Why ZTO Express (Cayman) Inc. (ZTO) is a Top Growth Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see 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 B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 20.3% year-over-year for 2023, while Wall Street anticipates its top line to improve by 10.6%.
Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.01 to $1.48 per share. ZTO boasts an average earnings surprise of 24.1%.
ZTO Express (Cayman) Inc. is also cash rich. The company has generated cash flow growth of 19.4%, and is expected to report cash flow expansion of 23.2% in 2023.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, ZTO should be on investors' short lists.
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ZTO Express (Cayman) Inc. (ZTO) : Free Stock Analysis Report
