ZTO Express (Cayman) (NYSE:ZTO) Stock Rating Lowered by StockNews.com

ZTO Express (Cayman) (NYSE:ZTO) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Tuesday.

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

ZTO Express (Cayman) Stock Up 2.4 %

ZTO Express (Cayman) stock opened at $21.81 on Tuesday. ZTO Express has a 52 week low of $17.89 and a 52 week high of $27.50. The firm’s 50-day simple moving average is $19.48 and its 200 day simple moving average is $20.99. The firm has a market capitalization of $13.18 billion, a PE ratio of 15.04, a P/E/G ratio of 1.03 and a beta of -0.13.

ZTO Express (Cayman) (NYSE:ZTO) last released its quarterly earnings data on Tuesday, March 18th. The transportation company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.03). The business had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $11.73 billion. ZTO Express (Cayman) had a return on equity of 15.44% and a net margin of 20.56%. On average, research analysts expect that ZTO Express will post 1.57 EPS for the current fiscal year.

Institutional Trading of ZTO Express (Cayman)

A number of institutional investors and hedge funds have recently bought and sold shares of ZTO. Point72 DIFC Ltd acquired a new stake in ZTO Express (Cayman) during the 3rd quarter worth approximately $26,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in ZTO Express (Cayman) in the third quarter valued at approximately $46,000. Blue Trust Inc. grew its position in ZTO Express (Cayman) by 119.8% in the fourth quarter. Blue Trust Inc. now owns 5,061 shares of the transportation company’s stock valued at $99,000 after acquiring an additional 2,758 shares in the last quarter. Confluence Investment Management LLC grew its position in ZTO Express (Cayman) by 14.8% in the fourth quarter. Confluence Investment Management LLC now owns 10,282 shares of the transportation company’s stock valued at $201,000 after acquiring an additional 1,326 shares in the last quarter. Finally, Schechter Investment Advisors LLC grew its position in ZTO Express (Cayman) by 12.0% in the fourth quarter. Schechter Investment Advisors LLC now owns 11,255 shares of the transportation company’s stock valued at $220,000 after acquiring an additional 1,204 shares in the last quarter. Institutional investors and hedge funds own 41.65% of the company’s stock.

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.