ZTO Express (Cayman) Inc. (NYSE:ZTO) Receives Consensus Rating of “Moderate Buy” from Analysts

ZTO Express (Cayman) Inc. (NYSE:ZTO) has been assigned an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $22.36.

A number of equities analysts have weighed in on the company. Wall Street Zen downgraded ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Zacks Research lowered shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Macquarie Infrastructure raised shares of ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of ZTO Express (Cayman) in a research note on Monday, December 29th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ZTO. Caitong International Asset Management Co. Ltd bought a new position in shares of ZTO Express (Cayman) in the fourth quarter valued at $25,000. Leonteq Securities AG bought a new stake in ZTO Express (Cayman) during the fourth quarter worth $30,000. Atlas Capital Advisors Inc. acquired a new stake in ZTO Express (Cayman) in the fourth quarter valued at $35,000. Smartleaf Asset Management LLC lifted its holdings in ZTO Express (Cayman) by 61.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,021 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 769 shares during the last quarter. Finally, First Horizon Corp acquired a new position in ZTO Express (Cayman) in the 3rd quarter valued at about $40,000. 41.65% of the stock is owned by institutional investors and hedge funds.

ZTO Express (Cayman) Price Performance

Shares of ZTO Express (Cayman) stock opened at $23.35 on Friday. The firm has a market cap of $13.76 billion, a price-to-earnings ratio of 15.46, a price-to-earnings-growth ratio of 4.34 and a beta of -0.20. The stock’s 50-day moving average is $22.88 and its 200-day moving average is $20.66. ZTO Express has a one year low of $16.34 and a one year high of $25.52.

ZTO Express (Cayman) Company Profile

ZTO Express (Cayman) Inc is one of China’s leading express delivery companies, specializing in both domestic and cross-border parcel logistics. The company operates a technology-enabled network that connects shippers, independent pickup and delivery stations, regional sorting hubs and end customers. ZTO’s service portfolio includes standard express, heavy-weight parcel delivery, time-definite shipments and e-commerce logistics solutions tailored for online retailers and marketplaces.

Founded in 2002 and headquartered in Shanghai, ZTO has grown rapidly by leveraging a franchise-style operating model that engages a broad network of independent contractors.