ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. It offers freight forwarding services; and delivery services for e-commerce and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.

ZTO Express (Cayman) Inc.

In trading on Thursday, shares of ZTO Express (Cayman) Inc (Symbol: ZTO) crossed above their 200 day moving average of $19.71, changing hands as high as $20.48 per share. ZTO Express (Cayman) Inc shares are currently trading up about 4.2% on the day. The chart below shows the one year performance of ZTO shares, versus its 200 day moving average:
Looking at the chart above, ZTO's low point in its 52 week range is $16.34 per share, with $27.50 as the 52 week high point — that compares with a last trade of $20.32.
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »
Cheap Dividend Stocks
ZSL Options Chain
Funds Holding HEFV
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ZTO Express Shares Cross Above 200 DMA

ZTO ExpressZTO reported first-quarter 2025 earnings of 37 cents per share, which came in line with the year-ago quarter. Total revenues of $1.50 billion missed the Zacks Consensus Estimate of $1.67 billion and improved year over year.
ZTO Express (Cayman) Inc. Price, Consensus and EPS Surprise
ZTO Express (Cayman) Inc. price-consensus-eps-surprise-chart | ZTO Express (Cayman) Inc. Quote
Mr. Meisong Lai, founder, chairman and chief executive officer at ZTO, stated, "During the first quarter, ZTO maintained leading service quality and achieved 8.5 billion of parcel volume and 2.3 billion of adjusted net income. Retail volume increased by 46% year over year for the quarter as we penetrated deeper into reverse logistics, and we continued to work closely with various e-commerce platform and enterprise customers to develop differentiated products and services which include time-definite delivery and customized KA consumer services."
Detailed Operational Statistics
Revenue from the core express delivery business increased 9.8% year over year, owing to 19.1% growth in parcel volume and a 7.8% decrease in parcel unit price. KA revenues, generated by direct sales organizations, increased 129.3%, driven by an increase in e-commerce return parcels.
Revenue from freight forwarding services fell 11.6% year over year, owing to declining cross-border e-commerce pricing.
Revenue from sales of accessories, which largely consisted of sales of thermal paper used for digital waybills' printing, rose 15.5% year over year. Other revenues were derived mainly from financing services.
Gross profit decreased 10.4% from the year-ago reported quarter. Gross margin rate fell to 24.7% from 30.1% in the year-ago period.
Total operating expenses were RMB283.8 million ($39.1 million) compared with RMB735.4 million in the year-ago period.
ZTO Express exited the first quarter of 2025 with cash and cash equivalents of $1.71 billion compared with $1.84 billion at the end of the prior quarter.
ZTO’s board approved its share repurchase program in November 2018 and has made subsequent changes so far. The latest announcement includes an increase in the aggregate value of shares to be repurchased to $2 billion and extends the effective period through June 30, 2025.
As of March 31, 2025, ZTO had purchased an aggregate of 50,899,498 ADSs for $1,228.3 million on the open market, including repurchase commissions. The remaining funds available under the share repurchase program are $771.7 million.
On May 20, 2025, ZTO announced that it would extend the current share repurchase program to June 30, 2026.
ZTO's 2025 Guidance
Based on current market and operating conditions, ZTO Express reaffirms its 2025 parcel volume guidance of 40.8 billion to 42.2 billion, reflecting 20-24% year-over-year growth.
ZTO’s Zacks Rank
Currently, ZTO Express carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Q1 Performances of Other Transportation Companies
United Airlines
United Airlines’ UAL first-quarter 2025 earnings per share (excluding 25 cents from non-recurring items) of 91 cents surpassed the Zacks Consensus Estimate of 75 cents. In the year-ago quarter, the Chicago-based airline reported a loss of 15 cents per share.
Operating revenues of $13.21 billion fell marginally short of the Zacks Consensus Estimate of $13.22 billion. The top line increased 5.4% year over year despite the tariff-induced slowdown in domestic air travel demand. Passenger revenues (which accounted for 89.7% of the top line) rose 4.8% year over year to $11.9 billion. UAL flights transported 40,806 passengers in the first quarter, up 3.8% year over year.
Delta Air Lines
Delta Air LinesDAL reported first-quarter 2025 earnings (excluding 9 cents from non-recurring items) of 46 cents per share, which surpassed the Zacks Consensus Estimate of 40 cents. Earnings increased 2.2% on a year-over-year basis due to low fuel costs.
Revenues in the March-end quarter were $14.04 billion, surpassing the Zacks Consensus Estimate of $13.81 billion and increasing 2.1% on a year-over-year basis. Adjusted operating revenues (excluding third-party refinery sales) rose 3.3% year over year to $13 billion.
C.H. Robinson
C.H. Robinson Worldwide, Inc. (CHRW) reported mixed first-quarter 2025 results, wherein earnings surpassed the Zacks Consensus Estimate while revenues missed the same.
Quarterly earnings per share (EPS) of $1.17 outpaced the Zacks Consensus Estimate of $1.02 and improved 36% year over year. Total revenues of $4.04 billion missed the Zacks Consensus Estimate of $4.31 billion and declined 8.2% year over year, owing to the divestiture of CHRW’s Europe Surface Transportation business, lower volume in its North America truckload services, and lower pricing in the ocean services.
Only $1 to See All Zacks' Buys and Sells
We're not kidding.
Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.
Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.
See Stocks Now >>
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
Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report
United Airlines Holdings Inc (UAL) : Free Stock Analysis Report
C.H. Robinson Worldwide, Inc. (CHRW) : Free Stock Analysis Report
ZTO Express (Cayman) Inc. (ZTO) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ZTO Express Q1 Earnings Flat Y/Y, Revenues Miss Estimates

