ZTO Express (Cayman) Inc. (NYSE:ZTO) Receives $27.03 Consensus Target Price from Analysts

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) have earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $27.0333.

A number of equities analysts recently issued reports on ZTO shares. Weiss Ratings lowered ZTO Express (Cayman) from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 20th. Morgan Stanley reissued an “overweight” rating and set a $30.10 price target on shares of ZTO Express (Cayman) in a report on Wednesday, May 20th. Wall Street Zen raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Zacks Research lowered ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. raised their price target on ZTO Express (Cayman) from $25.00 to $29.00 and gave the stock an “overweight” rating in a report on Monday, April 13th.

ZTO Express (Cayman) Stock Up 1.4%

ZTO Express (Cayman) stock opened at $22.83 on Friday. ZTO Express has a 1-year low of $17.03 and a 1-year high of $26.20. 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 stock has a market cap of $12.87 billion, a PE ratio of 14.01, a P/E/G ratio of 0.89 and a beta of -0.22. The stock’s fifty day moving average is $24.11 and its two-hundred day moving average is $23.19.

ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings data on Saturday, February 14th. The transportation company reported $0.47 earnings per share (EPS) for the quarter. The company had revenue of $2.07 billion for the quarter. ZTO Express (Cayman) had a return on equity of 14.23% and a net margin of 17.87%. On average, sell-side analysts expect that ZTO Express will post 1.89 EPS for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

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

Institutional Investors Weigh In On ZTO Express (Cayman)

A number of hedge funds have recently added to or reduced their stakes in ZTO. Caitong International Asset Management Co. Ltd acquired a new stake in ZTO Express (Cayman) in the fourth quarter valued at about $25,000. Leonteq Securities AG acquired a new stake in ZTO Express (Cayman) in the fourth quarter valued at about $30,000. Atlas Capital Advisors Inc. acquired a new stake in ZTO Express (Cayman) in the fourth quarter valued at about $35,000. Smartleaf Asset Management LLC lifted its position in ZTO Express (Cayman) by 61.4% in the second 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 period. Finally, Assetmark Inc. lifted its position in ZTO Express (Cayman) by 1,713.0% in the fourth quarter. Assetmark Inc. now owns 2,375 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 2,244 shares during the period. Institutional investors and hedge funds own 41.65% of the company’s stock.

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.