Equities research analysts expect ZTO Express (Cayman) Inc. (NYSE:ZTO) to report earnings of $0.18 per share for the current quarter, Zacks reports. Zero analysts have provided estimates for ZTO Express (Cayman)'s earnings. ZTO Express (Cayman) posted earnings per share of $0.12 during the same quarter last year, which would suggest a positive year-over-year growth rate of 50%. The company is scheduled to issue its next quarterly earnings report on Wednesday, May 19th.
According to Zacks, analysts expect that ZTO Express (Cayman) will report full year earnings of $0.91 per share for the current financial year. For the next year, analysts anticipate that the firm will report earnings of $1.10 per share, with EPS estimates ranging from $1.03 to $1.16. Zacks Investment Research's earnings per share averages are a mean average based on a survey of research analysts that cover ZTO Express (Cayman).
ZTO Express (Cayman) (NYSE:ZTO) last announced its earnings results on Tuesday, March 16th. The transportation company reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.23). ZTO Express (Cayman) had a net margin of 24.38% and a return on equity of 13.35%.
Separately, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $30.00 price objective (down from $37.00) on shares of ZTO Express (Cayman) in a research report on Monday, March 29th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company's stock. The stock currently has an average rating of "Hold" and an average target price of $29.33.
Shares of ZTO Express (Cayman) stock traded down $0.87 during trading on Wednesday, reaching $29.31. The company's stock had a trading volume of 58,073 shares, compared to its average volume of 3,865,498. The business has a 50 day moving average price of $30.53 and a 200-day moving average price of $30.82. ZTO Express has a 12-month low of $26.44 and a 12-month high of $38.99. The company has a market capitalization of $19.03 billion, a P/E ratio of 29.67, a price-to-earnings-growth ratio of 2.81 and a beta of 0.33.
The firm also recently announced a -- dividend, which will be paid on Thursday, April 22nd. Investors of record on Thursday, April 8th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, April 7th.
Institutional investors and hedge funds have recently bought and sold shares of the business. Huntington National Bank increased its stake in shares of ZTO Express (Cayman) by 55.5% during the 1st quarter. Huntington National Bank now owns 1,564 shares of the transportation company's stock valued at $46,000 after acquiring an additional 558 shares during the last quarter. McCarthy Asset Management Inc. purchased a new position in ZTO Express (Cayman) in the fourth quarter valued at about $48,000. GVO Asset Management Ltd acquired a new position in shares of ZTO Express (Cayman) during the fourth quarter worth about $90,000. Signaturefd LLC boosted its position in shares of ZTO Express (Cayman) by 74.2% in the fourth quarter. Signaturefd LLC now owns 3,933 shares of the transportation company's stock worth $115,000 after buying an additional 1,675 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in shares of ZTO Express (Cayman) in the fourth quarter valued at about $209,000. Institutional investors own 38.19% 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. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2019, it operated a fleet of approximately 6,450 self-owned trucks.
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