Here's Why ZTO Express (Cayman) Inc. (ZTO) is a Strong Growth Stock
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
For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.
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 26% year-over-year for 2023, while Wall Street anticipates its top line to improve by 6%.
Four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.06 to $1.55 per share for 2023. ZTO boasts an average earnings surprise of 22%.
Looking at cash flow, ZTO Express (Cayman) Inc. is expected to report cash flow growth of 23.2% this year; ZTO has generated cash flow growth of 19.4% over the past three to five years.
Investors should take the time to consider ZTO for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.
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ZTO Express (Cayman) Inc. (ZTO) : Free Stock Analysis Report
