ZTO Express (Cayman) Inc. (NYSE:ZTO) Given Average Rating of “Buy” by Analysts

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) have received a consensus recommendation of “Buy” from the five analysts that are currently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokerages that have covered the stock in the last year is $32.00.

A number of analysts have recently weighed in on the stock. Bank of America raised shares of ZTO Express (Cayman) from a “neutral” rating to a “buy” rating and upped their price target for the stock from $22.00 to $29.00 in a report on Thursday, March 21st. StockNews.com lowered ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research note on Tuesday, February 6th. HSBC reduced their price objective on ZTO Express (Cayman) from $32.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, March 21st. Finally, JPMorgan Chase & Co. lowered their target price on ZTO Express (Cayman) from $37.00 to $30.00 and set an “overweight” rating for the company in a research note on Thursday, March 21st.

Institutional Trading of ZTO Express (Cayman)

A number of institutional investors and hedge funds have recently bought and sold shares of ZTO. BlackRock Inc. boosted its position in shares of ZTO Express (Cayman) by 10.0% during the 1st quarter. BlackRock Inc. now owns 19,764,920 shares of the transportation company’s stock valued at $566,463,000 after purchasing an additional 1,796,713 shares in the last quarter. Green Court Capital Management Ltd grew its position in ZTO Express (Cayman) by 19.1% in the 4th quarter. Green Court Capital Management Ltd now owns 10,014,230 shares of the transportation company’s stock valued at $213,103,000 after purchasing an additional 1,607,986 shares during the period. Schroder Investment Management Group increased its stake in ZTO Express (Cayman) by 68.4% during the 3rd quarter. Schroder Investment Management Group now owns 8,260,456 shares of the transportation company’s stock valued at $199,655,000 after purchasing an additional 3,353,753 shares in the last quarter. FMR LLC raised its holdings in ZTO Express (Cayman) by 2,862.2% during the third quarter. FMR LLC now owns 7,435,471 shares of the transportation company’s stock worth $179,715,000 after buying an additional 7,184,463 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of ZTO Express (Cayman) by 0.9% in the first quarter. State Street Corp now owns 6,877,188 shares of the transportation company’s stock valued at $197,100,000 after buying an additional 59,101 shares in the last quarter. 41.65% of the stock is currently owned by institutional investors and hedge funds.

ZTO Express (Cayman) Trading Down 0.3 %

Shares of ZTO stock opened at $19.94 on Friday. The stock has a 50 day simple moving average of $20.17 and a 200 day simple moving average of $20.84. ZTO Express has a 1 year low of $15.90 and a 1 year high of $30.05. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.12. The stock has a market cap of $12.10 billion, a P/E ratio of 13.47, a price-to-earnings-growth ratio of 0.73 and a beta of -0.04.

ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings results on Tuesday, March 19th. The transportation company reported $0.38 EPS for the quarter. The company had revenue of $1.50 billion for the quarter. ZTO Express (Cayman) had a return on equity of 15.24% and a net margin of 22.70%. On average, research analysts predict that ZTO Express will post 1.69 earnings per share for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

The firm also recently announced an annual dividend, which will be paid on Monday, April 29th. Shareholders of record on Wednesday, April 10th will be issued a dividend of $0.61 per share. This represents a yield of 2.82%. The ex-dividend date of this dividend is Tuesday, April 9th. ZTO Express (Cayman)’s payout ratio is 41.22%.

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. It offers freight forwarding services; and delivery services for e-commerce and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.