Zim Integrated Shipping Services Ltd (NYSE:ZIM)’s traded shares stood at 3.64 million during the latest session, with the company’s beta value hitting 1.77. At the last check today, the stock’s price was $26.89, to imply an increase of 7.52% or $1.88 in intraday trading. The ZIM share’s 52-week high remains $26.20, putting it 2.57% up since that peak but still an impressive 76.24% since price per share fell to its 52-week low of $6.39. The company has a valuation of $3.24B, with an average of 4.93 million shares in intraday trading volume over the past 10 days and average of 5.92 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Zim Integrated Shipping Services Ltd (ZIM), translating to a mean rating of 3.88. Of 4 analyst(s) looking at the stock, 2 analyst(s) give ZIM a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 7.21.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Zim Integrated Shipping Services Ltd (NYSE:ZIM) trade information
After registering a 7.52% upside in the latest session, Zim Integrated Shipping Services Ltd (ZIM) has traded red over the past five days. The 5-day price performance for the stock is 6.24%, and 27.02% over 30 days. With these gigs, the year-to-date price performance is 172.44%. Short interest in Zim Integrated Shipping Services Ltd (NYSE:ZIM) saw shorts transact 12.75 million shares and set a 2.12 days time to cover.
The extremes give us $12.2 and $25 for target low and target high price respectively. As such, ZIM has been trading 7.03% off suggested target high and 54.63% from its likely low.
Zim Integrated Shipping Services Ltd (ZIM) estimates and forecasts
Looking at statistics comparing Zim Integrated Shipping Services Ltd share performance against respective industry, we note that the company has outperformed competitors. Zim Integrated Shipping Services Ltd (ZIM) shares are 41.90% up over the last 6 months, with its year-to-date growth rate higher than industry average at 338.86% against -4.50%. Revenue is forecast to grow 418.23% this quarter before jumping 294.88% for the next one. The rating firms project that company’s revenue will grow 47.35% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 2.41B. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 1.86B.Earnings reports from the last fiscal year show that sales brought in 1.27B and 1.21B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 89.50% before jumping 53.95% in the following quarter.
ZIM Dividends
Zim Integrated Shipping Services Ltd has its next earnings report out on 2024-Nov-20. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Zim Integrated Shipping Services Ltd has a forward dividend ratio of 1.16, with the share yield ticking at 4.31% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is GREENVALE CAPITAL LLP with 4.31 million shares, or about 3.5827% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $95.56 million.
