Zim Integrated Shipping Services Ltd (NYSE:ZIM) has a beta value of 1.75 and has seen 0.81 million shares traded in the recent trading session. The company, currently valued at $1.86B, closed the recent trade at $15.44 per share which meant it lost -$0.02 on the day or -0.12% during that session. The ZIM stock price is -87.82% off its 52-week high price of $29.00 and 39.25% above the 52-week low of $9.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.64 million shares traded. The 3-month trading volume is 6.32 million shares.
The consensus among analysts is that Zim Integrated Shipping Services Ltd (ZIM) is Buy stock at the moment, with a recommendation rating of 4.00. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.83.
Zim Integrated Shipping Services Ltd (NYSE:ZIM) trade information
Sporting -0.12% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ZIM stock price touched $15.44 or saw a rise of 4.46%. Year-to-date, Zim Integrated Shipping Services Ltd shares have moved -28.08%, while the 5-day performance has seen it change -0.18%. Over the past 30 days, the shares of Zim Integrated Shipping Services Ltd (NYSE:ZIM) have changed -19.99%. Short interest in the company has seen 13.01 million shares shorted with days to cover at 2.08.
Wall Street analysts have a consensus price target for the stock at $13.9, which means that the shares’ value could drop -11.08% from the levels at last check today. The projected low price target is $13.9 while the price target rests at a high of $13.9. In that case, then, we find that the latest price level in today’s session is 9.97% off the targeted high while a plunge would see the stock lose 9.97% from the levels at last check today.
Zim Integrated Shipping Services Ltd (ZIM) estimates and forecasts
The company’s shares have lost -37.44% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -21.18%.
2 analysts offering their estimates for the company have set an average revenue estimate of 1.84B for the current quarter. 2 have an estimated revenue figure of 1.79B for the next ending quarter. Year-ago sales stood 1.56B and 1.93B respectively for this quarter and the next, and analysts expect sales will grow by 17.80% for the current quarter and -21.18% for the next.
ZIM Dividends
Zim Integrated Shipping Services Ltd is expected to release its next earnings report on 2025-Mar-11 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 7.10 at a share yield of 45.95%. The company’s dividend yield has gone up over the past 12 months.
Zim Integrated Shipping Services Ltd (NYSE:ZIM)’s Major holders
Insiders own 1.17% of the company shares, while shares held by institutions stand at 54.57% with a share float percentage of 55.22%. Investors are also buoyed by the number of investors in a company, with Zim Integrated Shipping Services Ltd having a total of 306.0 institutions that hold shares in the company. The top two institutional holders are D. E. SHAW & CO., INC. with over 4.85 million shares worth more than $107.43 million. As of 2024-06-30, D. E. SHAW & CO., INC. held 4.0268% of shares outstanding.
The other major institutional holder is GREENVALE CAPITAL LLP, with the holding of over 4.31 million shares as of 2024-06-30. The firm’s total holdings are worth over $95.56 million and represent 3.5817% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are American Century ETF Trust-Avantis International Small Cap Value ETF and iShares Trust-iShares Core MSCI EAFE ETF. As of Feb 28, 2025, the former fund manager holds about 1.54% shares in the company for having 1.86 shares of worth $28.71 million while later fund manager owns 749.37 shares of worth $11.59 million as of Feb 28, 2025, which makes it owner of about 0.62% of company’s outstanding stock.
