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

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) have earned an average rating of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $27.0333.

Several research analysts have commented on ZTO shares. Weiss Ratings lowered ZTO Express (Cayman) from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. raised their price objective on ZTO Express (Cayman) from $25.00 to $29.00 and gave the company an “overweight” rating in a research report on Monday, April 13th. Morgan Stanley reissued an “overweight” rating and issued a $30.10 price objective on shares of ZTO Express (Cayman) in a research report on Wednesday, May 20th. Wall Street Zen raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, Zacks Research lowered ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 29th.

ZTO Express (Cayman) Trading Down 1.1%

NYSE:ZTO opened at $22.27 on Friday. The business’s 50-day moving average is $24.32 and its two-hundred day moving average is $23.07. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.64 and a quick ratio of 1.64. ZTO Express has a 12 month low of $17.03 and a 12 month high of $26.20. The firm has a market capitalization of $12.55 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 0.87 and a beta of -0.22.

ZTO Express (Cayman) (NYSE:ZTO) last released its quarterly earnings data on Saturday, February 14th. The transportation company reported $0.47 EPS for the quarter. ZTO Express (Cayman) had a return on equity of 14.23% and a net margin of 17.87%.The company had revenue of $2.07 billion for the quarter. Research analysts predict that ZTO Express will post 1.89 earnings per share for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 8th were given a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, April 8th. This represents a yield of 318.0%. ZTO Express (Cayman)’s dividend payout ratio (DPR) is 46.63%.

Institutional Trading of ZTO Express (Cayman)

Large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd acquired a new stake in shares of ZTO Express (Cayman) during the fourth quarter valued at about $25,000. Leonteq Securities AG acquired a new stake in shares of ZTO Express (Cayman) during the fourth quarter valued at about $30,000. Atlas Capital Advisors Inc. acquired a new stake in shares of ZTO Express (Cayman) during the fourth quarter valued at about $35,000. Smartleaf Asset Management LLC grew its stake in shares of ZTO Express (Cayman) by 61.4% during the second quarter. Smartleaf Asset Management LLC now owns 2,021 shares of the transportation company’s stock valued at $36,000 after acquiring an additional 769 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of ZTO Express (Cayman) by 1,713.0% during the fourth quarter. Assetmark Inc. now owns 2,375 shares of the transportation company’s stock valued at $50,000 after acquiring an additional 2,244 shares in the last quarter. 41.65% of the stock is currently owned by institutional investors and hedge funds.

ZTO Express (Cayman) Company Profile

ZTO Express (Cayman) Inc is one of China’s leading express delivery companies, specializing in both domestic and cross-border parcel logistics. The company operates a technology-enabled network that connects shippers, independent pickup and delivery stations, regional sorting hubs and end customers. ZTO’s service portfolio includes standard express, heavy-weight parcel delivery, time-definite shipments and e-commerce logistics solutions tailored for online retailers and marketplaces.

Founded in 2002 and headquartered in Shanghai, ZTO has grown rapidly by leveraging a franchise-style operating model that engages a broad network of independent contractors.