ZTO Express (Cayman) Inc (ZTO) Given Average Rating of “Hold” by Brokerages

Shares of ZTO Express (Cayman) Inc (NYSE:ZTO) have been assigned an average recommendation of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $20.75.

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered their target price on shares of ZTO Express (Cayman) from $23.50 to $23.00 and set an “overweight” rating on the stock in a research report on Friday, August 10th. Zacks Investment Research upgraded shares of ZTO Express (Cayman) from a “sell” rating to a “hold” rating in a research report on Thursday, August 9th. Finally, ValuEngine lowered shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research report on Thursday, September 6th.

Institutional investors and hedge funds have recently made changes to their positions in the company. Barings LLC purchased a new position in ZTO Express (Cayman) in the 3rd quarter valued at $873,000. Truvestments Capital LLC purchased a new position in ZTO Express (Cayman) in the 3rd quarter valued at $114,000. Cornerstone Wealth Management LLC purchased a new position in ZTO Express (Cayman) in the 3rd quarter valued at $275,000. KEYWISE CAPITAL MANAGEMENT Ltd purchased a new position in ZTO Express (Cayman) in the 3rd quarter valued at $558,000. Finally, Dorsey Wright & Associates purchased a new position in ZTO Express (Cayman) in the 3rd quarter valued at $5,436,000. Institutional investors and hedge funds own 29.95% of the company’s stock.



ZTO stock traded down $0.08 during midday trading on Friday, reaching $15.48. 1,728,414 shares of the company were exchanged, compared to its average volume of 1,691,692. ZTO Express has a 1-year low of $14.51 and a 1-year high of $22.67. The stock has a market cap of $7.85 billion, a P/E ratio of 22.43 and a beta of 0.28.

ZTO Express (Cayman) (NYSE:ZTO) last announced its earnings results on Wednesday, August 8th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The business had revenue of $634.41 million for the quarter. ZTO Express (Cayman) had a return on equity of 15.45% and a net margin of 26.08%. On average, equities analysts predict that ZTO Express will post 0.76 EPS for the current year.

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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