Wall Street brokerages expect that ZTO Express (Cayman) Inc (NYSE:ZTO) will report earnings of $0.19 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for ZTO Express (Cayman)’s earnings. ZTO Express (Cayman) posted earnings of $0.16 per share during the same quarter last year, which suggests a positive year over year growth rate of 18.8%. The company is expected to report its next earnings report after the market closes on Wednesday, May 15th.

On average, analysts expect that ZTO Express (Cayman) will report full-year earnings of $0.96 per share for the current fiscal year, with EPS estimates ranging from $0.93 to $0.98. For the next financial year, analysts anticipate that the company will report earnings of $1.17 per share, with EPS estimates ranging from $1.14 to $1.20. Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for ZTO Express (Cayman).

ZTO Express (Cayman) (NYSE:ZTO) last issued its quarterly earnings data on Tuesday, March 12th. The transportation company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $818.49 million during the quarter. ZTO Express (Cayman) had a net margin of 24.82% and a return on equity of 13.32%.

Separately, Zacks Investment Research upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating and set a $20.00 price target for the company in a report on Saturday, February 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $21.50.

Shares of NYSE ZTO opened at $19.60 on Wednesday. The company has a market capitalization of $9.94 billion, a P/E ratio of 25.45 and a beta of 0.67. ZTO Express has a 1 year low of $14.69 and a 1 year high of $22.67.

The company also recently declared a special dividend, which was paid on Monday, April 8th. Shareholders of record on Monday, April 1st were issued a dividend of $0.24 per share. This is a positive change from ZTO Express (Cayman)’s previous special dividend of $0.20. The ex-dividend date was Friday, March 29th.

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc increased its stake in shares of ZTO Express (Cayman) by 15.0% in the 3rd quarter. Vanguard Group Inc now owns 10,598,894 shares of the transportation company’s stock valued at $175,623,000 after acquiring an additional 1,379,240 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of ZTO Express (Cayman) by 15.0% in the 3rd quarter. Vanguard Group Inc. now owns 10,598,894 shares of the transportation company’s stock valued at $175,623,000 after acquiring an additional 1,379,240 shares in the last quarter. Morgan Stanley increased its stake in shares of ZTO Express (Cayman) by 0.3% in the 3rd quarter. Morgan Stanley now owns 8,336,241 shares of the transportation company’s stock valued at $138,132,000 after acquiring an additional 27,030 shares in the last quarter. Green Court Capital Management Ltd increased its stake in shares of ZTO Express (Cayman) by 1.7% in the 4th quarter. Green Court Capital Management Ltd now owns 7,716,207 shares of the transportation company’s stock valued at $122,148,000 after acquiring an additional 131,109 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of ZTO Express (Cayman) in the 4th quarter valued at $59,262,000. Hedge funds and other institutional investors own 35.81% of the company’s stock.

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. 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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