Shares of ZTO Express (Cayman) Inc (NYSE:ZTO) have received an average recommendation of “Buy” from the six analysts that are presently covering the stock. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $18.80.
A number of research analysts have recently commented on ZTO shares. Zacks Investment Research cut shares of ZTO Express (Cayman) from a “hold” rating to a “sell” rating in a report on Friday, March 3rd. Vetr cut shares of ZTO Express (Cayman) from a “strong-buy” rating to a “buy” rating and set a $16.00 price target on the stock. in a report on Monday, February 27th.
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Cutter & CO Brokerage Inc. acquired a new position in shares of ZTO Express (Cayman) during the fourth quarter valued at about $121,000. Seven Eight Capital LP acquired a new position in shares of ZTO Express (Cayman) during the fourth quarter valued at about $121,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of ZTO Express (Cayman) during the first quarter valued at about $137,000. Wells Fargo & Company MN boosted its position in shares of ZTO Express (Cayman) by 68.1% in the first quarter. Wells Fargo & Company MN now owns 12,292 shares of the transportation company’s stock valued at $160,000 after buying an additional 4,979 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of ZTO Express (Cayman) during the first quarter valued at about $212,000.
ZTO Express (NYSE:ZTO) opened at 14.44 on Monday. The firm has a market cap of $10.40 billion and a price-to-earnings ratio of 32.09. ZTO Express has a 12-month low of $11.14 and a 12-month high of $18.45. The company has a 50-day moving average of $13.42 and a 200 day moving average of $13.37.
ZTO Express (Cayman) (NYSE:ZTO) last posted its quarterly earnings data on Wednesday, May 17th. The transportation company reported $0.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.01. The firm had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.58 billion. The company’s revenue for the quarter was up 33.5% compared to the same quarter last year. Equities analysts expect that ZTO Express will post $0.61 EPS for the current fiscal year.
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ZTO Express (Cayman) Company Profile
ZTO Express (Cayman) Inc is an express delivery company in China. The Company provides express delivery service through its nationwide network, as well as other value-added logistics services. The Company provides its services for a range of online merchants and consumers transacting on the Chinese e-commerce platforms, such as Alibaba and JD.com.
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