The following are today's upgrades for Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
ORIX CORP (ADR) (IX) is a large-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Martin Zweig changed from 38% to 85% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: ORIX Corp is a Japan-based diversified financial services company. It has ten business segments. Corporate Sales and Maintenance Lease segment is engaged in finance and commission business, and leasing and rental of automobiles and others. Real Estate segment is engaged in development, lease, management, facility operation of real estate. Business Investment and Concession segment is engaged in corporate investment and concession. Environmental Energy segment is engaged in renewable energy, solar panel sales and others. Insurance segment is engaged in life insurance business. Banking and Credit segment is engaged in banking and consumer loan business. Transportation Equipment segment is engaged in aircraft investment and management, and ship-related investment and loan. ORIX USA segment is engaged in finance, investment and asset management. ORIX Europe segment is engaged in asset management of global stocks and bonds. Asia and Australia segment is engaged in financing and investment.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of ORIX CORP (ADR)
IX Guru Analysis
IX Fundamental Analysis
ZTO EXPRESS (CAYMAN) INC (ADR) (ZTO) is a large-cap value stock in the Air Courier industry. The rating according to our strategy based on Martin Zweig changed from 77% to 85% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: ZTO Express Cayman Inc is a holding company that provides express delivery services and other value-added logistics services through a nationwide network. The express delivery services mainly include parcel sorting and route transportation. The Company provides express delivery services directly to corporate customers, including vertical e-commerce and traditional merchants, as well as delivering products to end consumers. The Company also provides freight forwarding services. The Company mainly operates within the domestic market.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of ZTO EXPRESS (CAYMAN) INC (ADR)
ZTO Guru Analysis
ZTO Fundamental Analysis
Martin Zweig Portfolio
About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea Martin Zweig Strategy Daily Upgrade Report - 5/13/2025

Looking at the universe of stocks we cover at Dividend Channel, on 4/10/25, Accenture plc (Symbol: ACN), ZTO Express (Cayman) Inc (Symbol: ZTO), and General Mills Inc (Symbol: GIS) will all trade ex-dividend for their respective upcoming dividends. Accenture plc will pay its quarterly dividend of $1.48 on 5/15/25, ZTO Express (Cayman) Inc will pay its semi-annual dividend of $0.35 on 4/29/25, and General Mills Inc will pay its quarterly dividend of $0.60 on 5/1/25. As a percentage of ACN's recent stock price of $284.37, this dividend works out to approximately 0.52%, so look for shares of Accenture plc to trade 0.52% lower — all else being equal — when ACN shares open for trading on 4/10/25. Similarly, investors should look for ZTO to open 1.94% lower in price and for GIS to open 1.02% lower, all else being equal.
Below are dividend history charts for ACN, ZTO, and GIS, showing historical dividends prior to the most recent ones declared.
Accenture plc (Symbol: ACN):
ZTO Express (Cayman) Inc (Symbol: ZTO):
General Mills Inc (Symbol: GIS):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.08% for Accenture plc, 3.88% for ZTO Express (Cayman) Inc, and 4.10% for General Mills Inc.
In Tuesday trading, Accenture plc shares are currently off about 0.2%, ZTO Express (Cayman) Inc shares are off about 0.7%, and General Mills Inc shares are down about 1.7% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
Also see:
AFL Historical Stock Prices
DXC YTD Return
Comcast Technical Analysis
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Ex-Dividend Reminder: Accenture, ZTO Express and General Mills

