ZTO Express (Cayman) (NYSE:ZTO) Issues Earnings Results, Misses Estimates By $0.03 EPS

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

ZTO Express (Cayman) Trading Up 2.9 %

ZTO traded up $0.60 during trading on Tuesday, hitting $21.33. 4,508,379 shares of the company’s stock were exchanged, compared to its average volume of 3,083,224. ZTO Express has a 1 year low of $17.89 and a 1 year high of $27.50. The stock has a 50 day moving average price of $19.38 and a 200 day moving average price of $20.98. The firm has a market cap of $12.89 billion, a P/E ratio of 14.71, a price-to-earnings-growth ratio of 1.03 and a beta of -0.13.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ZTO. Hsbc Global Res downgraded shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. StockNews.com raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Tuesday, January 14th. Finally, HSBC downgraded shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and cut their price objective for the stock from $28.00 to $20.00 in a research report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, ZTO Express (Cayman) has an average rating of “Moderate Buy” and an average target price of $24.53.

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.