ZTO Express (Cayman) Inc. (ZTO) – What Are Analysts Thinking About This Stock?

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) have earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $24.70.

A number of analysts have commented on the company. JPMorgan Chase & Co. lowered ZTO Express (Cayman) from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $29.00 to $22.00 in a report on Thursday, September 3rd. Zacks Research downgraded shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Weiss Ratings cut ZTO Express (Cayman) from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, August 31st. Wall Street Zen cut shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Finally, The Goldman Sachs Group lowered shares of ZTO Express (Cayman) from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $25.00 to $22.00 in a research report on Wednesday, October 14th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. U S Global Investors Inc. raised its stake in ZTO Express (Cayman) by 3.7% during the third quarter. U S Global Investors Inc. now owns 25,184 shares of the transportation company’s stock valued at $489,000 after purchasing an additional 888 shares in the last quarter. Profund Advisors LLC lifted its position in ZTO Express (Cayman) by 1.9% during the third quarter. Profund Advisors LLC now owns 58,895 shares of the transportation company’s stock valued at $1,144,000 after purchasing an additional 1,097 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in ZTO Express (Cayman) by 6.3% during the first quarter. Sequoia Financial Advisors LLC now owns 20,348 shares of the transportation company’s stock valued at $512,000 after purchasing an additional 1,207 shares during the last quarter. GSA Capital Partners LLP grew its stake in shares of ZTO Express (Cayman) by 1.3% in the 2nd quarter. GSA Capital Partners LLP now owns 113,112 shares of the transportation company’s stock worth $2,531,000 after buying an additional 1,422 shares in the last quarter. Finally, Confluence Investment Management LLC grew its stake in shares of ZTO Express (Cayman) by 11.4% in the 2nd quarter. Confluence Investment Management LLC now owns 13,966 shares of the transportation company’s stock worth $313,000 after buying an additional 1,426 shares in the last quarter. 41.65% of the stock is currently owned by institutional investors.

ZTO Express (Cayman) Stock Performance

ZTO Express (Cayman) stock opened at $20.25 on Wednesday. ZTO Express has a twelve month low of $18.31 and a twelve month high of $26.20. The company has a market capitalization of $11.29 billion, a P/E ratio of 10.89, a PEG ratio of 0.98 and a beta of -0.18. The stock’s 50 day moving average is $20.28 and its 200 day moving average is $22.82. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.16.

ZTO Express (Cayman) (NYSE:ZTO) last posted its quarterly earnings results on Saturday, August 15th. The transportation company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.06. The firm had revenue of $2.14 billion during the quarter, compared to analyst estimates of $2.15 billion. ZTO Express (Cayman) had a return on equity of 15.90% and a net margin of 19.03%. The company’s quarterly revenue was up 23.0% on a year-over-year basis. On average, equities research analysts predict that ZTO Express will post 1.91 earnings per share for the current fiscal year.

ZTO Express (Cayman) Company Profile

ZTO Express (Cayman) Inc is a holding company that operates ZTO Express, one of China’s major express delivery and logistics providers. The company provides parcel collection, sorting, line-haul transportation and last-mile delivery services, supporting shipments for consumers, merchants and businesses across China.

ZTO’s business is closely connected to China’s e-commerce economy, handling deliveries for online retailers and individual customers. Its operations include a nationwide network of sorting centers, transportation routes, service outlets and delivery personnel.