ZTO Express ZTO reported mixed fourth-quarter 2024 earnings, wherein the company’s earnings missed the Zacks Consensus Estimate while revenues surpassed the mark. Quarterly earnings of 44 cents per share missed the Zacks Consensus Estimate of 46 cents. However, the bottom line improved year over year.
Find the latest EPS estimates and surprises on Zacks Earnings Calendar.
Total revenues of $1.77 billion surpassed the Zacks Consensus Estimate of $1.65 billion and improved year over year.
Mr. Meisong Lai, founder, chairman and chief executive officer at ZTO, stated, "During the fourth quarter, ZTO maintained high quality of services and customer satisfaction, and achieved 9.7 billion of parcel volume and 2.7 billion of adjusted net income. To increase retail parcel volume was one of the key objectives to enhance revenue mix, and our average daily retail parcel volume exceeded 7 million which increased nearly 50% over the same fourth quarter last year."
ZTO Express (Cayman) Inc. Price, Consensus and EPS Surprise
ZTO Express (Cayman) Inc. price-consensus-eps-surprise-chart | ZTO Express (Cayman) Inc. Quote
Detailed Operational Statistics
Revenues from the core express delivery business improved 22.4% year over year, owing to 11% growth in parcel volume and a 10.3% increase in unit price. KA revenues, including delivery fees from direct sales organizations established to serve core express KA customers, increased 275.9% as the proportion of higher-valued parcels, such as returned parcels from e-commerce platforms, continued to increase.
Revenues from freight forwarding services fell 11.7% year over year, owing to declining cross-border e-commerce pricing.
Revenues from sales of accessories, largely consisting of sales of thermal paper used for digital waybills' printing, climbed 11.7% year over year. Other revenues were derived mainly from financing services.
Gross profit improved 20.2% from the year-ago reported quarter. Gross margin rate fell to 29.1% from 29.5% in the year-ago period.
Total operating expenses were RMB306.5 million ($42.0 million) compared with RMB373.2 million in the year-ago period.
ZTO Express exited the fourth quarter of 2024 with cash and cash equivalents of $1.84 billion compared with $1.66 billion at the end of the prior quarter.
ZTO’s board of directors has approved a semi-annual cash dividend of 35 cents per American depositary share (ADS) and ordinary share for the six months ended Dec. 31, 2024, to holders of its ordinary shares and ADSs as of the close of business on April 10, 2025. The dividend payment represents a 40% dividend payout ratio.
ZTO’s board approved its share repurchase program in November 2018 and has made subsequent changes so far. The latest announcement includes an increase in the aggregate value of shares to be repurchased to $2 billion and extended the effective period through June 30, 2025. As of Dec. 31, 2024, ZTO had purchased an aggregate of 50,546,707 ADSs for $1,222.0 million on the open market, including repurchase commissions. The remaining funds available under the share repurchase program are $778.0 million.
ZTO’s 2025 Guidance
ZTO Express expects its 2025 parcel volume in the range of 40.8 billion to 42.2 billion, reflecting 20-24% year-over-year growth.
ZTO’s Zacks Rank & Price Performance
Currently, ZTO Express carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
ZTO shares have gained 9% so far this year, outperforming the transportation-services industry it belongs to.
ZTO Stock YTD Price Comparison
Image Source: Zacks Investment Research
Q4 Performances of Other Transportation Companies
Delta Air Lines
Delta Air Lines DAL reported fourth-quarter 2024 earnings (excluding 56 cents from non-recurring items) of $1.85 per share, which surpassed the Zacks Consensus Estimate of $1.76. Earnings increased 44.5% on a year-over-year basis due to low fuel costs.
DAL’s revenues of $15.56 billion surpassed the Zacks Consensus Estimate of $14.99 billion and increased 9.4% on a year-over-year basis, driven by strong holiday travel demand. Adjusted operating revenues (excluding third-party refinery sales) totaled $14.44 billion, up 5.7% year over year. Passenger revenues, which accounted for 82.4% of total revenues, increased 5% year over year at $12.82 billion.
J.B. Hunt Transport Services
J.B. Hunt Transport Services JBHT reported fourth-quarter 2024 earnings per share of $1.53, which fell short of the Zacks Consensus Estimate of $1.62. However, the bottom line increased 4.1% on a year-over-year basis.
JBHT’s total operating revenues of $3.15 billion narrowly beat the Zacks Consensus Estimate of $3.13 billion but declined 4.8% year over year. The decline was mainly due to lower fuel surcharge revenues and yield pressure in its Intermodal segment.
JBHT’s fourth-quarter 2024 operating revenues of $2.78 billion, excluding fuel surcharge revenue, decreased 2% from the year-ago reported quarter. Total operating income for the reported quarter increased 2% year over year to $207 million.
Alaska Air Group
Alaska Air Group, Inc. ALK reported solid fourth-quarter 2024results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share of 97 cents outpaced the Zacks Consensus Estimate of 47 cents and improved more than 100% on a year-over-year basis. The reported figure exceeded the guided range of 40-50 cents.
ALK’s bottom line benefitted from solid revenue growth, cost and operational performance throughout the quarter and holiday travel periods. ALK also benefitted from a renegotiation of certain interest payments and favorability in its fourth-quarter tax rate.
ALK’s operating revenues of $3.53 billion beat the Zacks Consensus Estimate of $3.51 billion. The top line jumped 38.4% year over year, with passenger revenues accounting for 89.9% of the top line and increasing 37% owing to continued recovery in air-travel demand.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
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
Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report
J.B. Hunt Transport Services, Inc. (JBHT) : Free Stock Analysis Report
Alaska Air Group, Inc. (ALK) : Free Stock Analysis Report
ZTO Express (Cayman) Inc. (ZTO) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ZTO Express Lags on Q4 Earnings Estimates, Beats on Revenues

