ZTO Express (Cayman) (NYSE:ZTO) Announces Quarterly Earnings Results

ZTO Express (Cayman) (NYSE:ZTO) issued its quarterly earnings data on Tuesday. The transportation company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.03), Zacks reports. ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%.

ZTO Express (Cayman) Stock Performance

Shares of ZTO Express (Cayman) stock opened at $21.33 on Wednesday. ZTO Express has a one year low of $17.89 and a one year high of $27.50. The company has a market cap of $12.89 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 1.03 and a beta of -0.13. The business’s 50 day moving average price is $19.43 and its 200 day moving average price is $20.98.

Analyst Ratings Changes

A number of analysts have recently issued reports on ZTO shares. Hsbc Global Res lowered ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. HSBC lowered ZTO Express (Cayman) from a “buy” rating to a “hold” rating and lowered their price target for the stock from $28.00 to $20.00 in a research note on Tuesday, January 21st. Finally, StockNews.com lowered ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research note on Tuesday. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, ZTO Express (Cayman) has an average rating of “Hold” and an average target price of $24.53.

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.