ZTO Express (Cayman) (NYSE:ZTO) Issues Earnings Results

ZTO Express (Cayman) (NYSE:ZTO) issued its earnings results on Tuesday. The transportation company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02), Zacks reports. ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%. The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $11.73 billion.

ZTO Express (Cayman) Stock Performance

NYSE ZTO traded up $0.04 during mid-day trading on Friday, reaching $20.18. 1,345,180 shares of the stock were exchanged, compared to its average volume of 2,721,092. ZTO Express has a 1-year low of $17.89 and a 1-year high of $27.50. The business’s fifty day simple moving average is $19.51 and its 200 day simple moving average is $20.98. The stock has a market capitalization of $12.19 billion, a PE ratio of 13.91, a PEG ratio of 1.03 and a beta of -0.13.

ZTO Express (Cayman) Dividend Announcement

The company also recently announced a semi-annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Thursday, April 10th will be given a dividend of $0.35 per share. The ex-dividend date is Thursday, April 10th. This represents a yield of 4.7%. ZTO Express (Cayman)’s dividend payout ratio (DPR) is currently 46.90%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ZTO shares. HSBC lowered shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and lowered their price target for the company from $28.00 to $20.00 in a research report on Tuesday, January 21st. StockNews.com lowered shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research report on Tuesday. Hsbc Global Res lowered shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. lowered shares of ZTO Express (Cayman) from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $25.00 to $23.00 in a research report on Thursday. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, ZTO Express (Cayman) has a consensus rating of “Hold” and a consensus price target of $22.78.

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.