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ZIM Integrated Shipping Services (ZIM)
NYSE:ZIM
RESEARCH TOOLSreports
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ZIM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.39 - $23.88
Previous Close$23.66
Volume1.16M
Average Volume (3M)5.16M
Market Cap
$2.83B
Enterprise Value$7.18B
Total Cash (Recent Filing)$22.00M
Total Debt (Recent Filing)$4.35B
Price to Earnings (P/E)―
Beta1.23
Next Earnings
Nov 13, 2024EPS Estimate
$5.8Last Dividend Ex-Date
Aug 29, 2024Dividend Yield5.19%
Share Statistics
EPS (TTM)-16.30
Shares Outstanding120,286,627
10 Day Avg. Volume5,732,450
30 Day Avg. Volume5,163,932
Standard Deviation0.25
R-Squared0.12
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)0.48
Price to Sales (P/S)0.21
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.69
Enterprise Value/Gross Profit1.12
Enterprise Value/Ebitda1.08
Forecast
1Y Price Target
$16.90Price Target Upside-28.21% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering7
ZIM Integrated Shipping Services News
Bulls Say, Bears Say
Bulls Say
DividendsA forecasted $0.5 dividend per share from 2Q24 earnings reflects ZIM's policy of a quarterly payout of 30%.
EarningsZIM has raised its FY24 adjusted EBITDA guidance to $2.6-3.0bn and its adjusted EBIT guidance to $1.45-1.85bn based on higher freight rates expectations.
Market ShareZIM continued to gain market share as its strong volumes reached 952,000 TEU, surpassing its 2023 quarterly average.
Bears Say
Demand UncertaintyThe company is uncertain about the sustainability of the recent pick-up in demand, which is either linked to an early peak season or a more sustained demand uptick.
Market RatesAlthough spot rates have declined in recent weeks, the SCFI is still 54% above the January peak.
Performance OutlookWith -24% potential total return to the price objective (including dividends), the stock remains underperforming.
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Ownership Overview
0.00%
Insiders
1.73% Mutual Funds
18.77% Other Institutional Investors
79.50% 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.
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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 $23.88 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 Nov 13, 2024 which is in 8 days.
How were ZIM Integrated Shipping Services’s earnings last quarter?
ZIM Integrated Shipping Services released its earnings results on Aug 19, 2024. The company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $1.919 by $1.161.
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 $0.93 which represents an annual dividend yield of 5.19%. 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 $5.8.
How many shares outstanding does ZIM Integrated Shipping Services have?
ZIM Integrated Shipping Services has 120,354,980 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 $3.08 in its last earnings report, beating expectations of $1.919. Following the earnings report the stock price went up 16.703%.
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 Moore Capital Management LP. It holds ZIM Integrated Shipping Services’s shares valued at 19M.
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ZIM Integrated Shipping Services Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$16.90 (-28.21% Downside)
$16.90 (-28.21% Downside)
Blogger Sentiment
Bullish
ZIM Sentiment 82%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 729.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.3%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
120.09%
12-Months-Change
Fundamentals
Return on Equity
-50.62%
Trailing 12-Months
Asset Growth
-9.13%
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.
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ZIM Company Deck
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ZIM Earnings Call
Q2 2024
0:00 / 0:00
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ZIM Stock 12 Month Forecast
Average Price Target
$16.90
▼(-28.21% Downside)
Technical Analysis
Best Analysts Covering ZIM
1 Year
1 Year Success Rate
3/16 ratings generated profit
1 Year Average Return
-49.32%
reiterated a sell rating 2 months ago
Copying Muneeba Kayani's trades and holding each position for 1 Year would result in 18.75% of your transactions generating a profit, with an average return of -49.32% per trade.
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