ZTO Express (Cayman) (ZTO) to Release Quarterly Earnings on Tuesday

ZTO Express (Cayman) (NYSE:ZTO) is projected to announce its earnings results after the market closes on Tuesday, March 18th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $11.73 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

ZTO Express (Cayman) Stock Performance

Shares of ZTO stock opened at $19.99 on Monday. The stock’s fifty day moving average is $19.34 and its two-hundred day moving average is $20.98. The firm has a market capitalization of $12.08 billion, a P/E ratio of 13.78, a PEG ratio of 1.03 and a beta of -0.13. ZTO Express has a fifty-two week low of $17.89 and a fifty-two week high of $27.50.

Analysts Set New Price Targets

A number of research analysts have weighed in on ZTO shares. StockNews.com upgraded ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a report on Tuesday, January 14th. Hsbc Global Res lowered ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, HSBC lowered ZTO Express (Cayman) from a “buy” rating to a “hold” rating and reduced their price target for the stock from $28.00 to $20.00 in a report on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, ZTO Express (Cayman) currently has an average rating of “Moderate Buy” and an average target price of $24.53.

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.