ZTO Express (Cayman) Inc. (NYSE:ZTO – Get Free Report) was the target of some unusual options trading on Wednesday. Investors acquired 10,718 call options on the company. This is an increase of 555% compared to the average volume of 1,636 call options.
ZTO Express (Cayman) Stock Performance
ZTO Express (Cayman) stock traded down $0.53 during mid-day trading on Wednesday, hitting $25.48. The company had a trading volume of 1,482,944 shares, compared to its average volume of 3,593,634. The company has a market capitalization of $15.46 billion, a price-to-earnings ratio of 18.32, a P/E/G ratio of 1.26 and a beta of -0.10. ZTO Express has a 12-month low of $15.90 and a 12-month high of $27.50. The company’s fifty day moving average is $21.75 and its 200-day moving average is $21.52. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.12.
ZTO Express (Cayman) (NYSE:ZTO – Get Free Report) last released its quarterly earnings results on Tuesday, August 20th. The transportation company reported $0.47 EPS for the quarter. ZTO Express (Cayman) had a net margin of 21.22% and a return on equity of 15.51%. The company had revenue of $1.48 billion for the quarter. Equities research analysts predict that ZTO Express will post 1.69 EPS for the current year.
ZTO Express (Cayman) Dividend Announcement
Institutional Trading of ZTO Express (Cayman)
Several institutional investors have recently bought and sold shares of ZTO. Barometer Capital Management Inc. acquired a new position in shares of ZTO Express (Cayman) during the fourth quarter valued at approximately $126,000. Quadrature Capital Ltd purchased a new position in ZTO Express (Cayman) in the 4th quarter valued at $341,000. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its stake in ZTO Express (Cayman) by 50.2% during the 1st quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 40,700 shares of the transportation company’s stock worth $852,000 after purchasing an additional 13,600 shares during the last quarter. XY Capital Ltd purchased a new stake in shares of ZTO Express (Cayman) during the first quarter worth $4,183,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of ZTO Express (Cayman) by 72.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,608 shares of the transportation company’s stock valued at $3,534,000 after buying an additional 69,039 shares during the last quarter. 41.65% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on ZTO shares. Macquarie lowered shares of ZTO Express (Cayman) from an “outperform” rating to a “neutral” rating and set a $21.20 price target for the company. in a research report on Wednesday, June 26th. Bank of America raised their target price on shares of ZTO Express (Cayman) from $25.20 to $26.90 and gave the stock a “buy” rating in a report on Monday, June 17th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $27.03.
View Our Latest Stock Analysis on ZTO Express (Cayman)
About ZTO Express (Cayman)
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.
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