$0.18 EPS Expected for ZTO Express (Cayman) Inc (ZTO) This Quarter

Wall Street brokerages expect ZTO Express (Cayman) Inc (NYSE:ZTO) to report earnings per share of $0.18 for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have made estimates for ZTO Express (Cayman)’s earnings. ZTO Express (Cayman) reported earnings per share of $0.15 in the same quarter last year, which would indicate a positive year over year growth rate of 20%. The business is expected to issue its next quarterly earnings report on Monday, November 19th.

According to Zacks, analysts expect that ZTO Express (Cayman) will report full-year earnings of $0.76 per share for the current year, with EPS estimates ranging from $0.74 to $0.78. For the next financial year, analysts anticipate that the company will report earnings of $0.91 per share, with EPS estimates ranging from $0.87 to $0.95. Zacks’ EPS calculations are an average based on a survey of research analysts that follow ZTO Express (Cayman).

ZTO Express (Cayman) (NYSE:ZTO) last released its earnings results on Wednesday, August 8th. The transportation company reported $0.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.01). The company had revenue of $634.41 million for the quarter. ZTO Express (Cayman) had a net margin of 26.08% and a return on equity of 15.45%.

Several research firms recently commented on ZTO. Zacks Investment Research upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Saturday, June 30th. JPMorgan Chase & Co. cut their target price on shares of ZTO Express (Cayman) from $23.50 to $23.00 and set an “overweight” rating for the company in a research note on Friday, August 10th. Finally, ValuEngine cut shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a research note on Thursday, September 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. ZTO Express (Cayman) has a consensus rating of “Hold” and an average target price of $21.17.

A number of large investors have recently added to or reduced their stakes in ZTO. Elite Wealth Management Inc. acquired a new position in shares of ZTO Express (Cayman) in the 2nd quarter valued at $236,000. Wells Fargo & Company MN raised its stake in shares of ZTO Express (Cayman) by 99.9% in the 1st quarter. Wells Fargo & Company MN now owns 23,516 shares of the transportation company’s stock valued at $353,000 after buying an additional 11,752 shares in the last quarter. Dimensional Fund Advisors LP acquired a new position in shares of ZTO Express (Cayman) in the 1st quarter valued at $1,881,000. Commonwealth Equity Services LLC acquired a new position in shares of ZTO Express (Cayman) in the 2nd quarter valued at $205,000. Finally, AMP Capital Investors Ltd acquired a new position in shares of ZTO Express (Cayman) in the 2nd quarter valued at $434,000. Hedge funds and other institutional investors own 30.27% of the company’s stock.

NYSE:ZTO traded down $0.72 during trading hours on Friday, hitting $15.93. 32,053 shares of the company traded hands, compared to its average volume of 2,664,391. The stock has a market cap of $8.40 billion, a P/E ratio of 24.13 and a beta of 0.29. ZTO Express has a twelve month low of $14.51 and a twelve month high of $22.67.

ZTO Express (Cayman) Company Profile

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: Book Value Per Share – BVPS

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