ValuEngine downgraded shares of ZTO Express (Cayman) (NYSE:ZTO) from a buy rating to a hold rating in a research note released on Thursday.

Several other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. decreased their price objective on shares of ZTO Express (Cayman) from $23.50 to $23.00 and set an overweight rating on the stock in a report on Friday, August 10th. Zacks Investment Research raised shares of ZTO Express (Cayman) from a sell rating to a hold rating in a report on Thursday, August 9th. Finally, CLSA raised shares of ZTO Express (Cayman) from a sell rating to an underperform rating in a report on Thursday, May 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The stock has an average rating of Hold and an average price target of $20.20.

ZTO opened at $17.46 on Thursday. The firm has a market cap of $8.72 billion, a price-to-earnings ratio of 25.30 and a beta of 0.16. ZTO Express has a 52-week low of $13.45 and a 52-week high of $22.67.

ZTO Express (Cayman) (NYSE:ZTO) last posted its quarterly earnings data on Wednesday, August 8th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.01). The company had revenue of $634.41 million for the quarter. ZTO Express (Cayman) had a net margin of 26.08% and a return on equity of 15.45%. equities research analysts predict that ZTO Express will post 0.77 EPS for the current year.

Large investors have recently bought and sold shares of the company. Point72 Asset Management L.P. acquired a new stake in ZTO Express (Cayman) during the first quarter worth about $117,000. Commonwealth Equity Services LLC acquired a new stake in shares of ZTO Express (Cayman) during the second quarter valued at about $205,000. Nomura Asset Management Co. Ltd. acquired a new stake in shares of ZTO Express (Cayman) during the first quarter valued at about $223,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of ZTO Express (Cayman) during the first quarter valued at about $225,000. Finally, Elite Wealth Management Inc. acquired a new stake in shares of ZTO Express (Cayman) during the second quarter valued at about $236,000. 30.29% of the stock is currently owned by hedge funds and other institutional investors.

About ZTO Express (Cayman)

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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Analyst Recommendations for ZTO Express (Cayman) (NYSE:ZTO)

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