ZTO EXPRESS INC (NYSE:ZTO) has been assigned an average recommendation of “Buy” from the ten analysts that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $17.69.

A number of equities research analysts have issued reports on ZTO shares. HSBC Holdings plc started coverage on shares of ZTO EXPRESS INC in a report on Tuesday, August 8th. They set a “reduce” rating and a $12.50 target price on the stock. UBS AG started coverage on shares of ZTO EXPRESS INC in a report on Tuesday, July 11th. They set a “buy” rating on the stock. CLSA started coverage on shares of ZTO EXPRESS INC in a report on Monday, June 26th. They set a “sell” rating on the stock. Zacks Investment Research lowered shares of ZTO EXPRESS INC from a “hold” rating to a “sell” rating in a report on Wednesday, August 23rd. Finally, Macquarie started coverage on shares of ZTO EXPRESS INC in a report on Tuesday, September 19th. They set an “outperform” rating and a $17.30 target price on the stock.

Shares of ZTO EXPRESS INC (NYSE ZTO) traded down 1.16% during trading on Friday, reaching $14.47. 363,423 shares of the company traded hands. ZTO EXPRESS INC has a 52 week low of $12.01 and a 52 week high of $18.45. The firm’s 50 day moving average price is $14.69 and its 200-day moving average price is $14.69. The company has a market capitalization of $10.39 billion and a price-to-earnings ratio of 27.61.

ZTO EXPRESS INC (NYSE:ZTO) last released its earnings results on Tuesday, August 22nd. The transportation company reported $0.15 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.01. The company had revenue of $2.97 billion for the quarter, compared to analyst estimates of $3.02 billion. ZTO EXPRESS INC had a net margin of 22.54% and a return on equity of 14.83%. The firm’s revenue for the quarter was up 29.9% on a year-over-year basis. Equities analysts anticipate that ZTO EXPRESS INC will post $0.63 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in the business. Hillhouse Capital Management Ltd. purchased a new stake in shares of ZTO EXPRESS INC in the 2nd quarter valued at approximately $158,961,000. Green Court Capital Management Ltd purchased a new stake in shares of ZTO EXPRESS INC in the 2nd quarter valued at approximately $81,799,000. Lazard Asset Management LLC increased its position in shares of ZTO EXPRESS INC by 149.1% in the 2nd quarter. Lazard Asset Management LLC now owns 5,005,803 shares of the transportation company’s stock valued at $69,881,000 after purchasing an additional 2,996,086 shares during the last quarter. Davis Selected Advisers increased its position in shares of ZTO EXPRESS INC by 12.3% in the 2nd quarter. Davis Selected Advisers now owns 4,704,977 shares of the transportation company’s stock valued at $65,681,000 after purchasing an additional 517,045 shares during the last quarter. Finally, Neuberger Berman Group LLC purchased a new stake in shares of ZTO EXPRESS INC in the 1st quarter valued at approximately $59,961,000. 22.77% of the stock is currently owned by institutional investors.

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About ZTO EXPRESS INC

ZTO Express (Cayman) Inc is an express delivery company in China. The Company provides express delivery service through its nationwide network, as well as other value-added logistics services. The Company provides its services for a range of online merchants and consumers transacting on the Chinese e-commerce platforms, such as Alibaba and JD.com.

Analyst Recommendations for ZTO EXPRESS INC (NYSE:ZTO)

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