financetom
Business
financetom
/
Business
/
ZTO Express Expected to Have 'Significantly Narrowed' Market Share Losses in Q2, Morgan Stanley Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ZTO Express Expected to Have 'Significantly Narrowed' Market Share Losses in Q2, Morgan Stanley Says
Jul 2, 2025 8:23 AM

10:57 AM EDT, 07/02/2025 (MT Newswires) -- ZTO Express ( ZTO ) is expected to have "significantly narrowed" its market share losses in Q2 following five consecutive quarters of losing market share due to "aggressive competition" from smaller rivals, Morgan Stanley said in a Wednesday note.

The brokerage said the delivery and logistics firm likely delivered 17.7% year-over-year volume growth in Q2.

Morgan Stanley said the company's competitors may be starting to lose momentum due to network and cash flow constraints, allowing ZTO to regain traction.

Despite a volume recovery, Q2 non-GAAP net profit is expected to decline 19% year-over-year to 2.3 billion renminbi ($321 million), partly due to timing effects related to government grants. Excluding that impact, Q2 adjusted net profit is expected to fall around 15%, Morgan Stanley said.

The firm trimmed its 2025, 2026, and 2027 EPS forecast by 3.5%, 3.8%, and 4.1%, respectively, citing slower-than-expected growth in the first four months of the year, according to the note.

Morgan Stanley maintained an overweight rating on the stock and raised its price target to $24.60 from $24.20.

Price: 17.92, Change: +0.03, Percent Change: +0.17

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CNH Industrial Signs $3.46 Billion Replacement Credit Line
CNH Industrial Signs $3.46 Billion Replacement Credit Line
Apr 23, 2024
05:38 PM EDT, 04/23/2024 (MT Newswires) -- CNH Industrial ( CNHI ) said late Tuesday it signed a reduced revolving credit facility of 3.25 billion euros ($3.46 billion). The company said the committed credit line is for general corporate purposes. The facility has a five-year tenor with two extension options of one year each. It replaces a five-year facility of...
Endeavour Silver Up 1.1% After Hours As It Updates Construction Progress Update on Terronera; Says Construction Progress Reached 53% Completion
Endeavour Silver Up 1.1% After Hours As It Updates Construction Progress Update on Terronera; Says Construction Progress Reached 53% Completion
Apr 23, 2024
05:37 PM EDT, 04/23/2024 (MT Newswires) -- Endeavour Silver ( EXK ) was at last look up 1.1% in US after hours Tuesday as it provided a Q1 2024 construction progress update for its Terronera Project in Jalisco state, Mexico. According to a statement, the Terronera project made significant progress in the first quarter, as concrete work was nearly complete...
Vicor Q1 Earnings, Revenue Drop; Shares Fall After Hours
Vicor Q1 Earnings, Revenue Drop; Shares Fall After Hours
Apr 23, 2024
05:38 PM EDT, 04/23/2024 (MT Newswires) -- Vicor ( VICR ) reported Q1 earnings late Tuesday of $0.06 per diluted share, down from $0.25 per share a year earlier. Two analysts polled by Capital IQ expected $0.06. Net revenue for the quarter ended March 31 fell to $83.9 million from $97.8 million a year earlier. Three analysts surveyed by Capital...
Pebblebrook Hotel Trust Q1 Adjusted FFO, Revenue Rise; Q2 AFFO Outlook Set
Pebblebrook Hotel Trust Q1 Adjusted FFO, Revenue Rise; Q2 AFFO Outlook Set
Apr 23, 2024
05:37 PM EDT, 04/23/2024 (MT Newswires) -- Pebblebrook Hotel Trust ( PEB ) reported Q1 adjusted funds from operations late Tuesday of $0.21 per diluted share, up from $0.18 per share a year earlier. Analysts polled by Capital IQ expected $0.15. Revenue for the quarter ended March 31 rose to $314.1 million from $305.7 million a year earlier. Analysts surveyed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved