ZTO Express (Cayman) Inc. (NYSE:ZTO) Given Consensus Rating of “Moderate Buy” by Brokerages

ZTO Express (Cayman) Inc. (NYSE:ZTO) has been given an average recommendation of “Moderate Buy” by the six brokerages that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, two 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 $27.0333.

ZTO has been the subject of a number of research reports. Weiss Ratings downgraded ZTO Express (Cayman) from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 20th. JPMorgan Chase & Co. lifted their price target on ZTO Express (Cayman) from $25.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, April 13th. Wall Street Zen upgraded ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Morgan Stanley reiterated an “overweight” rating and issued a $30.10 price target on shares of ZTO Express (Cayman) in a research note on Wednesday, May 20th. Finally, Macquarie Infrastructure upgraded ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a research note on Sunday, February 8th.

Hedge Funds Weigh In On ZTO Express (Cayman)

A number of hedge funds have recently bought and sold shares of the company. Systematic Alpha Investments LLC acquired a new position in ZTO Express (Cayman) in the first quarter worth about $269,000. EverSource Wealth Advisors LLC lifted its holdings in ZTO Express (Cayman) by 53.6% in the first quarter. EverSource Wealth Advisors LLC now owns 8,729 shares of the transportation company’s stock worth $220,000 after acquiring an additional 3,045 shares during the last quarter. Quantinno Capital Management LP lifted its holdings in ZTO Express (Cayman) by 31.0% in the first quarter. Quantinno Capital Management LP now owns 184,217 shares of the transportation company’s stock worth $4,637,000 after acquiring an additional 43,585 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in ZTO Express (Cayman) by 400.2% in the first quarter. Renaissance Technologies LLC now owns 618,800 shares of the transportation company’s stock worth $15,575,000 after acquiring an additional 495,100 shares during the last quarter. Finally, Compound Planning Inc. bought a new position in ZTO Express (Cayman) in the first quarter worth about $360,000. 41.65% of the stock is currently owned by institutional investors and hedge funds.

ZTO Express (Cayman) Stock Down 1.1%

Shares of ZTO Express (Cayman) stock opened at $22.27 on Friday. The business has a 50-day moving average of $24.32 and a 200-day moving average of $23.07. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.64 and a quick ratio of 1.64. The company has a market capitalization of $12.55 billion, a PE ratio of 13.66, a P/E/G ratio of 0.87 and a beta of -0.22. ZTO Express has a 1-year low of $17.03 and a 1-year high of $26.20.

ZTO Express (Cayman) (NYSE:ZTO) last announced its earnings results on Saturday, February 14th. The transportation company reported $0.47 earnings per share for the quarter. The company had revenue of $2.07 billion during the quarter. ZTO Express (Cayman) had a return on equity of 14.23% and a net margin of 17.87%. As a group, equities analysts forecast that ZTO Express will post 1.89 EPS for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, April 29th. Investors of record on Wednesday, April 8th were paid a $0.39 dividend. This represents a yield of 318.0%. The ex-dividend date was Wednesday, April 8th. ZTO Express (Cayman)’s dividend payout ratio (DPR) is 46.63%.

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.