ZTO Express ZTO is scheduled to report fourth-quarter 2024 results on March 18, after market close.
Find the latest EPS estimates and surprises on Zacks Earnings Calendar.
The Zacks Consensus Estimate for ZTO’s earnings for the soon-to-be-reported quarter has remained flat at 47 cents per share over the past 60 days. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $1.66 billion, which indicates a rise of 10.8% year over year.
Given this backdrop, let’s see how things have shaped up for ZTO Express this earnings season.
High operating expenses are likely to have hurt the company’s bottom-line performance in the to-be-reported quarter as the company has a brief history of increasing expenses. Top-line growth is expected to have been driven by impressive parcel volumes, with the performance of the express delivery services unit likely to have been impressive.
ZTO Express now expects its 2024 parcel volume guidance in the range of 33.7 billion-33.9 billion. The updated guidance represents an increase of 11.6-12.3% year over year. Previously, ZTO expected 2024 parcel volumes in the range of 34.73-35.64 billion. The guidance represents an increase of 15%-18% year over year.
Revenues from the freight forwarding services unit of the company are expected to have been hurt by freight demand weakness. An update on the ongoing trade war between the United States and China is also expected on the fourth-quarter conference call.
What Our Model Says About ZTO
Our proven model does not conclusively predict an earnings beat for ZTO Express this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
ZTO Express (Cayman) Inc. Price and EPS Surprise
ZTO Express (Cayman) Inc. price-eps-surprise | ZTO Express (Cayman) Inc. Quote
ZTO Express has an Earnings ESP of 0.00% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks.
Highlights of Q3 Earnings
ZTO Express’ third-quarter 2024 earnings of 41 cents per share improved year over year. Total revenues of $1.52 billion rose year over year.
Revenues from the core express delivery business improved 18.1% year over year due to 15.9% growth in parcel volume and a 1.8% increase in the unit price.
Q4 Performances of Other Transportation Stocks
Delta Air Lines DAL reported fourth-quarter 2024 earnings (excluding 56 cents from non-recurring items) of $1.85 per share, which surpassed the Zacks Consensus Estimate of $1.76. Earnings increased 44.5% on a year-over-year basis due to low fuel costs.
DAL’s revenues of $15.56 billion surpassed the Zacks Consensus Estimate of $14.99 billion and increased 9.4% on a year-over-year basis, driven by strong holiday travel demand. Adjusted operating revenues (excluding third-party refinery sales) totaled $14.44 billion, up 5.7% year over year. Passenger revenues, which accounted for 82.4% of total revenues, increased 5% year over year at $12.82 billion.
J.B. Hunt Transport Services JBHT reported fourth-quarter 2024 earnings per share of $1.53, which fell short of the Zacks Consensus Estimate of $1.62. The bottom line rose 4.1% on a year-over-year basis.
JBHT’s total operating revenues of $3.15 billion narrowly beat the Zacks Consensus Estimate of $3.13 billion but declined 4.8% year over year. The decrease was mainly due to lower fuel surcharge revenues and yield pressure in its Intermodal segment.
JBHT’s fourth-quarter 2024 operating revenues of $2.78 billion, excluding fuel surcharge revenues, decreased 2% from the year-ago reported quarter. Total operating income for the reported quarter increased 2% year over year to $207 million.
United Airlines Holdings UAL reported solid fourth-quarter 2024 results, with both earnings and revenues surpassing the Zacks Consensus Estimate.
Quarterly earnings per share (excluding 31 cents from non-recurring items) of $3.26 surpassed the Zacks Consensus Estimate of $3.01. The bottom line increased 63% on a year-over-year basis. The reported figure exceeded the company’s guided range of $2.50-$3.00.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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
Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report
United Airlines Holdings Inc (UAL) : Free Stock Analysis Report
J.B. Hunt Transport Services, Inc. (JBHT) : Free Stock Analysis Report
ZTO Express (Cayman) Inc. (ZTO) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

