ZTO Express (Cayman) Inc (NYSE:ZTO) Expected to Announce Earnings of $0.24 Per Share

Wall Street analysts expect ZTO Express (Cayman) Inc (NYSE:ZTO) to post $0.24 earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have made estimates for ZTO Express (Cayman)’s earnings. ZTO Express (Cayman) reported earnings of $0.23 per share during the same quarter last year, which would indicate a positive year over year growth rate of 4.3%. The business is expected to issue its next earnings report on Wednesday, August 14th.

According to Zacks, analysts expect that ZTO Express (Cayman) will report full year earnings of $0.93 per share for the current financial year, with EPS estimates ranging from $0.91 to $0.95. For the next fiscal year, analysts expect that the firm will report earnings of $1.15 per share, with EPS estimates ranging from $1.13 to $1.17. Zacks’ earnings per share 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 released its quarterly earnings results on Wednesday, May 15th. The transportation company reported $0.18 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.01). The firm had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.48 billion. ZTO Express (Cayman) had a return on equity of 13.28% and a net margin of 24.23%. The business’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.78 earnings per share.

A number of equities analysts have commented on ZTO shares. UBS Group set a $36.00 price objective on Halliburton and gave the stock a “buy” rating in a research note on Tuesday, April 23rd. Zacks Investment Research lowered GreenTree Hospitality Group from a “buy” rating to a “hold” rating in a research note on Monday, May 20th. Finally, TheStreet upgraded ZTO Express (Cayman) from a “c+” rating to a “b” rating in a research note on Thursday, May 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $21.50.

Institutional investors and hedge funds have recently modified their holdings of the company. Advisors Asset Management Inc. increased its stake in shares of ZTO Express (Cayman) by 255.2% in the 1st quarter. Advisors Asset Management Inc. now owns 3,779 shares of the transportation company’s stock valued at $69,000 after purchasing an additional 2,715 shares during the last quarter. Manchester Financial Inc. bought a new position in shares of ZTO Express (Cayman) in the 2nd quarter valued at $108,000. Rehmann Capital Advisory Group increased its stake in shares of ZTO Express (Cayman) by 1,819.4% in the 1st quarter. Rehmann Capital Advisory Group now owns 7,121 shares of the transportation company’s stock valued at $130,000 after purchasing an additional 6,750 shares during the last quarter. National Asset Management Inc. bought a new position in shares of ZTO Express (Cayman) in the 1st quarter valued at $190,000. Finally, Quadrant Capital Group LLC bought a new position in shares of ZTO Express (Cayman) in the 1st quarter valued at $189,000. Institutional investors own 39.35% of the company’s stock.

NYSE:ZTO remained flat at $$19.70 during mid-day trading on Thursday. The company had a trading volume of 847,113 shares, compared to its average volume of 1,592,817. The firm has a market capitalization of $10.02 billion, a PE ratio of 25.58 and a beta of 0.83. The business’s fifty day moving average is $19.06. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.55 and a current ratio of 3.55. ZTO Express has a 1-year low of $14.69 and a 1-year high of $21.48.

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.

Further Reading: How To Calculate Debt-to-Equity Ratio

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