ZTO Express (Cayman) Inc. (NYSE:ZTO) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of ZTO Express (Cayman) Inc. (NYSE:ZTO) have been assigned an average rating of “Moderate Buy” from the seven research firms that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $22.36.

ZTO has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of ZTO Express (Cayman) in a research report on Monday, December 29th. Wall Street Zen cut ZTO Express (Cayman) from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Macquarie Infrastructure upgraded shares of ZTO Express (Cayman) from a “hold” rating to a “strong-buy” rating in a report on Sunday, February 8th. Finally, Zacks Research downgraded shares of ZTO Express (Cayman) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 7th.

ZTO Express (Cayman) Stock Down 2.5%

Shares of ZTO opened at $24.14 on Friday. ZTO Express has a fifty-two week low of $16.34 and a fifty-two week high of $25.52. The company’s fifty day moving average is $22.73 and its two-hundred day moving average is $20.57. The firm has a market cap of $14.23 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 4.48 and a beta of -0.18.

Institutional Trading of ZTO Express (Cayman)

Several large investors have recently added to or reduced their stakes in the stock. Signaturefd LLC lifted its stake in shares of ZTO Express (Cayman) by 22.5% during the fourth quarter. Signaturefd LLC now owns 2,693 shares of the transportation company’s stock worth $56,000 after purchasing an additional 494 shares in the last quarter. Ethic Inc. raised its holdings in shares of ZTO Express (Cayman) by 3.7% during the 4th quarter. Ethic Inc. now owns 15,943 shares of the transportation company’s stock valued at $333,000 after buying an additional 569 shares during the period. Legacy Wealth Asset Management LLC lifted its position in ZTO Express (Cayman) by 0.5% during the 3rd quarter. Legacy Wealth Asset Management LLC now owns 137,761 shares of the transportation company’s stock worth $2,645,000 after acquiring an additional 686 shares in the last quarter. CWM LLC lifted its position in ZTO Express (Cayman) by 42.2% during the 3rd quarter. CWM LLC now owns 2,341 shares of the transportation company’s stock worth $45,000 after acquiring an additional 695 shares in the last quarter. Finally, U S Global Investors Inc. boosted its holdings in ZTO Express (Cayman) by 5.1% in the 3rd quarter. U S Global Investors Inc. now owns 14,764 shares of the transportation company’s stock worth $283,000 after acquiring an additional 716 shares during the period. 41.65% of the stock is currently owned by institutional investors and hedge funds.

ZTO Express (Cayman) Company Profile

ZTO Express (Cayman) Inc is one of China’s leading express delivery companies, specializing in both domestic and cross-border parcel logistics. The company operates a technology-enabled network that connects shippers, independent pickup and delivery stations, regional sorting hubs and end customers. ZTO’s service portfolio includes standard express, heavy-weight parcel delivery, time-definite shipments and e-commerce logistics solutions tailored for online retailers and marketplaces.

Founded in 2002 and headquartered in Shanghai, ZTO has grown rapidly by leveraging a franchise-style operating model that engages a broad network of independent contractors.