ZTO Express (Cayman) (ZTO) Expected to Announce Earnings on Tuesday

ZTO Express (Cayman) (NYSE:ZTO) will likely be releasing its earnings data after the market closes on Tuesday, March 18th. Analysts expect ZTO Express (Cayman) to post earnings of $0.47 per share and revenue of $11.73 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

ZTO Express (Cayman) Stock Performance

NYSE:ZTO opened at $19.99 on Friday. The company has a 50-day moving average of $19.34 and a 200-day moving average of $20.98. The company has a market capitalization of $12.08 billion, a price-to-earnings ratio of 13.78, a PEG ratio of 1.03 and a beta of -0.13. ZTO Express has a 52 week low of $17.89 and a 52 week high of $27.50.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ZTO. StockNews.com raised shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a report on Tuesday, January 14th. Hsbc Global Res downgraded shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, HSBC downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $28.00 to $20.00 in a report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $24.53.

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.