Equities research analysts expect ZTO Express (Cayman) Inc (NYSE:ZTO) to report $0.22 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for ZTO Express (Cayman)’s earnings. ZTO Express (Cayman) posted earnings of $0.20 per share in the same quarter last year, which would suggest a positive year over year growth rate of 10%. The firm is expected to announce its next earnings report after the market closes on Monday, November 18th.

According to Zacks, analysts expect that ZTO Express (Cayman) will report full year earnings of $0.91 per share for the current fiscal year, with EPS estimates ranging from $0.90 to $0.92. For the next financial year, analysts anticipate that the firm will report earnings of $1.14 per share, with EPS estimates ranging from $1.11 to $1.16. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover ZTO Express (Cayman).

ZTO Express (Cayman) (NYSE:ZTO) last announced its earnings results on Thursday, August 15th. The transportation company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.01. ZTO Express (Cayman) had a net margin of 21.99% and a return on equity of 13.73%. The business had revenue of $5.42 billion for the quarter, compared to analyst estimates of $5.51 billion. During the same quarter last year, the business earned $2.07 earnings per share. The company’s revenue for the quarter was up 29.2% compared to the same quarter last year.

ZTO has been the topic of several recent research reports. Zacks Investment Research raised shares of ZTO Express (Cayman) from a “sell” rating to a “hold” rating and set a $23.00 target price on the stock in a research note on Friday, September 20th. ValuEngine downgraded shares of ZTO Express (Cayman) from a “hold” rating to a “sell” rating in a research note on Monday.

A number of institutional investors and hedge funds have recently made changes to their positions in ZTO. US Bancorp DE increased its stake in ZTO Express (Cayman) by 137.8% during the 2nd quarter. US Bancorp DE now owns 1,712 shares of the transportation company’s stock worth $33,000 after buying an additional 992 shares during the period. Tower Research Capital LLC TRC acquired a new position in ZTO Express (Cayman) during the 2nd quarter worth approximately $65,000. Patriot Financial Group Insurance Agency LLC acquired a new position in ZTO Express (Cayman) during the 2nd quarter worth approximately $71,000. Manchester Financial Inc. acquired a new position in ZTO Express (Cayman) during the 2nd quarter worth approximately $108,000. Finally, WINTON GROUP Ltd acquired a new position in ZTO Express (Cayman) during the 2nd quarter worth approximately $200,000. 37.27% of the stock is currently owned by hedge funds and other institutional investors.

ZTO stock traded down $0.06 during trading on Friday, reaching $22.45. 928,673 shares of the stock were exchanged, compared to its average volume of 2,787,445. The business has a 50 day moving average price of $21.26 and a 200-day moving average price of $19.85. The firm has a market capitalization of $11.26 billion, a price-to-earnings ratio of 29.16 and a beta of 0.80. ZTO Express has a 1 year low of $15.30 and a 1 year high of $22.69. The company has a current ratio of 3.77, a quick ratio of 3.76 and a debt-to-equity ratio of 0.01.

About ZTO Express (Cayman)

ZTO Express (Cayman) Inc provides express delivery and other value-added logistics services in the People's Republic of China. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2017, it operated a fleet of approximately 3,600 self-owned trucks.

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