In the last trading session, 8.92 million Zim Integrated Shipping Services Ltd (NYSE:ZIM) shares changed hands as the company’s beta touched 1.81. With the company’s per share price at $18.85 changed hands at -$0.52 or -2.68% during last session, the market valuation stood at $2.27B. ZIM’s last price was a discount, traded about -53.85% off its 52-week high of $29.00. The share price had its 52-week low at $11.03, which suggests the last value was 41.49% up since then.
Analysts gave the Zim Integrated Shipping Services Ltd (ZIM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 4.12. 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 (NYSE:ZIM) trade information
Instantly ZIM was in red as seen at the end of in last trading. With action 10.17%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -12.20%, with the 5-day performance at 10.17% in the green. However, in the 30-day time frame, Zim Integrated Shipping Services Ltd (NYSE:ZIM) is 45.56% up.
The consensus price target for the stock as assigned by Wall Street analysts is 13.9, meaning bulls need a downside of -35.61% from its current market value. According to analyst projections, ZIM’s forecast low is 12.2 with 25 as the target high. To hit the forecast high, the stock’s price needs a -32.63% plunge from its current level, while the stock would need to tank 35.28% for it to hit the projected low.
The 2025 estimates are for Zim Integrated Shipping Services Ltd earnings to decrease by -88.13%.
ZIM Dividends
Zim Integrated Shipping Services Ltd is expected to release its next quarterly earnings report in June. The 37.64% annual yield figure for the share gives it an annual dividend of 7.10. It is important to note, however, that the 37.64% 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.
GREENVALE CAPITAL LLP holds the second largest percentage of outstanding shares, with 3.5817% or 4.31 million shares worth $95.56 million as of 2024-06-30.
