ZTO Express (Cayman) (NYSE:ZTO - Get Free Report) posted its earnings results on Tuesday. The transportation company reported $0.44 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.02), Zacks reports. The firm had revenue of $1.77 billion for the quarter, compared to analysts' expectations of $11.73 billion. ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%.
ZTO Express (Cayman) Stock Performance
Shares of ZTO traded down $0.09 during mid-day trading on Friday, hitting $20.06. 2,701,613 shares of the company were exchanged, compared to its average volume of 3,035,942. The stock has a market cap of $12.12 billion, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 1.03 and a beta of -0.13. ZTO Express has a 1-year low of $17.89 and a 1-year high of $27.50. The company has a 50 day moving average of $19.55 and a 200-day moving average of $20.97.
ZTO Express (Cayman) Dividend Announcement
The business also recently announced a semi-annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Thursday, April 10th will be given a $0.35 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a dividend yield of 4.7%. ZTO Express (Cayman)'s dividend payout ratio (DPR) is 46.90%.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. cut shares of ZTO Express (Cayman) from an "overweight" rating to a "neutral" rating and decreased their price target for the stock from $25.00 to $23.00 in a report on Thursday. HSBC cut ZTO Express (Cayman) from a "buy" rating to a "hold" rating and lowered their price target for the stock from $28.00 to $20.00 in a research report on Tuesday, January 21st. Hsbc Global Res lowered shares of ZTO Express (Cayman) from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 21st. Finally, StockNews.com lowered shares of ZTO Express (Cayman) from a "buy" rating to a "hold" rating in a research note on Tuesday. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, ZTO Express (Cayman) currently has a consensus rating of "Hold" and an average price target of $22.78.
Check Out Our Latest Analysis on ZTO Express (Cayman)
About ZTO Express (Cayman)
(
Get Free Report)
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.
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