StockNews.com Begins Coverage on ZTO Express (Cayman) (NYSE:ZTO)

StockNews.com initiated coverage on shares of ZTO Express (Cayman) (NYSE:ZTO – Get Rating) in a research report released on Thursday morning. The firm issued a hold rating on the transportation company’s stock.

A number of other research firms have also recently commented on ZTO. TheStreet raised shares of ZTO Express (Cayman) from a c+ rating to a b- rating in a research note on Thursday, December 29th. HSBC cut their target price on shares of ZTO Express (Cayman) from $36.00 to $33.00 in a research note on Wednesday, November 23rd. Finally, Citigroup cut their target price on shares of ZTO Express (Cayman) from $40.30 to $32.80 and set a buy rating for the company in a research note on Wednesday, November 23rd. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of Moderate Buy and an average target price of $34.60.

ZTO Express (Cayman) Trading Up 1.6 %

Shares of ZTO Express (Cayman) stock opened at $28.45 on Thursday. The firm has a 50-day simple moving average of $27.02 and a two-hundred day simple moving average of $25.04. The company has a market cap of $17.66 billion, a P/E ratio of 23.32, a price-to-earnings-growth ratio of 0.92 and a beta of 0.02. ZTO Express has a fifty-two week low of $16.27 and a fifty-two week high of $29.79. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.58 and a current ratio of 1.59.

ZTO Express (Cayman) (NYSE:ZTO – Get Rating) last released its earnings results on Wednesday, March 15th. The transportation company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. The business had revenue of $9.87 billion during the quarter, compared to analysts’ expectations of $10.01 billion. ZTO Express (Cayman) had a net margin of 19.09% and a return on equity of 13.56%. The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.34 earnings per share. As a group, equities analysts predict that ZTO Express will post 1.4 earnings per share for the current fiscal year.

ZTO Express (Cayman) Increases Dividend

The firm also recently disclosed a — dividend, which will be paid on Friday, April 28th. Investors of record on Thursday, April 6th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Wednesday, April 5th. This is a boost from ZTO Express (Cayman)’s previous — dividend of $0.25.

Institutional Trading of ZTO Express (Cayman)

Several large investors have recently bought and sold shares of ZTO. Ronald Blue Trust Inc. grew its stake in shares of ZTO Express (Cayman) by 420.1% in the 4th quarter. Ronald Blue Trust Inc. now owns 1,165 shares of the transportation company’s stock valued at $28,000 after buying an additional 941 shares during the period. Harbor Investment Advisory LLC purchased a new stake in shares of ZTO Express (Cayman) in the 3rd quarter valued at approximately $30,000. Captrust Financial Advisors purchased a new stake in shares of ZTO Express (Cayman) in the 2nd quarter valued at approximately $36,000. Wipfli Financial Advisors LLC purchased a new stake in shares of ZTO Express (Cayman) in the 3rd quarter valued at approximately $34,000. Finally, China Universal Asset Management Co. Ltd. purchased a new stake in shares of ZTO Express (Cayman) in the 4th quarter valued at approximately $43,000. Hedge funds and other institutional investors own 40.56% of the company’s stock.

About ZTO Express (Cayman)

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ZTO Express (Cayman), Inc provides comprehensive logistics services. It offers express delivery and value-added logistics services through a nationwide network partner. The firm also provides digital and privacy waybill and cloud printing. The company was founded by Mei Song Lai on May 8, 2002 and is headquartered in Shanghai, China.