In the latest trading session, 0.57 million Zim Integrated Shipping Services Ltd (NYSE:ZIM) shares changed hands as the company’s beta touched 1.66. With the company’s most recent per share price at $17.63 changing hands around $0.06 or 0.34% at last look, the market valuation stands at $2.12B. ZIM’s current price is a discount, trading about -64.49% off its 52-week high of $29.00. The share price had its 52-week low at $8.73, which suggests the last value was 50.48% up since then. When we look at Zim Integrated Shipping Services Ltd’s average trading volume, we note the 10-day average is 4.79 million shares, with the 3-month average coming to 6.47 million.

Analysts gave the Zim Integrated Shipping Services Ltd (ZIM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 4.00. If we narrow down to specifics, the data shows that 2 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ZIM as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Zim Integrated Shipping Services Ltd’s EPS for the current quarter is expected to be 3.22.

Zim Integrated Shipping Services Ltd (NYSE:ZIM) trade information

Instantly ZIM is in green as seen in intraday trades today. With action -1.51%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -17.89%, with the 5-day performance at -1.51% in the red. However, in the 30-day time frame, Zim Integrated Shipping Services Ltd (NYSE:ZIM) is -21.61% down. Looking at the short shares, we see there were 12.75 million shares sold at short interest cover period of 2.12 days.

The consensus price target for the stock as assigned by Wall Street analysts is 19.45, meaning bulls need an upside of 9.36% from its recent market value. According to analyst projections, ZIM’s forecast low is 13.9 with 25 as the target high. To hit the forecast high, the stock’s price needs a -41.8% plunge from its current level, while the stock would need to tank 21.16% for it to hit the projected low.

Zim Integrated Shipping Services Ltd (ZIM) estimates and forecasts

Data shows that the Zim Integrated Shipping Services Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -1.51% over the past 6 months, a 430.37% in annual growth rate that is considerably higher than the industry average of -14.20%. Year-over-year growth is forecast to reach 60.38% up from the last financial year.

Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 1.99B. 2 analysts are of the opinion that Zim Integrated Shipping Services Ltd’s revenue for the current quarter will be 1.7B. The company’s revenue for the corresponding quarters a year ago was 1.21B and 1.56B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 65.49%. The estimates for the next quarter sales put growth at 8.56%.

The 2025 estimates are for Zim Integrated Shipping Services Ltd earnings to increase by 168.18%.

ZIM Dividends

Zim Integrated Shipping Services Ltd is expected to release its next quarterly earnings report in March. The 22.27% annual yield figure for the share gives it an annual dividend of 3.93. It is important to note, however, that the 22.27% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

Zim Integrated Shipping Services Ltd (NYSE:ZIM)’s Major holders

GREENVALE CAPITAL LLP holds the second largest percentage of outstanding shares, with 3.5827% or 4.31 million shares worth $95.56 million as of 2024-06-30.

Among Mutual Funds, the top two as of Nov 30, 2024 were Avantis International Small Cap Value ETF and iShares Core MSCI EAFE ETF. With 1.58 shares estimated at $27.75 million under it, the former controlled 1.31% of total outstanding shares. On the other hand, iShares Core MSCI EAFE ETF held about 0.55% of the shares, roughly 657.29 shares worth around $11.56 million.