ZTO Express (Cayman) Target of Unusually High Options Trading (NYSE:ZTO)

ZTO Express (Cayman) Inc. (NYSE:ZTO) was the target of unusually large options trading activity on Wednesday. Investors purchased 10,718 call options on the company. This represents an increase of approximately 555% compared to the average daily volume of 1,636 call options.

ZTO Express (Cayman) Trading Down 1.7 %

ZTO opened at $25.56 on Thursday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $15.51 billion, a PE ratio of 18.32, a PEG ratio of 1.26 and a beta of -0.10. ZTO Express has a 1-year low of $15.90 and a 1-year high of $27.50. The firm has a 50-day moving average price of $21.75 and a two-hundred day moving average price of $21.52.

ZTO Express (Cayman) (NYSE:ZTO) last posted its quarterly earnings data on Tuesday, August 20th. The transportation company reported $0.47 earnings per share for the quarter. The firm had revenue of $1.48 billion during the quarter. ZTO Express (Cayman) had a net margin of 21.22% and a return on equity of 15.51%. As a group, equities analysts anticipate that ZTO Express will post 1.69 earnings per share for the current fiscal year.

ZTO Express (Cayman) Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which will be paid on Thursday, October 17th. Stockholders of record on Tuesday, September 10th will be given a dividend of $0.35 per share. This represents a dividend yield of 4.6%. The ex-dividend date is Tuesday, September 10th. ZTO Express (Cayman)’s dividend payout ratio is 47.89%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Macquarie cut shares of ZTO Express (Cayman) from an “outperform” rating to a “neutral” rating and set a $21.20 target price for the company. in a research report on Wednesday, June 26th. Bank of America increased their target price on shares of ZTO Express (Cayman) from $25.20 to $26.90 and gave the stock a “buy” rating in a research report on Monday, June 17th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $27.03.

Institutional Investors Weigh In On ZTO Express (Cayman)

Institutional investors have recently modified their holdings of the business. EntryPoint Capital LLC bought a new position in ZTO Express (Cayman) during the 1st quarter worth approximately $43,000. First Horizon Advisors Inc. bought a new position in ZTO Express (Cayman) during the 2nd quarter worth approximately $45,000. Barometer Capital Management Inc. bought a new position in ZTO Express (Cayman) during the 4th quarter worth approximately $126,000. Mendota Financial Group LLC bought a new position in ZTO Express (Cayman) in the second quarter valued at approximately $167,000. Finally, O Shaughnessy Asset Management LLC acquired a new stake in shares of ZTO Express (Cayman) in the first quarter valued at approximately $230,000. Institutional investors and hedge funds own 41.65% of the company’s stock.

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.