$0.22 EPS Expected for ZTO Express (Cayman) Inc (NYSE:ZTO) This Quarter

Equities research analysts predict that ZTO Express (Cayman) Inc (NYSE:ZTO) will report earnings per share of $0.22 for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for ZTO Express (Cayman)’s earnings. ZTO Express (Cayman) posted earnings of $0.20 per share during the same quarter last year, which would indicate a positive year over year growth rate of 10%. The business is scheduled to announce its next earnings report on Wednesday, November 13th.

On average, analysts expect that ZTO Express (Cayman) will report full-year earnings of $0.92 per share for the current financial year, with EPS estimates ranging from $0.91 to $0.92. For the next year, analysts forecast that the firm will post earnings of $1.15 per share, with EPS estimates ranging from $1.13 to $1.16. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for ZTO Express (Cayman).

ZTO Express (Cayman) (NYSE:ZTO) last released its quarterly earnings data on Thursday, August 15th. The transportation company reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.01. The business had revenue of $5.42 billion during the quarter, compared to analysts’ expectations of $5.51 billion. ZTO Express (Cayman) had a net margin of 21.99% and a return on equity of 13.73%. The company’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.07 EPS.

Several equities research analysts recently commented on ZTO shares. Zacks Investment Research lowered shares of ZTO Express (Cayman) from a “hold” rating to a “sell” rating in a research note on Monday, May 20th. TheStreet upgraded shares of ZTO Express (Cayman) from a “c+” rating to a “b” rating in a research note on Thursday, May 16th.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Rehmann Capital Advisory Group lifted its holdings in shares of ZTO Express (Cayman) by 488.4% in the second quarter. Rehmann Capital Advisory Group now owns 41,900 shares of the transportation company’s stock valued at $801,000 after purchasing an additional 34,779 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of ZTO Express (Cayman) by 0.6% in the second quarter. BlackRock Inc. now owns 14,801,711 shares of the transportation company’s stock valued at $283,011,000 after purchasing an additional 87,913 shares in the last quarter. Natixis purchased a new stake in shares of ZTO Express (Cayman) in the second quarter valued at about $4,478,000. Barings LLC lifted its holdings in shares of ZTO Express (Cayman) by 367.6% in the second quarter. Barings LLC now owns 246,364 shares of the transportation company’s stock valued at $4,710,000 after purchasing an additional 193,673 shares in the last quarter. Finally, Luminus Management LLC purchased a new stake in shares of ZTO Express (Cayman) in the second quarter valued at about $12,298,000. Institutional investors own 39.60% of the company’s stock.

NYSE:ZTO traded up $0.17 during midday trading on Friday, hitting $21.19. 171,617 shares of the company were exchanged, compared to its average volume of 2,591,166. The company has a fifty day simple moving average of $19.69 and a 200 day simple moving average of $19.20. ZTO Express has a fifty-two week low of $14.69 and a fifty-two week high of $21.36. The company has a current ratio of 3.77, a quick ratio of 3.76 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $10.65 billion, a PE ratio of 27.49 and a beta of 0.79.

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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