Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
ZIM Integrated Shipping Services (ZIM)
NYSE:ZIM
RESEARCH TOOLSreports
ZIM Integrated Shipping Services (ZIM) Stock Price & Analysis
3,016 Followers
ZIM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.39 - $22.34
Previous Close$22.07
Volume5.32M
Average Volume (3M)5.11M
Market Cap
$2.66B
Enterprise Value$6.99B
Total Cash (Recent Filing)$22.00M
Total Debt (Recent Filing)$4.35B
Price to Earnings (P/E)―
Beta1.31
Next Earnings
Aug 14, 2024EPS Estimate
$0.29Next Dividend Ex-Date
Jun 04, 2024Dividend Yield76.8%
Share Statistics
EPS (TTM)-21.18
Shares Outstanding120,286,627
10 Day Avg. Volume6,692,469
30 Day Avg. Volume5,109,953
Standard Deviation0.24
R-Squared0.12
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)0.46
Price to Sales (P/S)0.20
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.67
Enterprise Value/Gross Profit1.09
Enterprise Value/Ebitda1.05
Forecast
1Y Price Target
$12.11Price Target Upside-43.01% Downside
Rating ConsensusHold
Number of Analyst Covering4
ZIM Integrated Shipping Services News
PremiumStock Analysis & Ideas
Up 88% in 1 Month, Has ZIM Stock’s (NYSE:ZIM) Ship Sailed?
PremiumCompany Announcements
ZIM Announces Dividend and Tax Incentives for Shareholders
Bulls Say, Bears Say
Bulls Say
Cash Flow PotentialCurrent spot levels point to notable cash build with spot rates averaging $1,900/teu, reflecting $1 billion in annualized free cash flow potential.
Financial ForecastManagement's new guidance seems easily achievable: ZIM updated its 2024 EBITDA guidance to a range of $1.15 billion to $1.55 billion.
Market DemandStrong demand is driving up freight rates, with ZIM expecting to benefit from higher spot rates due to market constraints.
Bears Say
Cash Flow ConcernsZIM's free cash flow is projected to decline significantly in 2024 due to higher-than-forecast lease payments despite announcing a dividend.
Financial ForecastZIM has raised its FY24 adj. EBITDA guidance but with a potential 50% downside to the price objective, an Underperform rating is reiterated.
Market ConditionsIndustry oversupply and new vessels delivered expected to weaken rates in the second half.
---
Ownership Overview
0.00%
Insiders
1.61% Mutual Funds
15.32% Other Institutional Investors
83.07% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
ZIM FAQ
What was ZIM Integrated Shipping Services’s price range in the past 12 months?
ZIM Integrated Shipping Services lowest stock price was $6.39 and its highest was $22.34 in the past 12 months.
What is ZIM Integrated Shipping Services’s market cap?
Currently, no data Available
When is ZIM Integrated Shipping Services’s upcoming earnings report date?
ZIM Integrated Shipping Services’s upcoming earnings report date is Aug 14, 2024 which is in 76 days.
How were ZIM Integrated Shipping Services’s earnings last quarter?
ZIM Integrated Shipping Services released its earnings results on May 21, 2024. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.98 by -$0.23.
Is ZIM Integrated Shipping Services overvalued?
According to Wall Street analysts ZIM Integrated Shipping Services’s price is currently Overvalued.
Does ZIM Integrated Shipping Services pay dividends?
ZIM Integrated Shipping Services pays a Annually dividend of $0.23 which represents an annual dividend yield of 76.8%. See more information on ZIM Integrated Shipping Services dividends here
What is ZIM Integrated Shipping Services’s EPS estimate?
ZIM Integrated Shipping Services’s EPS estimate is $0.29.
How many shares outstanding does ZIM Integrated Shipping Services have?
ZIM Integrated Shipping Services has 120,320,800 shares outstanding.
What happened to ZIM Integrated Shipping Services’s price movement after its last earnings report?
ZIM Integrated Shipping Services reported an EPS of $0.75 in its last earnings report, missing expectations of $0.98. Following the earnings report the stock price went down -4.849%.
Which hedge fund is a major shareholder of ZIM Integrated Shipping Services?
Among the largest hedge funds holding ZIM Integrated Shipping Services’s share is Causeway Capital Management LLC. It holds ZIM Integrated Shipping Services’s shares valued at 1M.
---
ZIM Integrated Shipping Services Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$12.11 (-43.01% Downside)
$12.11 (-43.01% Downside)
Blogger Sentiment
Bullish
ZIM Sentiment 86%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 205.2K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
60.15%
12-Months-Change
Fundamentals
Return on Equity
-66.79%
Trailing 12-Months
Asset Growth
-22.55%
Trailing 12-Months
Company Description
ZIM Integrated Shipping Services
ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades & Lines.
---
ZIM Company Deck
---
ZIM Earnings Call
Q1 2024
0:00 / 0:00
---
ZIM Stock 12 Month Forecast
Average Price Target
$12.11
▼(-43.01% Downside)
Technical Analysis
Best Analysts Covering ZIM
1 Year
1 Year Success Rate
3/14 ratings generated profit
1 Year Average Return
-56.99%
reiterated a sell rating 8 days ago
Copying Muneeba Kayani's trades and holding each position for 1 Year would result in 21.43% of your transactions generating a profit, with an average return of -56.99% per trade.
---