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

ZTO Express (Cayman) Inc. (NYSE:ZTO) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $22.36.

ZTO has been the subject of a number of recent analyst reports. Zacks Research cut shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Wall Street Zen raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of ZTO Express (Cayman) in a research report on Monday, December 29th.

ZTO Express (Cayman) Stock Performance

ZTO opened at $24.13 on Monday. The company has a fifty day moving average price of $21.67 and a two-hundred day moving average price of $20.11. The firm has a market capitalization of $14.22 billion, a PE ratio of 15.98, a P/E/G ratio of 4.54 and a beta of -0.18. ZTO Express has a 52 week low of $16.34 and a 52 week high of $24.14.

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

Institutional Trading of ZTO Express (Cayman)

Several hedge funds and other institutional investors have recently modified their holdings of the company. Leonteq Securities AG bought a new position in shares of ZTO Express (Cayman) during the fourth quarter worth about $30,000. Smartleaf Asset Management LLC raised its stake in shares of ZTO Express (Cayman) by 61.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,021 shares of the transportation company’s stock worth $36,000 after purchasing an additional 769 shares in the last quarter. First Horizon Corp acquired a new stake in shares of ZTO Express (Cayman) in the 3rd quarter valued at approximately $40,000. CWM LLC raised its position in ZTO Express (Cayman) by 42.2% during the third quarter. CWM LLC now owns 2,341 shares of the transportation company’s stock worth $45,000 after acquiring an additional 695 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in ZTO Express (Cayman) by 1,713.0% in the fourth quarter. Assetmark Inc. now owns 2,375 shares of the transportation company’s stock valued at $50,000 after acquiring an additional 2,244 shares during the last quarter. Institutional investors and hedge funds own 41.65% of the company’s stock.

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.