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

ZTO Express (Cayman) Inc. (NYSE:ZTO) has received an average rating of “Moderate Buy” from the five research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $28.18.

Several brokerages recently commented on ZTO. Bank of America boosted their price target on ZTO Express (Cayman) from $25.20 to $26.90 and gave the stock a “buy” rating in a research report on Monday, June 17th. JPMorgan Chase & Co. dropped their price target on 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. Macquarie cut ZTO Express (Cayman) from an “outperform” rating to a “neutral” rating and set a $21.20 price target for the company. in a research report on Wednesday, June 26th. Finally, HSBC dropped their price target on 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.

ZTO Express (Cayman) Trading Up 0.9 %

Shares of NYSE:ZTO opened at $20.76 on Thursday. ZTO Express has a 12-month low of $15.90 and a 12-month high of $28.04. The company has a market capitalization of $12.60 billion, a PE ratio of 14.62, a PEG ratio of 0.97 and a beta of -0.12. The business has a 50 day moving average of $22.36 and a two-hundred day moving average of $20.52. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.12.

ZTO Express (Cayman) (NYSE:ZTO) last posted its quarterly earnings data on Wednesday, May 15th. The transportation company reported $0.32 EPS for the quarter. The business had revenue of $1.38 billion during the quarter. ZTO Express (Cayman) had a return on equity of 15.39% and a net margin of 21.57%. As a group, analysts forecast that ZTO Express will post 1.7 EPS for the current year.

Hedge Funds Weigh In On ZTO Express (Cayman)

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EntryPoint Capital LLC purchased a new position in shares of ZTO Express (Cayman) during the 1st quarter worth $43,000. Tower Research Capital LLC TRC grew its holdings in shares of ZTO Express (Cayman) by 31.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,278 shares of the transportation company’s stock worth $70,000 after purchasing an additional 791 shares during the period. Blue Trust Inc. grew its holdings in shares of ZTO Express (Cayman) by 1,333.1% during the 4th quarter. Blue Trust Inc. now owns 4,973 shares of the transportation company’s stock worth $106,000 after purchasing an additional 4,626 shares during the period. Barometer Capital Management Inc. purchased a new position in shares of ZTO Express (Cayman) during the 4th quarter worth $126,000. Finally, U S Global Investors Inc. grew its holdings in shares of ZTO Express (Cayman) by 50.6% during the 4th quarter. U S Global Investors Inc. now owns 6,636 shares of the transportation company’s stock worth $141,000 after purchasing an additional 2,231 shares during the period. Institutional investors and hedge funds own 41.65% of the company’s stock.

About ZTO Express (Cayman)

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.