Zto Express Inc (NYSE:ZTO) is set to announce its earnings results after the market closes on Tuesday, August 22nd. Analysts expect the company to announce earnings of $0.14 per share for the quarter.

Zto Express (NYSE:ZTO) last posted its quarterly earnings results on Wednesday, May 17th. The transportation company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. The business had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.58 billion. Zto Express’s quarterly revenue was up 33.5% compared to the same quarter last year. On average, analysts expect Zto Express to post $0.63 EPS for the current fiscal year and $0.83 EPS for the next fiscal year.

Shares of Zto Express Inc (NYSE ZTO) opened at 13.67 on Tuesday. The stock has a 50 day moving average of $14.71 and a 200 day moving average of $13.73. Zto Express Inc has a 52-week low of $11.14 and a 52-week high of $18.45. The company has a market cap of $9.85 billion and a price-to-earnings ratio of 29.59.

ZTO has been the topic of a number of recent analyst reports. HSBC Holdings plc initiated coverage on shares of Zto Express in a report on Tuesday, August 8th. They set a “reduce” rating and a $12.50 price target on the stock. UBS AG started coverage on shares of Zto Express in a research note on Tuesday, July 11th. They issued a “buy” rating on the stock. CLSA started coverage on shares of Zto Express in a research note on Monday, June 26th. They issued a “sell” rating on the stock. Finally, Zacks Investment Research cut shares of Zto Express from a “hold” rating to a “sell” rating in a research note on Friday, May 26th. Three equities research analysts have rated the stock with a sell rating and six have issued a buy rating to the stock. Zto Express presently has an average rating of “Hold” and an average price target of $17.36.

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About Zto Express

ZTO Express (Cayman) Inc is an express delivery company in China. The Company provides express delivery service through its nationwide network, as well as other value-added logistics services. The Company provides its services for a range of online merchants and consumers transacting on the Chinese e-commerce platforms, such as Alibaba and JD.com.

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