ZTO Express (Cayman) Inc. (NYSE:ZTO) Receives Consensus Rating of "Buy" from Brokerages

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO - Get Free Report) have earned an average rating of "Buy" from the four ratings firms that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokerages that have covered the stock in the last year is $30.00.

ZTO has been the topic of several recent research reports. Bank of America upgraded shares of ZTO Express (Cayman) from a "neutral" rating to a "buy" rating and increased their price target for the stock from $22.00 to $29.00 in a research report on Thursday, March 21st. JPMorgan Chase & Co. reduced their price objective on shares of ZTO Express (Cayman) from $37.00 to $30.00 and set an "overweight" rating for the company in a research note on Thursday, March 21st. StockNews.com cut shares of ZTO Express (Cayman) from a "buy" rating to a "hold" rating in a research note on Tuesday, February 6th. Finally, HSBC reduced their price objective on shares of ZTO Express (Cayman) from $32.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, March 21st.

Hedge Funds Weigh In On ZTO Express (Cayman)

Institutional investors have recently bought and sold shares of the stock. EntryPoint Capital LLC purchased a new position in ZTO Express (Cayman) during the first quarter valued at $43,000. Tower Research Capital LLC TRC lifted its position in ZTO Express (Cayman) by 31.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,278 shares of the transportation company's stock valued at $70,000 after purchasing an additional 791 shares during the last quarter. Blue Trust Inc. lifted its position in ZTO Express (Cayman) by 1,333.1% during the fourth quarter. Blue Trust Inc. now owns 4,973 shares of the transportation company's stock valued at $106,000 after purchasing an additional 4,626 shares during the last quarter. Barometer Capital Management Inc. bought a new position in ZTO Express (Cayman) during the fourth quarter valued at $126,000. Finally, U S Global Investors Inc. lifted its position in ZTO Express (Cayman) by 50.6% during the fourth quarter. U S Global Investors Inc. now owns 6,636 shares of the transportation company's stock valued at $141,000 after purchasing an additional 2,231 shares during the last quarter. 41.65% of the stock is owned by hedge funds and other institutional investors.

ZTO Express (Cayman) Stock Performance

ZTO traded down $0.17 during trading on Wednesday, hitting $21.41. The company's stock had a trading volume of 4,113,912 shares, compared to its average volume of 4,292,509. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.12. ZTO Express has a one year low of $15.90 and a one year high of $30.05. The firm has a market cap of $12.99 billion, a PE ratio of 14.47, a P/E/G ratio of 1.33 and a beta of -0.05. The business's 50 day simple moving average is $20.91 and its 200-day simple moving average is $20.46.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last released its quarterly earnings results on Tuesday, March 19th. The transportation company reported $0.38 earnings per share for the quarter. ZTO Express (Cayman) had a net margin of 22.70% and a return on equity of 15.24%. The business had revenue of $1.50 billion for the quarter. As a group, sell-side analysts predict that ZTO Express will post 1.7 EPS for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

The business also recently announced an annual dividend, which was paid on Monday, April 29th. Investors of record on Wednesday, April 10th were paid a dividend of $0.61 per share. The ex-dividend date of this dividend was Tuesday, April 9th. This represents a yield of 2.82%. ZTO Express (Cayman)'s payout ratio is 41.22%.

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. 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.