ZTO Express (Cayman) Inc. (ZTO) - What Are Brokerages Saying About This Stock?

Key Points

• Analyst sentiment is moderately bullish: Five brokerages give ZTO Express a consensus “Moderate Buy” rating, with an average 12-month price target of $26.05. Recent actions were mixed, including JPMorgan’s downgrade to “neutral” and Wall Street Zen’s upgrade to “buy.”
• ZTO shares were trading at $20.14, near the lower end of their 52-week range of $18.11 to $26.20. The company has a market capitalization of about $11.23 billion and institutional investors own 41.65% of its stock.
• Quarterly results exceeded earnings expectations: ZTO reported EPS of $0.56 versus the $0.50 consensus estimate, while revenue rose 23% year over year to $2.14 billion, slightly below forecasts.

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the five ratings firms that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $26.05.

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. downgraded ZTO Express (Cayman) from an "overweight" rating to a "neutral" rating and lowered their price target for the stock from $29.00 to $22.00 in a research report on Thursday, September 3rd. Zacks Research cut shares of ZTO Express (Cayman) from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 5th. Wall Street Zen raised shares of ZTO Express (Cayman) from a "hold" rating to a "buy" rating in a research note on Sunday, September 27th. Finally, Weiss Ratings lowered shares of ZTO Express (Cayman) from a "hold (c+)" rating to a "hold (c)" rating in a report on Monday, August 31st.

Institutional Trading of ZTO Express (Cayman)

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new stake in ZTO Express (Cayman) in the fourth quarter worth about $42,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of ZTO Express (Cayman) by 2,225.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,604 shares of the transportation company's stock valued at $81,000 after buying an additional 3,449 shares during the last quarter. Bayforest Capital Ltd purchased a new stake in shares of ZTO Express (Cayman) in the second quarter worth approximately $129,000. Parallel Advisors LLC lifted its stake in shares of ZTO Express (Cayman) by 58.4% during the 1st quarter. Parallel Advisors LLC now owns 5,276 shares of the transportation company's stock worth $133,000 after acquiring an additional 1,946 shares during the last quarter. Finally, Cetera Investment Advisers bought a new stake in shares of ZTO Express (Cayman) during the 1st quarter worth approximately $212,000. 41.65% of the stock is owned by hedge funds and other institutional investors.

ZTO Express (Cayman) Trading Up 1.2%

Shares of NYSE ZTO opened at $20.14 on Friday. ZTO Express has a 1-year low of $18.11 and a 1-year high of $26.20. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.67 and a quick ratio of 1.67. The business's 50 day moving average is $21.20 and its two-hundred day moving average is $22.90. The stock has a market capitalization of $11.23 billion, a P/E ratio of 10.83, a PEG ratio of 0.96 and a beta of -0.19.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last posted its quarterly earnings data on Saturday, August 15th. The transportation company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.06. The business had revenue of $2.14 billion during the quarter, compared to analyst estimates of $2.15 billion. ZTO Express (Cayman) had a return on equity of 15.90% and a net margin of 19.03%. The firm's revenue was up 23.0% compared to the same quarter last year. As a group, research analysts expect that ZTO Express will post 1.91 EPS for the current year.

About ZTO Express (Cayman)

ZTO Express (Cayman) Inc is a China-based express delivery and logistics company. Through its network of sorting centers, transportation routes and service outlets, the company provides parcel collection, sorting, line-haul transportation and last-mile delivery services for e-commerce merchants, businesses and individual customers.

The company also offers related logistics services, including freight delivery, supply-chain solutions, international logistics and cloud-based warehouse services.

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