ZTO Express (Cayman) (NYSE:ZTO) will post its quarterly earnings results after the market closes on Wednesday, November 14th. Analysts expect ZTO Express (Cayman) to post earnings of $0.18 per share for the quarter.
ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings results on Wednesday, August 8th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.01). The company had revenue of $634.41 million for the quarter. ZTO Express (Cayman) had a return on equity of 15.45% and a net margin of 26.08%. On average, analysts expect ZTO Express (Cayman) to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of NYSE ZTO opened at $16.49 on Wednesday. The stock has a market cap of $8.46 billion, a P/E ratio of 23.90 and a beta of 0.28. ZTO Express has a 12-month low of $14.51 and a 12-month high of $22.67.
Several research analysts recently issued reports on the stock. TheStreet upgraded shares of ZTO Express (Cayman) from a “c” rating to a “b-” rating in a research report on Thursday, November 1st. ValuEngine downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research report on Thursday, September 6th. JPMorgan Chase & Co. reduced their price target on shares of ZTO Express (Cayman) from $23.50 to $23.00 and set an “overweight” rating on the stock in a research report on Friday, August 10th. Finally, Zacks Investment Research upgraded shares of ZTO Express (Cayman) from a “sell” rating to a “hold” rating in a research report on Thursday, August 9th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. ZTO Express (Cayman) presently has an average rating of “Hold” and a consensus price target of $22.50.
An institutional investor recently raised its position in ZTO Express (Cayman) stock. Bank of New York Mellon Corp increased its stake in shares of ZTO Express (Cayman) Inc (NYSE:ZTO) by 12.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,744 shares of the transportation company’s stock after buying an additional 8,498 shares during the period. Bank of New York Mellon Corp’s holdings in ZTO Express (Cayman) were worth $1,515,000 at the end of the most recent quarter. 30.43% of the stock is currently owned by hedge funds and other institutional investors.
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. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2017, it operated a fleet of approximately 3,600 self-owned trucks.
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