ZTO Express (Cayman) (ZTO) Expected to Announce Quarterly Earnings on Tuesday

ZTO Express (Cayman) (NYSE:ZTO) is expected to announce its earnings results after the market closes on Tuesday, March 18th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $11.73 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

ZTO Express (Cayman) Stock Down 0.5 %

ZTO stock opened at $20.02 on Tuesday. ZTO Express has a twelve month low of $17.89 and a twelve month high of $27.50. The stock has a market cap of $12.09 billion, a P/E ratio of 13.80, a PEG ratio of 1.03 and a beta of -0.13. The business’s 50-day moving average price is $19.33 and its 200-day moving average price is $21.02.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on ZTO shares. StockNews.com raised ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Tuesday, January 14th. HSBC cut ZTO Express (Cayman) from a “buy” rating to a “hold” rating and decreased their price target for the company from $28.00 to $20.00 in a research note on Tuesday, January 21st. Finally, Hsbc Global Res cut ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.53.

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.