This ZTO pre-earnings setup has six days left on it. ZTO Express reports earnings on November 17, 2026, and the scan we published at 6:33 a.m. PT on November 11 had the name at rank 29 with a score of 68 on a price of $20.39.

Six days is enough time for the tape to say something before the print, and this month it has not said much. ZTO closed November 10 at $20.49, almost exactly where it closed on October 12, and the whole month fitted inside a 5.3% band.

When does ZTO report earnings, and is it a buy before the print?

ZTO reports earnings on November 17, 2026, six days after the scan we published on November 11. The row carried a score of 68 at rank 29 and a price of $20.39.

Whether that is a buy is your call, and the honest answer from us is that we do not make it. We publish the scan, the score, the implied move and the dated price, and we do not recommend a position on any of them.

The short version: the score is good but not elite, the analyst book is one of the cleanest in the group, the implied move is wide enough to matter, and the price has done nothing for a month. That combination interests a swing trader, and it is also what makes it dangerous, because a stock that has not moved can still fall on a print.

What the scanner row says about ZTO Express

ZTO Express (Cayman) Inc. carries a score of 68, and the five factors add up to it exactly.

Analyst coverage is worth 17.0 points, and it is the first of the five factors and the one that stops most names early. Buy-side conviction is worth 19.12 points, and that comes from the book: 17 analysts, 4 strong buys, 9 buys, 4 holds and not a single sell. Thirteen of the seventeen are on the buy side, or 76.5%. Four strong buys are worth 8.0 points. The implied move is worth 9.2, which is the fourteen-day implied upside the options market was carrying. A Positive earnings sentiment reading takes the full 15.0 available.

The rest of the row matters as much as the score. Implied volatility is 58.7, the market capitalisation is $15.22 billion, and short interest is 2.0% of the float. Trailing earnings per share is $1.83 and the forward figure is $2.25, so the price is 11.1 times what the company has earned and 9.1 times what the street expects it to earn. The PEG ratio on that forward number is 1.05.

The headline our row carried was a Yahoo Finance line reading ZTO: SEC Form 6-K filed by ZTO Express (Cayman) Inc. We are not going to tell you what that filing says beyond that, because we do not publish numbers we cannot source. Every figure here comes out of the row we published on November 11 or out of dated closes, and the table is readable at /open-data.

Where the last month took the price

The price went nowhere for a month, and that is the first fact worth sitting with.

ZTO closed October 12 at $20.45 and closed November 10 at $20.49, a gain of 0.20% across the whole window. The low close of the month was $19.75 on October 28 and the high close was $20.80 on November 6, so the entire month traded inside a 5.3% band.

The week into the scan was not quiet. The stock closed $20.24 on November 3, $20.57 on November 4, $20.77 on November 5 and $20.80 on November 6, then gave it back: $20.66 on November 9 and $20.49 on November 10. November 10 was down 0.82% on the session and up 1.24% on the week.

Compare that with the November 6 high close of $20.80 and the shape is clear. There was a push into the first week of the month and then a slow fade, and the fade continued into this morning's scan, which marked the price $20.39, 0.54% below the previous close, with the session still running.

What the options market had priced in

The options market was pricing a nine-day move of about 7.4% either side of the scan price.

The row carried implied volatility of 58.7 and an at-the-money straddle of $1.50 running nine days. On a $20.39 price that straddle is 7.4% of the share price, and it is the measurement every band on the row is scaled from, out to the three-day, seven-day and fourteen-day columns.

The three-day band ran from $19.53 to $21.26. The seven-day band was wider, from $19.07 to $21.71. The fourteen-day band was $18.52 to $22.26, and it is the fourteen-day number that feeds the implied-upside factor in the score. A $1.50 straddle inside a $1.73 wide three-day band says the options market expected a real reaction, and expected one that still fitted inside a single day's range either way.

How does ZTO compare with the other November 17 names?

ZTO is the fourth-highest score of the five names on the table that print on November 17.

That group is NVIDIA at 96, JD.com at 84, Disney at 77, ZTO at 68 and Tencent Music at 65, and every one of them is on the same six-day clock. The comparison that matters for ZTO is not the chip name but the China listings around it. Tencent Music carries 29 analysts with 3 strong buys, 15 buys and 11 holds, implied volatility of 75.0 and short interest of 7.0%, a busier and more crowded book than ZTO's. JD.com carries 35 analysts, implied volatility of 56.3 and short interest of 1.6%.

Short interest is where ZTO stands out. At 2.0% of float it is thinner than Tencent Music's 7.0%, Baidu's 7.9%, IQ's 15.9% and Globant's 26.2%, and close to only JD.com's 1.6% and Momo's 2.1%. Scores in that group run from 58 at Momo to 96 at NVIDIA, so a clean short book does not automatically make a high score. ZTO is a mid-table name with an unusually clean book.

What has to change before the November 17 print?

A setup only matters if something moves, and for ZTO there is a specific thing to watch.

The price has to travel out of the range it has been sitting in. $20.80 on November 6 is the high close of the month and $19.75 on October 28 is the low, and the stock closed November 10 at $20.49, in the upper half of that band but nowhere near the top. A close above $20.80 is the first thing worth writing down, and a close below $19.75 is the other one.

The second thing is the analyst book, because 19.12 of the 68 points are buy-side conviction and that number moves when the ratings do. Four strong buys and no sells is why the score is where it is, and a single downgrade changes the arithmetic.

The third is the sentiment reading. Earnings sentiment is worth the full 15 points on this row, which means it is reading Positive right now. If it flips, more than a fifth of the score goes with it.

None of that is a forecast. It is the list of things the score is made of, and the daily table publishes all of them every morning.

Frequently asked questions about ZTO before the print

What is ZTO's scanner score into the November 17 print?

68, at rank 29 of the table published on November 11, 2026. The score breaks into 17.0 points of analyst coverage, 19.12 for buy-side conviction, 8.0 for four strong buys, 9.2 for the fourteen-day implied move and 15.0 for a Positive earnings sentiment reading.

How large is the implied move around ZTO's print?

The options market was carrying implied volatility of 58.7 and a $1.50 at-the-money straddle running nine days, which is 7.4% of the $20.39 scan price. The bands ran $19.53 to $21.26 over three days, $19.07 to $21.71 over seven, and $18.52 to $22.26 over fourteen.

Both figures are the row we published on November 11 and the closes that came before it. Nothing here is a forecast.