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

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) have been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $22.36.

A number of equities analysts have recently issued reports on ZTO shares. Zacks Research downgraded ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 7th. Weiss Ratings reissued a “hold (c)” rating on shares of ZTO Express (Cayman) in a research note on Monday, December 29th. Finally, Wall Street Zen raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Saturday.

Hedge Funds Weigh In On ZTO Express (Cayman)

Several large investors have recently added to or reduced their stakes in the business. Leonteq Securities AG purchased a new stake in shares of ZTO Express (Cayman) in the fourth quarter worth approximately $30,000. Smartleaf Asset Management LLC grew its holdings in 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 worth $36,000 after buying an additional 769 shares in the last quarter. First Horizon Corp purchased a new stake in ZTO Express (Cayman) in the 3rd quarter valued at $40,000. CWM LLC lifted its stake in ZTO Express (Cayman) by 42.2% during the 3rd quarter. CWM LLC now owns 2,341 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 695 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in ZTO Express (Cayman) by 1,713.0% during the 4th quarter. Assetmark Inc. now owns 2,375 shares of the transportation company’s stock worth $50,000 after acquiring an additional 2,244 shares during the last quarter. Institutional investors own 41.65% of the company’s stock.

ZTO Express (Cayman) Stock Performance

ZTO Express (Cayman) stock opened at $24.13 on Monday. The stock has a market capitalization of $14.22 billion, a price-to-earnings ratio of 15.98, a PEG ratio of 4.46 and a beta of -0.18. ZTO Express has a 52-week low of $16.34 and a 52-week high of $24.14. The stock’s 50 day moving average price is $21.67 and its two-hundred day moving average price is $20.10.

ZTO Express (Cayman) (NYSE:ZTO) last released its quarterly earnings data on Thursday, November 20th. The transportation company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $2.51 by ($2.08). ZTO Express (Cayman) had a net margin of 18.61% and a return on equity of 14.33%. The business’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.90 earnings per share. On average, equities research analysts forecast that ZTO Express will post 1.57 EPS for the current year.

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.