In the latest trading session, ZTO Express (Cayman) Inc. (ZTO - Free Report) closed at $19.79, marking a -0.7% move from the previous day. This change was narrower than the S&P 500's daily loss of 0.75%. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq lost 0.57%.
Coming into today, shares of the company had gained 9.21% in the past month. In that same time, the Transportation sector gained 2.48%, while the S&P 500 gained 4%.
ZTO will be looking to display strength as it nears its next earnings release, which is expected to be May 15, 2019. The company is expected to report EPS of $0.19, up 18.75% from the prior-year quarter.
ZTO's full-year Zacks Consensus Estimates are calling for earnings of $0.96 per share and revenue of $3.20 billion. These results would represent year-over-year changes of +18.52% and +21.44%, respectively.
Any recent changes to analyst estimates for ZTO should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ZTO is currently a Zacks Rank #3 (Hold).
Looking at its valuation, ZTO is holding a Forward P/E ratio of 20.87. This valuation marks a premium compared to its industry's average Forward P/E of 16.18.
The Transportation - Services industry is part of the Transportation sector. This group has a Zacks Industry Rank of 215, putting it in the bottom 17% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.