ZTO Express (Cayman) (NYSE:ZTO) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 14th. Analysts expect ZTO Express (Cayman) to post earnings of $0.18 per share for the quarter.
ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings results on Wednesday, August 8th. The transportation company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The company had revenue of $634.41 million during the quarter. ZTO Express (Cayman) had a net margin of 26.08% and a return on equity of 15.45%. On average, analysts expect ZTO Express (Cayman) to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of ZTO stock opened at $16.49 on Wednesday. The stock has a market capitalization of $8.46 billion, a PE ratio of 23.90 and a beta of 0.28. ZTO Express has a one year low of $14.51 and a one year high of $22.67.
A number of brokerages have recently commented on ZTO. JPMorgan Chase & Co. lowered their price target on ZTO Express (Cayman) from $23.50 to $23.00 and set an “overweight” rating for the company in a research note on Friday, August 10th. Zacks Investment Research raised ZTO Express (Cayman) from a “sell” rating to a “hold” rating in a research note on Thursday, August 9th. ValuEngine cut ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research note on Thursday, September 6th. Finally, TheStreet raised ZTO Express (Cayman) from a “c” rating to a “b-” rating in a research note on Thursday, November 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $22.50.
An institutional investor recently raised its position in ZTO Express (Cayman) stock. Bank of New York Mellon Corp grew its stake in ZTO Express (Cayman) Inc (NYSE:ZTO) by 12.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,744 shares of the transportation company’s stock after acquiring an additional 8,498 shares during the quarter. Bank of New York Mellon Corp’s holdings in ZTO Express (Cayman) were worth $1,515,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 30.43% of the company’s stock.
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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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