Wall Street brokerages expect ZTO Express (Cayman) Inc (NYSE:ZTO) to report earnings of $0.16 per share for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for ZTO Express (Cayman)’s earnings. The firm is expected to report its next quarterly earnings results on Wednesday, August 16th.
On average, analysts expect that ZTO Express (Cayman) will report full-year earnings of $0.63 per share for the current financial year. For the next financial year, analysts anticipate that the firm will report earnings of $0.86 per share. Zacks’ EPS calculations are an average based on a survey of research analysts that cover ZTO Express (Cayman).
ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings results on Wednesday, May 17th. The transportation company reported $0.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.01. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.58 billion. The business’s revenue was up 33.5% compared to the same quarter last year.
Several analysts recently issued reports on ZTO shares. Zacks Investment Research upgraded ZTO Express (Cayman) from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Tuesday, January 24th. Vetr lowered ZTO Express (Cayman) from a “strong-buy” rating to a “buy” rating and set a $16.00 price objective for the company. in a report on Monday, February 27th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $18.17.
Shares of ZTO Express (NYSE:ZTO) traded up 5.26% during midday trading on Tuesday, reaching $14.00. The company’s stock had a trading volume of 2,965,260 shares. The stock has a 50-day moving average price of $13.32 and a 200 day moving average price of $13.43. ZTO Express has a 52 week low of $11.14 and a 52 week high of $18.45. The stock has a market capitalization of $10.09 billion and a PE ratio of 31.11.
A number of institutional investors have recently bought and sold shares of ZTO. Cutter & CO Brokerage Inc. bought a new position in ZTO Express (Cayman) during the fourth quarter valued at $121,000. Seven Eight Capital LP bought a new position in ZTO Express (Cayman) during the fourth quarter valued at $121,000. Dynamic Technology Lab Private Ltd bought a new position in ZTO Express (Cayman) during the first quarter valued at $137,000. Wells Fargo & Company MN raised its position in ZTO Express (Cayman) by 68.1% in the first quarter. Wells Fargo & Company MN now owns 12,292 shares of the transportation company’s stock valued at $160,000 after buying an additional 4,979 shares during the period. Finally, Oppenheimer Asset Management Inc. bought a new position in ZTO Express (Cayman) during the first quarter valued at $212,000.
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ZTO Express (Cayman) Company Profile
ZTO Express (Cayman) Inc is an express delivery company in China. The Company provides express delivery service through its nationwide network, as well as other value-added logistics services. The Company provides its services for a range of online merchants and consumers transacting on the Chinese e-commerce platforms, such as Alibaba and JD.com.
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