What's in the Cards for ZTO Express Stock in Q4 Earnings?

ZTO Express’ ZTO third-quarter 2024 earnings of 41 cents per share improved year over year.
Find the latest EPS estimates and surprises on ZacksEarnings Calendar.
Total revenues of $1.52 billion improved year over year.
Detailed Operational Statistics
Revenues from the core express delivery business improved 18.1% year over year, owing to 15.9% growth in parcel volume and a 1.8% increase in unit price. KA revenues, including delivery fees from direct sales organizations established to serve core express KA customers, increased 122.1% as the proportion of higher-valued parcels, such as returned parcels from e-commerce platforms, continued to increase.
Revenues from freight forwarding services grew 0.8% year over year.
Revenues from sales of accessories, largely consisting of sales of thermal paper used for digital waybills' printing, climbed 27.6% year over year. Other revenues were mainly derived from financing services.
ZTO Express (Cayman) Inc. Price, Consensus and EPS Surprise
ZTO Express (Cayman) Inc. price-consensus-eps-surprise-chart | ZTO Express (Cayman) Inc. Quote
Gross profit improved 23.2% from the year-ago reported quarter on the back of revenue growth and cost productivity gain. Gross margin rate improved to 31.2% from 29.8% in the year-ago period.
Total operating expenses were RMB493.0 million (US$70.3 million) compared with RMB282.8 million in the year-ago period.
ZTO Express exited the third quarter of 2024 with cash and cash equivalents of RMB11.70billion compared with RMB 10.54 billion at the end of the prior quarter.
ZTO’s 2024 Guidance
ZTO Express updates its 2024 parcel volume guidance in the range of 33.7 billion-33.9 billion. The updated guidance represents an increase of 11.6-12.3% year over year.
Previously, ZTO expected 2024 parcel volumes in the range of 34.73-35.64 billion. The guidance represents an increase of 15%-18% year over year.
ZTO’s Zacks Rank
Currently, ZTO Express carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performances of Other Transportation Companies
Delta Air Lines DALreported third-quarter 2024 earnings (excluding 47 cents from non-recurring items) of $1.50 per share, which fell short of the Zacks Consensus Estimate of $1.56. Earnings decreased 26.11% on a year-over-year basis due to high labor costs.
DAL’s revenues of $15.68 billion surpassed the Zacks Consensus Estimate of $15.37 billion and increased 1.2% on a year-over-year basis, driven by strong air travel demand. Adjusted operating revenues (excluding third-party refinery sales) totaled $14.59 billion, flat year over year.
J.B. Hunt Transport Services, Inc.’sJBHT third-quarter 2024 earnings of $1.49 per share outpaced the Zacks Consensus Estimate of $1.42 but declined 17.2% year over year.
JBHT’s total operating revenues of $3.07 billionsurpassed the Zacks Consensus Estimate of $3.04 billion but fell 3% year over year. The downfall was caused by 5% and 6% decreases in gross revenue per load in Intermodal (JBI) and Truckload, respectively; declines in load volume of 10% and 6% in Integrated Capacity Solutions (ICS) and Dedicated Contract Services, respectively; and 6% fewer stops in Final Mile Services. These were partially offset by JBI load growth of 5%, which included growth in the transcontinental and eastern networks and a 3% increase in revenue per load in ICS. JBHT’s total operating revenues, excluding fuel surcharge revenues, decreased less than 1% from the year-ago quarter.
United Airlines Holdings, Inc. UAL posted third-quarter 2024 EPS (excluding 43 cents from non-recurring items) of $3.33, which surpassed the Zacks Consensus Estimate of $3.10. Earnings decreased 8.8% on a year-over-year basis.
UAL’s operating revenues of $14.84 billion beat the Zacks Consensus Estimate of $14.76 billion. The top line increased 2.5% year over year due to upbeat air travel demand. This was driven by a 1.6% rise in passenger revenues (accounting for 91.3% of the top line) to $13.56 billion. Almost 45,559 passengers traveled on UAL flights in the third quarter, up 2.7% year over year.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report
Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report
United Airlines Holdings Inc (UAL) : Free Stock Analysis Report
J.B. Hunt Transport Services, Inc. (JBHT) : Free Stock Analysis Report
ZTO Express (Cayman) Inc. (ZTO) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ZTO Express Q3 Earnings & Revenues Improve Y/Y, 2024 View Lowered

