Zto Express Inc (NYSE:ZTO) is set to announce its earnings results after the market closes on Monday, November 20th. Analysts expect the company to announce earnings of $0.15 per share for the quarter.
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 analysts’ consensus estimates of $0.14 by $0.01. The company had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $3.02 billion. Zto Express had a return on equity of 14.83% and a net margin of 22.54%. The firm’s revenue for the quarter was up 29.9% on a year-over-year basis. On average, analysts expect Zto Express to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Zto Express Inc (ZTO) opened at $17.61 on Monday. The firm has a market capitalization of $9,250.64 and a PE ratio of 33.87. Zto Express Inc has a 1-year low of $11.14 and a 1-year high of $18.08.
A number of brokerages have issued reports on ZTO. Zacks Investment Research upgraded Zto Express from a “sell” rating to a “hold” rating in a research report on Tuesday, September 5th. Macquarie began coverage on Zto Express in a research report on Tuesday, September 19th. They issued an “outperform” rating and a $17.30 target price on the stock. HSBC Holdings plc began coverage on Zto Express in a research report on Tuesday, August 8th. They set a “reduce” rating and a $12.50 price objective on the stock. Finally, Daiwa Capital Markets started coverage on Zto Express in a research report on Thursday, November 2nd. They set a “buy” rating and a $18.50 price objective on the stock. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the stock. Zto Express has a consensus rating of “Buy” and an average target price of $17.79.
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About Zto Express
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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