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

ZTO Express (Cayman) (NYSE:ZTO) is anticipated to issue its quarterly earnings data 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. Parties that are interested in participating in the company’s conference call can do so using this link.

ZTO Express (Cayman) Trading Up 3.0 %

ZTO opened at $19.99 on Friday. The stock has a market capitalization of $12.08 billion, a PE ratio of 13.78, a PEG ratio of 1.03 and a beta of -0.13. ZTO Express has a 1-year low of $17.89 and a 1-year high of $27.50. The firm has a 50-day moving average price of $19.34 and a two-hundred day moving average price of $20.98.

Analyst Ratings Changes

ZTO has been the subject of several research reports. StockNews.com upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “buy” rating in a research report on Tuesday, January 14th. HSBC cut shares of ZTO Express (Cayman) from a “buy” rating to a “hold” rating and lowered their price target for the stock from $28.00 to $20.00 in a research report on Tuesday, January 21st. Finally, Hsbc Global Res cut shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. Three investment 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, the company currently 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.