ZTO Express (Cayman) (NYSE:ZTO) Shares Gap Down – Time to Sell?

ZTO Express (Cayman) Inc. (NYSE:ZTO) gapped down prior to trading on Friday . The stock had previously closed at $24.62, but opened at $23.97. ZTO Express (Cayman) shares last traded at $23.82, with a volume of 192,525 shares trading hands.

ZTO Express (Cayman) Trading Down 1.6 %

The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $14.70 billion, a price-to-earnings ratio of 17.06, a P/E/G ratio of 1.18 and a beta of -0.10. The business has a 50-day moving average of $23.25 and a two-hundred day moving average of $21.87.

ZTO Express (Cayman) (NYSE:ZTO) last announced its quarterly earnings data on Tuesday, August 20th. The transportation company reported $0.47 earnings per share for the quarter. The company had revenue of $1.48 billion for the quarter. ZTO Express (Cayman) had a return on equity of 15.51% and a net margin of 21.22%. Research analysts predict that ZTO Express will post 1.69 EPS for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, September 10th were paid a $0.35 dividend. This represents a dividend yield of 4.6%. The ex-dividend date was Tuesday, September 10th. ZTO Express (Cayman)’s dividend payout ratio is 47.89%.

Institutional Trading of ZTO Express (Cayman)

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ZTO. EntryPoint Capital LLC bought a new stake in ZTO Express (Cayman) in the first quarter valued at $43,000. First Horizon Advisors Inc. bought a new stake in shares of ZTO Express (Cayman) in the 2nd quarter worth about $45,000. Blue Trust Inc. increased its position in shares of ZTO Express (Cayman) by 210.0% during the 3rd quarter. Blue Trust Inc. now owns 2,303 shares of the transportation company’s stock worth $57,000 after purchasing an additional 1,560 shares in the last quarter. Mendota Financial Group LLC acquired a new stake in shares of ZTO Express (Cayman) during the 2nd quarter worth about $167,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in ZTO Express (Cayman) in the first quarter valued at about $230,000. Institutional investors own 41.65% of the company’s stock.

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. It offers freight forwarding services; and delivery services for e-commerce and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.