ZTO Express (Cayman) Inc. (NYSE:ZTO) Given Consensus Rating of "Hold" by Brokerages

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO - Get Free Report) have been assigned an average rating of "Hold" from the five analysts that are covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $22.78.

Several research firms have recently commented on ZTO. JPMorgan Chase & Co. lowered shares of ZTO Express (Cayman) from an "overweight" rating to a "neutral" rating and reduced their price target for the company from $25.00 to $23.00 in a research report on Thursday, March 20th. Hsbc Global Res lowered ZTO Express (Cayman) from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 21st. StockNews.com raised ZTO Express (Cayman) from a "hold" rating to a "buy" rating in a research report on Wednesday, March 26th. Finally, HSBC cut shares of ZTO Express (Cayman) from a "buy" rating to a "hold" rating and decreased their target price for the company from $28.00 to $20.00 in a research report on Tuesday, January 21st.

Institutional Investors Weigh In On ZTO Express (Cayman)

Hedge funds have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. boosted its stake in shares of ZTO Express (Cayman) by 112.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 187,114 shares of the transportation company's stock valued at $4,635,000 after buying an additional 98,877 shares during the period. Cerity Partners LLC raised its holdings in ZTO Express (Cayman) by 3.7% in the third quarter. Cerity Partners LLC now owns 18,913 shares of the transportation company's stock valued at $468,000 after acquiring an additional 674 shares in the last quarter. Point72 DIFC Ltd purchased a new position in ZTO Express (Cayman) in the third quarter worth approximately $26,000. Stifel Financial Corp grew its holdings in ZTO Express (Cayman) by 8.5% during the 3rd quarter. Stifel Financial Corp now owns 36,952 shares of the transportation company's stock worth $915,000 after acquiring an additional 2,888 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of ZTO Express (Cayman) in the 3rd quarter valued at approximately $4,721,000. 41.65% of the stock is currently owned by institutional investors and hedge funds.

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ZTO Express (Cayman) Stock Up 3.4 %

Shares of ZTO traded up $0.60 during midday trading on Tuesday, reaching $18.26. The company had a trading volume of 4,922,904 shares, compared to its average volume of 3,024,158. ZTO Express has a 1-year low of $16.34 and a 1-year high of $27.50. The firm has a 50 day simple moving average of $19.55 and a 200-day simple moving average of $20.58. The stock has a market cap of $10.92 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 1.03 and a beta of -0.03.

ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) last released its quarterly earnings data on Tuesday, March 18th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.02). The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates of $11.73 billion. ZTO Express (Cayman) had a return on equity of 15.44% and a net margin of 20.56%. As a group, sell-side analysts anticipate that ZTO Express will post 1.57 earnings per share for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Thursday, April 10th will be issued a $0.35 dividend. This represents a dividend yield of 4.7%. The ex-dividend date is Thursday, April 10th. ZTO Express (Cayman)'s dividend payout ratio (DPR) is currently 45.95%.

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.