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

ZTO Express (Cayman) (NYSE:ZTO) posted its quarterly earnings data on Tuesday. The transportation company reported $0.44 EPS for the quarter, missing the consensus estimate 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 Express (Cayman) stock traded up $0.60 during mid-day trading on Tuesday, hitting $21.33. The stock had a trading volume of 4,508,379 shares, compared to its average volume of 3,083,181. The firm has a market capitalization of $12.89 billion, a P/E ratio of 14.71, a P/E/G ratio of 1.03 and a beta of -0.13. The firm’s 50 day moving average is $19.38 and its 200 day moving average is $20.98. ZTO Express has a one year low of $17.89 and a one year high of $27.50.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ZTO shares. StockNews.com upgraded ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research note on Tuesday, January 14th. Hsbc Global Res lowered ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Finally, HSBC lowered ZTO Express (Cayman) from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $28.00 to $20.00 in a research note on Tuesday, January 21st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.53.

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.