$0.24 EPS Expected for ZTO Express (Cayman) Inc (ZTO) This Quarter

Brokerages expect that ZTO Express (Cayman) Inc (NYSE:ZTO) will report $0.24 earnings per share for the current quarter, Zacks reports. Zero analysts have provided estimates for ZTO Express (Cayman)’s earnings. ZTO Express (Cayman) reported earnings per share of $0.15 during the same quarter last year, which would indicate a positive year-over-year growth rate of 60%. The firm is expected to issue its next quarterly earnings results on Monday, February 26th.

On average, analysts expect that ZTO Express (Cayman) will report full-year earnings of $0.58 per share for the current year. For the next fiscal year, analysts forecast that the company will report earnings of $0.80 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that follow ZTO Express (Cayman).

ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings results on Monday, November 20th. The transportation company reported $0.15 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.15. ZTO Express (Cayman) had a net margin of 22.47% and a return on equity of 13.22%.

A number of equities research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of ZTO Express (Cayman) from a “hold” rating to a “sell” rating in a report on Saturday, December 23rd. Daiwa Capital Markets assumed coverage on shares of ZTO Express (Cayman) in a report on Thursday, November 2nd. They issued a “buy” rating and a $18.50 price target for the company. Finally, UBS Group downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “neutral” rating in a report on Friday, November 24th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $16.08.

Shares of ZTO Express (ZTO) traded up $0.08 during midday trading on Monday, reaching $15.92. 1,378,670 shares of the company’s stock were exchanged, compared to its average volume of 2,515,609. ZTO Express has a 52 week low of $11.14 and a 52 week high of $18.08. The firm has a market cap of $8,034.42, a P/E ratio of 28.95 and a beta of 0.15.

Hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC acquired a new stake in ZTO Express (Cayman) during the 2nd quarter worth about $170,000. Profund Advisors LLC acquired a new stake in ZTO Express (Cayman) during the 2nd quarter worth about $176,000. Wells Fargo & Company MN raised its holdings in ZTO Express (Cayman) by 7.4% during the 2nd quarter. Wells Fargo & Company MN now owns 13,199 shares of the transportation company’s stock worth $184,000 after buying an additional 907 shares during the period. Cubist Systematic Strategies LLC raised its holdings in ZTO Express (Cayman) by 211.0% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 13,400 shares of the transportation company’s stock worth $188,000 after buying an additional 9,091 shares during the period. Finally, GSA Capital Partners LLP acquired a new stake in ZTO Express (Cayman) during the 3rd quarter worth about $214,000. Hedge funds and other institutional investors own 24.55% of the company’s stock.

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ZTO Express (Cayman) Company Profile

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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