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

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) have been assigned an average recommendation of “Buy” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $24.45.

A number of brokerages recently commented on ZTO. Wall Street Zen raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Macquarie Infrastructure upgraded ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a report on Sunday, February 8th. Weiss Ratings reissued a “hold (c)” rating on shares of ZTO Express (Cayman) in a research note on Friday, March 27th. Zacks Research upgraded ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. Finally, JPMorgan Chase & Co. upped their target price on ZTO Express (Cayman) from $25.00 to $29.00 and gave the stock an “overweight” rating in a research report on Monday, April 13th.

ZTO Express (Cayman) Trading Down 0.8%

NYSE:ZTO opened at $25.10 on Friday. ZTO Express has a 12 month low of $16.68 and a 12 month high of $26.20. The stock has a market capitalization of $14.15 billion, a price-to-earnings ratio of 15.89, a PEG ratio of 1.27 and a beta of -0.17. The firm has a fifty day simple moving average of $24.47 and a two-hundred day simple moving average of $21.88.

ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings data on Saturday, February 14th. The transportation company reported $0.47 earnings per share for the quarter. The firm had revenue of $2.07 billion for the quarter. ZTO Express (Cayman) had a net margin of 18.50% and a return on equity of 14.05%. Equities analysts predict that ZTO Express will post 1.57 earnings per share for the current fiscal year.

ZTO Express (Cayman) Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 8th will be paid a dividend of $0.39 per share. This represents a yield of 318.0%. The ex-dividend date is Wednesday, April 8th. ZTO Express (Cayman)’s payout ratio is 48.10%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Signaturefd LLC grew its holdings in shares of ZTO Express (Cayman) by 22.5% during the fourth quarter. Signaturefd LLC now owns 2,693 shares of the transportation company’s stock valued at $56,000 after buying an additional 494 shares during the last quarter. Ethic Inc. raised its holdings in shares of ZTO Express (Cayman) by 3.7% in the 4th quarter. Ethic Inc. now owns 15,943 shares of the transportation company’s stock worth $333,000 after acquiring an additional 569 shares during the last quarter. Legacy Wealth Asset Management LLC raised its holdings in shares of ZTO Express (Cayman) by 0.5% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 137,761 shares of the transportation company’s stock worth $2,645,000 after acquiring an additional 686 shares during the last quarter. CWM LLC lifted its position in ZTO Express (Cayman) by 42.2% in the 3rd quarter. CWM LLC now owns 2,341 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 695 shares in the last quarter. Finally, U S Global Investors Inc. boosted its stake in ZTO Express (Cayman) by 5.1% during the 3rd quarter. U S Global Investors Inc. now owns 14,764 shares of the transportation company’s stock valued at $283,000 after purchasing an additional 716 shares during the last quarter. 41.65% of the stock is owned by institutional investors.

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.