ZTO Express (Cayman) Inc (NYSE:ZTO) Forecasted to Post FY2019 Earnings of $0.85 Per Share

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ZTO Express (Cayman) Inc (NYSE:ZTO) – Jefferies Financial Group issued their FY2019 earnings per share estimates for shares of ZTO Express (Cayman) in a note issued to investors on Wednesday, December 4th. Jefferies Financial Group analyst T. Chong forecasts that the transportation company will earn $0.85 per share for the year. Jefferies Financial Group also issued estimates for ZTO Express (Cayman)’s FY2020 earnings at $1.10 EPS and FY2021 earnings at $1.40 EPS.

A number of other brokerages have also weighed in on ZTO. Zacks Investment Research upgraded shares of ZTO Express (Cayman) from a “sell” rating to a “hold” rating and set a $23.00 target price for the company in a research report on Friday, September 20th. ValuEngine lowered shares of ZTO Express (Cayman) from a “hold” rating to a “sell” rating in a research report on Monday, November 4th.

Shares of NYSE:ZTO opened at $20.89 on Monday. The company has a quick ratio of 3.55, a current ratio of 3.56 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $10.60 billion, a PE ratio of 27.13, a P/E/G ratio of 1.46 and a beta of 0.77. ZTO Express has a twelve month low of $15.30 and a twelve month high of $23.12. The company has a 50-day moving average price of $21.59 and a two-hundred day moving average price of $20.19.

Institutional investors have recently made changes to their positions in the company. US Bancorp DE lifted its holdings in shares of ZTO Express (Cayman) by 137.8% in the second quarter. US Bancorp DE now owns 1,712 shares of the transportation company’s stock worth $33,000 after buying an additional 992 shares in the last quarter. Tower Research Capital LLC TRC purchased a new stake in shares of ZTO Express (Cayman) in the second quarter worth about $65,000. Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of ZTO Express (Cayman) in the second quarter worth about $71,000. Voya Financial Advisors Inc. lifted its holdings in shares of ZTO Express (Cayman) by 6.4% in the third quarter. Voya Financial Advisors Inc. now owns 11,032 shares of the transportation company’s stock worth $227,000 after buying an additional 660 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. lifted its holdings in shares of ZTO Express (Cayman) by 8.6% in the third quarter. Vestmark Advisory Solutions Inc. now owns 11,666 shares of the transportation company’s stock worth $249,000 after buying an additional 919 shares in the last quarter. 39.40% of the stock is currently owned by hedge funds and other institutional investors.

ZTO Express (Cayman) Company Profile

ZTO Express (Cayman) Inc provides express delivery and other value-added logistics services in the People's Republic of China. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2017, it operated a fleet of approximately 3,600 self-owned trucks.

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