ZTO Express (Cayman) Inc. (NYSE:ZTO) Receives $32.00 Consensus Price Target from Analysts

ZTO Express (Cayman) Inc. (NYSE:ZTO) has earned an average recommendation of “Buy” from the five analysts that are covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a buy rating. The average 1-year price objective among brokerages that have covered the stock in the last year is $32.00.

A number of brokerages have commented on ZTO. JPMorgan Chase & Co. cut their price objective on shares of ZTO Express (Cayman) from $37.00 to $30.00 and set an “overweight” rating for the company in a research report on Thursday, March 21st. HSBC cut their price objective on shares of ZTO Express (Cayman) from $32.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, March 21st. Bank of America upgraded shares of ZTO Express (Cayman) from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $22.00 to $29.00 in a research report on Thursday, March 21st. Finally, StockNews.com downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th.

Institutional Investors Weigh In On ZTO Express (Cayman)

A number of large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC grew its stake in ZTO Express (Cayman) by 31.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,278 shares of the transportation company’s stock valued at $70,000 after acquiring an additional 791 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in ZTO Express (Cayman) by 9.0% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 10,521 shares of the transportation company’s stock valued at $254,000 after acquiring an additional 872 shares during the last quarter. Signaturefd LLC grew its stake in ZTO Express (Cayman) by 17.4% in the 3rd quarter. Signaturefd LLC now owns 5,887 shares of the transportation company’s stock valued at $142,000 after acquiring an additional 872 shares during the last quarter. Janiczek Wealth Management LLC boosted its stake in shares of ZTO Express (Cayman) by 34.3% during the 3rd quarter. Janiczek Wealth Management LLC now owns 3,562 shares of the transportation company’s stock worth $86,000 after purchasing an additional 909 shares during the last quarter. Finally, DnB Asset Management AS boosted its stake in shares of ZTO Express (Cayman) by 5.3% during the 3rd quarter. DnB Asset Management AS now owns 21,035 shares of the transportation company’s stock worth $508,000 after purchasing an additional 1,054 shares during the last quarter. 41.65% of the stock is owned by institutional investors and hedge funds.

ZTO Express (Cayman) Trading Up 0.9 %

Shares of ZTO Express (Cayman) stock opened at $20.11 on Friday. The company has a fifty day simple moving average of $20.23 and a 200-day simple moving average of $20.77. ZTO Express has a 12-month low of $15.90 and a 12-month high of $30.05. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.12. The stock has a market cap of $12.20 billion, a price-to-earnings ratio of 13.59, a PEG ratio of 0.75 and a beta of -0.04.

ZTO Express (Cayman) (NYSE:ZTO) last issued its earnings results on Tuesday, March 19th. The transportation company reported $0.38 earnings per share (EPS) for the quarter. ZTO Express (Cayman) had a net margin of 22.70% and a return on equity of 15.24%. The business had revenue of $1.50 billion during the quarter. On average, equities analysts forecast that ZTO Express will post 1.69 EPS for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

The firm also recently disclosed an annual dividend, which will be paid on Monday, April 29th. Investors of record on Wednesday, April 10th will be paid a $0.61 dividend. The ex-dividend date is Tuesday, April 9th. This represents a yield of 2.82%. ZTO Express (Cayman)’s payout ratio is 41.22%.

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. It offers freight forwarding services; and delivery services for e-commerce and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.