ZTO Express (Cayman) Inc. (NYSE:ZTO) Receives Consensus Rating of “Hold” from Brokerages

ZTO Express (Cayman) Inc. (NYSE:ZTOGet Rating) has received an average rating of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $36.70.

Several equities research analysts have recently issued reports on ZTO shares. StockNews.com started coverage on shares of ZTO Express (Cayman) in a research note on Thursday, March 31st. They set a “hold” rating for the company. Citigroup decreased their price target on shares of ZTO Express (Cayman) from $40.90 to $39.60 and set a “buy” rating for the company in a research note on Friday, March 18th. Finally, Zacks Investment Research lowered shares of ZTO Express (Cayman) from a “hold” rating to a “sell” rating and set a $31.00 price target for the company. in a research note on Friday, January 21st.

Institutional investors have recently added to or reduced their stakes in the stock. Fieldpoint Private Securities LLC boosted its holdings in ZTO Express (Cayman) by 134.0% in the 4th quarter. Fieldpoint Private Securities LLC now owns 1,170 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 670 shares during the period. Krane Funds Advisors LLC boosted its holdings in ZTO Express (Cayman) by 15.4% in the 3rd quarter. Krane Funds Advisors LLC now owns 2,836 shares of the transportation company’s stock valued at $87,000 after purchasing an additional 378 shares during the period. Advisor Group Holdings Inc. boosted its holdings in ZTO Express (Cayman) by 14.1% in the 4th quarter. Advisor Group Holdings Inc. now owns 2,993 shares of the transportation company’s stock valued at $84,000 after purchasing an additional 369 shares during the period. JJJ Advisors Inc. boosted its holdings in ZTO Express (Cayman) by 25.1% in the 4th quarter. JJJ Advisors Inc. now owns 3,009 shares of the transportation company’s stock valued at $85,000 after purchasing an additional 603 shares during the period. Finally, Point72 Asset Management L.P. bought a new position in ZTO Express (Cayman) in the 4th quarter valued at $127,000. Institutional investors and hedge funds own 34.37% of the company’s stock.

Shares of ZTO stock opened at $26.31 on Friday. The company has a 50 day moving average of $27.08 and a 200-day moving average of $28.82. ZTO Express has a 12-month low of $19.72 and a 12-month high of $34.82. The firm has a market cap of $16.34 billion, a P/E ratio of 29.23, a PEG ratio of 1.17 and a beta of 0.07.

The firm also recently disclosed a — dividend, which will be paid on Tuesday, April 26th. Investors of record on Friday, April 8th will be paid a $0.25 dividend. This is a positive change from ZTO Express (Cayman)’s previous — dividend of $0.24. The ex-dividend date is Thursday, April 7th.

ZTO Express (Cayman) Company Profile (Get Rating)

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, 2019, it operated a fleet of approximately 6,450 self-owned trucks.

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Analyst Recommendations for ZTO Express (Cayman) (NYSE:ZTO)

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