ZTO Express (Cayman) (NYSE:ZTO) Releases Earnings Results, Beats Estimates By $0.01 EPS

ZTO Express (Cayman) (NYSE:ZTO) issued its quarterly earnings data on Thursday. The transportation company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.01, Morningstar.com reports. The company had revenue of $5.42 billion for the quarter, compared to analyst estimates of $5.51 billion. ZTO Express (Cayman) had a net margin of 24.23% and a return on equity of 13.28%. ZTO Express (Cayman)’s revenue was up 29.2% compared to the same quarter last year. During the same period last year, the company posted $2.07 earnings per share.

ZTO stock traded up $0.44 during trading on Friday, hitting $19.54. 217,225 shares of the company’s stock traded hands, compared to its average volume of 2,186,969. The firm has a market capitalization of $9.65 billion, a P/E ratio of 25.39 and a beta of 0.83. The business has a fifty day simple moving average of $19.47 and a two-hundred day simple moving average of $18.99. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 0.02. ZTO Express has a 1 year low of $14.69 and a 1 year high of $21.36.

ZTO has been the topic of several research reports. TheStreet raised shares of ZTO Express (Cayman) from a “c+” rating to a “b” rating in a report on Thursday, May 16th. Zacks Investment Research lowered shares of ZTO Express (Cayman) from a “hold” rating to a “sell” rating in a report on Monday, May 20th. Finally, UBS Group raised shares of ZTO Express (Cayman) from a “neutral” rating to a “buy” rating in a report on Tuesday, April 23rd.



Hedge funds have recently modified their holdings of the stock. US Bancorp DE boosted its stake in ZTO Express (Cayman) by 137.8% in the second quarter. US Bancorp DE now owns 1,712 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 992 shares in the last quarter. Tower Research Capital LLC TRC acquired a new stake in ZTO Express (Cayman) in the second quarter valued at approximately $65,000. Advisors Asset Management Inc. boosted its stake in ZTO Express (Cayman) by 255.2% in the first quarter. Advisors Asset Management Inc. now owns 3,779 shares of the transportation company’s stock valued at $69,000 after acquiring an additional 2,715 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new stake in ZTO Express (Cayman) in the second quarter valued at approximately $71,000. Finally, Manchester Financial Inc. acquired a new stake in ZTO Express (Cayman) in the second quarter valued at approximately $108,000. 38.94% of the stock is currently owned by institutional investors.

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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Earnings History for ZTO Express (Cayman) (NYSE:ZTO)

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