Zto Express Inc (ZTO) Expected to Post Earnings of $0.22 Per Share

Wall Street analysts predict that Zto Express Inc (NYSE:ZTO) will post earnings of $0.22 per share for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Zto Express’ earnings. Zto Express reported earnings of $0.15 per share in the same quarter last year, which would indicate a positive year over year growth rate of 46.7%. The firm is scheduled to report its next quarterly earnings results on Monday, February 26th.

On average, analysts expect that Zto Express will report full-year earnings of $0.62 per share for the current fiscal year. For the next financial year, analysts forecast that the company will post earnings of $0.83 per share. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that cover Zto Express.

Zto Express (NYSE:ZTO) last released its quarterly earnings results on Tuesday, August 22nd. The transportation company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. The business had revenue of $2.97 billion for the quarter, compared to analyst estimates of $3.02 billion. Zto Express had a net margin of 22.54% and a return on equity of 14.83%. The firm’s quarterly revenue was up 29.9% compared to the same quarter last year.

ZTO has been the topic of several research reports. Zacks Investment Research upgraded shares of Zto Express from a “sell” rating to a “hold” rating in a research report on Tuesday, September 5th. initiated coverage on shares of Zto Express in a research report on Tuesday, August 8th. They issued a “reduce” rating and a $12.50 price target on the stock. Macquarie initiated coverage on shares of Zto Express in a research report on Tuesday, September 19th. They issued an “outperform” rating and a $17.30 price target on the stock. Finally, Daiwa Capital Markets initiated coverage on shares of Zto Express in a research report on Thursday, November 2nd. They issued a “buy” rating and a $18.50 price target on the stock. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $16.66.

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Shares of Zto Express (NYSE:ZTO) opened at $17.04 on Wednesday. The company has a market cap of $12,170.00 and a P/E ratio of 32.37. Zto Express has a 1 year low of $11.14 and a 1 year high of $18.08.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Great West Life Assurance Co. Can boosted its position in Zto Express by 1.2% during the second quarter. Great West Life Assurance Co. Can now owns 10,123 shares of the transportation company’s stock worth $141,000 after acquiring an additional 123 shares during the last quarter. Wells Fargo & Company MN boosted its position in Zto Express by 68.1% during the first quarter. Wells Fargo & Company MN now owns 12,292 shares of the transportation company’s stock worth $160,000 after acquiring an additional 4,979 shares during the last quarter. FMR LLC acquired a new stake in Zto Express during the second quarter worth approximately $170,000. Profund Advisors LLC acquired a new stake in Zto Express during the second quarter worth approximately $176,000. Finally, Cubist Systematic Strategies LLC boosted its position in Zto Express by 211.0% during the third quarter. Cubist Systematic Strategies LLC now owns 13,400 shares of the transportation company’s stock worth $188,000 after acquiring an additional 9,091 shares during the last quarter. Hedge funds and other institutional investors own 25.21% of the company’s stock.

Zto Express 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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