Brokerages Set ZTO Express (Cayman) Inc. (NYSE:ZTO) PT at $28.18

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) have earned an average rating of “Moderate Buy” from the five brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $28.18.

Several equities analysts have recently issued reports on ZTO shares. Bank of America lifted their target price on shares of ZTO Express (Cayman) from $25.20 to $26.90 and gave the company a “buy” rating in a report on Monday, June 17th. Macquarie lowered shares of ZTO Express (Cayman) from an “outperform” rating to a “neutral” rating and set a $21.20 target price for the company. in a report on Wednesday, June 26th.

Institutional Investors Weigh In On ZTO Express (Cayman)

Institutional investors and hedge funds have recently made changes to their positions in the company. EntryPoint Capital LLC bought a new stake in shares of ZTO Express (Cayman) during the first quarter valued at approximately $43,000. First Horizon Advisors Inc. bought a new stake in shares of ZTO Express (Cayman) during the second quarter valued at approximately $45,000. Tower Research Capital LLC TRC increased its position in shares of 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 acquiring an additional 791 shares in the last quarter. Blue Trust Inc. grew its position in ZTO Express (Cayman) by 1,333.1% in the 4th quarter. Blue Trust Inc. now owns 4,973 shares of the transportation company’s stock worth $106,000 after purchasing an additional 4,626 shares during the period. Finally, Barometer Capital Management Inc. bought a new stake in ZTO Express (Cayman) in the 4th quarter worth approximately $126,000. Institutional investors own 41.65% of the company’s stock.

ZTO Express (Cayman) Stock Performance

Shares of ZTO opened at $18.32 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.15 and a quick ratio of 1.15. ZTO Express has a one year low of $15.90 and a one year high of $27.19. The company has a 50-day simple moving average of $21.23 and a two-hundred day simple moving average of $20.46. The firm has a market capitalization of $11.12 billion, a PE ratio of 12.90, a price-to-earnings-growth ratio of 0.88 and a beta of -0.12.

ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings data on Wednesday, May 15th. The transportation company reported $0.32 EPS for the quarter. ZTO Express (Cayman) had a net margin of 21.57% and a return on equity of 15.39%. The business had revenue of $1.38 billion during the quarter. On average, analysts anticipate that ZTO Express will post 1.7 EPS for the current fiscal year.

About ZTO Express (Cayman)

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.