(RTTNews) - ZTO Express (Cayman) Inc (ZTO) will host a conference call at 7:30 PM ET on November 19, 2024, to discuss Q3 24 earnings results.
To access the live webcast, log on to http://zto.investorroom.com
To listen to the call, dial 1-888-317-6003 (US) or 1-412-317-6061 (International), Passcode 0501133.
For a replay call, dial 1-877-344-7529 (US) or 1-412-317-0088 (International), Passcode 1609584.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ZTO Express Q3 24 Earnings Conference Call At 7:30 PM ET

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. ZTO Express (Cayman) Inc (Symbol: ZTO) presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
But making ZTO Express (Cayman) Inc an even more interesting and timely stock to look at, is the fact that in trading on Tuesday, shares of ZTO entered into oversold territory, changing hands as low as $20.83 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of ZTO Express (Cayman) Inc, the RSI reading has hit 29.7 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 56.0. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, ZTO's recent annualized dividend of 0.70/share (currently paid in semi-annual installments) works out to an annual yield of 3.28% based upon the recent $21.35 share price.
A bullish investor could look at ZTO's 29.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on ZTO is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
Click here to find out what 9 other oversold dividend stocks you need to know about »
Also see:
PE History
EARS YTD Return
Top Ten Hedge Funds Holding ACAB
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ZTO Express Becomes Oversold

The following are today's upgrades for Validea's Low PE Investor model based on the published strategy of John Neff. This strategy looks for firms with persistent earnings growth that trade at a discount relative to their earnings growth and dividend yield.
ZTO EXPRESS (CAYMAN) INC (ADR) (ZTO) is a large-cap growth stock in the Air Courier industry. The rating according to our strategy based on John Neff changed from 81% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: ZTO Express (Cayman) Inc is a China-based company principally involved in the provision of express delivery services through its nationwide network as well as other value-added logistics services. Its express delivery services mainly include parcel sorting and line-haul transportation. The Company directly provides express delivery services to certain enterprise customers, including vertical e-commerce and traditional merchants, in connection with the delivery of their products to end consumers. The Company conducts its businesses in domestic and overseas markets.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO:
PASS
EPS GROWTH:
PASS
FUTURE EPS GROWTH:
PASS
SALES GROWTH:
PASS
TOTAL RETURN/PE:
PASS
FREE CASH FLOW:
PASS
EPS PERSISTENCE:
PASS
Detailed Analysis of ZTO EXPRESS (CAYMAN) INC (ADR)
ZTO Guru Analysis
ZTO Fundamental Analysis
John Neff Portfolio
About John Neff: While known as the manager with whom many top managers entrusted their own money, Neff was far from the smooth-talking, high-profile Wall Streeter you might expect. He was mild-mannered and low-key, and the same might be said of the Windsor Fund that he managed for more than three decades. In fact, Neff himself described the fund as "relatively prosaic, dull, [and] conservative." There was nothing dull about his results, however. From 1964 to 1995, Neff guided Windsor to a 13.7 percent average annual return, easily outpacing the S&P 500's 10.6 percent return during that time. That 3.1 percentage point difference is huge over time -- a $10,000 investment in Windsor (with dividends reinvested) at the start of Neff's tenure would have ended up as more than $564,000 by the time he retired, more than twice what the same investment in the S&P would have yielded (about $233,000). Considering the length of his tenure, that track record may be the best ever for a manager of such a large fund.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ZTO Express (Cayman) Inc.

Price history and volume

Shares 360

Investment risk — medium

Investment potential — high

Security parameters