ZTO Express (Cayman) (NYSE:ZTO) Releases Quarterly Earnings Results, Misses Expectations By $0.03 EPS

ZTO Express (Cayman) (NYSE:ZTO) posted its quarterly earnings data on Tuesday. The transportation company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.03), Zacks reports. ZTO Express (Cayman) had a net margin of 20.56% and a return on equity of 15.44%.

ZTO Express (Cayman) Price Performance

ZTO opened at $21.33 on Wednesday. ZTO Express has a 12 month low of $17.89 and a 12 month high of $27.50. The stock has a market capitalization of $12.89 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 1.03 and a beta of -0.13. The business has a fifty day moving average price of $19.43 and a 200 day moving average price of $20.98.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ZTO shares. HSBC downgraded ZTO Express (Cayman) from a “buy” rating to a “hold” rating and cut their price objective for the company from $28.00 to $20.00 in a report on Tuesday, January 21st. Hsbc Global Res downgraded ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, StockNews.com downgraded ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a report on Tuesday. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $24.53.

About ZTO Express (Cayman)

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.