NYSE:ZTOLogistics
ZTO Express (NYSE:ZTO) Valuation Check After Analyst Upgrade And Convertible Notes Buyback Plan
ZTO Express (Cayman) (NYSE:ZTO) is back in focus after an analyst upgrade, citing preliminary fourth quarter volume running ahead of the industry, stronger revenue and margin signals, and a sizeable convertible notes deal funding buybacks.
See our latest analysis for ZTO Express (Cayman).
The recent analyst upgrade and the $1.5b convertible notes plan come against a backdrop of firm momentum, with a 30 day share price return of 15.37% and a 1 year total shareholder return of 25.93%, even...