged at 15%. JBHT is benefiting from strong performances across all its segments. The Dedicated Contract Services (DCS) unit is being aided by fleet-productivity improvement and a rise in average revenue-producing trucks. The Integrated Capacity Solutions (ICS) unit is gaining from a favorable customer freight mix as well as higher contractual and spot rates.
JBHT’s measures to reward shareholders are encouraging. Driven by the tailwinds, the stock has increased 35.3% in the past year. J.B. Hunt currently carries a Zacks Rank #2 (Buy).
The long-term expected earnings per share (three to five years) growth rate for FedEx is pegged at 12%. FDX is benefitting from a surge in e-commerce demand amid the pandemic.
FDX exited first-quarter fiscal 2022 with cash and equivalents of $6,853 million, higher than its current debt of $125 million. Driven by the tailwinds, the stock has moved up 7.4% in the past year. FedEx currently carries a Zacks Rank #2.
The long-term expected earnings per share (three to five years) growth rate for Schneider is pegged at 17.9%. SNDR benefits from strong performance in the Intermodal and Logistics units.
SNDR’s third-quarter cash balance is also encouraging. Driven by the tailwinds, the stock has moved up 18.3% in the past year. Schneider currently carries a Zacks Rank #2.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
We have recently updated a report on ZTO Express (Cayman) Inc. (ZTO - Free Report) .
The long-term expected earnings per share (three to five years) growth rate for ZTO Express is pegged at 18.2%.
Strong performance in the core express delivery services unit is encouraging. Revenues from the unit increased 29.2% year over year in the first nine months of 2021, owing to an increase in parcel volumes. With the rapid growth in the e-commerce business, ZTO Express registered recent growth in parcel volume. The company anticipates parcel volumes in the range of 22.2-22.7 billion in 2021, indicating a rise of 30.6-33.5% year over year.
ZTO exited the third quarter with cash and cash equivalents of RMB 10.36 billion, higher than its short-term bank borrowings of $4.43 billion. This implies that the company has enough cash to pay off its short-term debt obligations.
Despite the above-mentioned tailwinds, high selling, general and administrative (SG&A) expenses might stoke operating expenses and hurt the bottom line.
Zacks Rank & Other Stocks to Consider
ZTO Express currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Investors interested in the broader Zacks Transportation sector can also consider stocks like J.B. Hunt Transport Services (JBHT - Free Report) , FedEx Corporation (FDX - Free Report) and Schneider National (SNDR - Free Report) .
The long-term expected earnings per share (three to five years) growth rate for J.B. Hunt is pegged at 15%. JBHT is benefiting from strong performances across all its segments. The Dedicated Contract Services (DCS) unit is being aided by fleet-productivity improvement and a rise in average revenue-producing trucks. The Integrated Capacity Solutions (ICS) unit is gaining from a favorable customer freight mix as well as higher contractual and spot rates.
JBHT’s measures to reward shareholders are encouraging. Driven by the tailwinds, the stock has increased 35.3% in the past year. J.B. Hunt currently carries a Zacks Rank #2 (Buy).
The long-term expected earnings per share (three to five years) growth rate for FedEx is pegged at 12%. FDX is benefitting from a surge in e-commerce demand amid the pandemic.
FDX exited first-quarter fiscal 2022 with cash and equivalents of $6,853 million, higher than its current debt of $125 million. Driven by the tailwinds, the stock has moved up 7.4% in the past year. FedEx currently carries a Zacks Rank #2.
The long-term expected earnings per share (three to five years) growth rate for Schneider is pegged at 17.9%. SNDR benefits from strong performance in the Intermodal and Logistics units.
SNDR’s third-quarter cash balance is also encouraging. Driven by the tailwinds, the stock has moved up 18.3% in the past year. Schneider currently carries a Zacks Rank #2.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on JBHT - FREE
Get the latest research report on FDX - FREE
Get the latest research report on ZTO - FREE
Get the latest research report on SNDR - FREE