ZTO Express (Cayman) Inc. (ZTO - Free Report) closed at $19.08 in the latest trading session, marking a +1.49% move from the prior day. This change outpaced the S&P 500's 0.16% loss on the day. At the same time, the Dow added 0.01%, and the tech-heavy Nasdaq lost 0.26%.
Prior to today's trading, shares of the company had lost 0.9% over the past month. This has was narrower than the Transportation sector's loss of 1.45% and lagged the S&P 500's loss of 0.19% in that time.
Investors will be hoping for strength from ZTO as it approaches 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.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.96 per share and revenue of $3.20 billion. These totals would mark changes of +18.52% and +21.44%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for ZTO. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. ZTO is currently sporting a Zacks Rank of #3 (Hold).
Digging into valuation, ZTO currently has a Forward P/E ratio of 19.69. This valuation marks a premium compared to its industry's average Forward P/E of 16.43.
The Transportation - Services industry is part of the Transportation sector. This group has a Zacks Industry Rank of 231, putting it in the bottom 10% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ZTO in the coming trading sessions, be sure to utilize Zacks.com.