ZIM Integrated Shipping Services Ltd. (ZIM)
| Market Cap | 2.20B |
| Revenue (ttm) | 7.47B |
| Net Income (ttm) | 1.44B |
| Shares Out | 120.39M |
| EPS (ttm) | 11.94 |
| PE Ratio | 1.53 |
| Forward PE | 4.94 |
| Dividend | $4.81 (26.30%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 2,895,130 |
| Open | 18.20 |
| Previous Close | 18.38 |
| Day's Range | 18.02 - 18.54 |
| 52-Week Range | 9.08 - 30.15 |
| Beta | 1.69 |
| Analysts | Sell |
| Price Target | 14.89 (-18.59%) |
| Earnings Date | Nov 20, 2024 |
About ZIM
ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of customers, including end-users, consolidators, and freight forwarders. The company also offers ZIMonitor, a premium reefer cargo tracking service. As of March 1, 2024, it operated a fleet of 150 vessels, which included 134 container vessels and 16 vehicle transport vessels; and as of December 31, 2023, it opera... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for ZIM stock is "Sell." The 12-month stock price forecast is $14.89, which is a decrease of -18.59% from the latest price.
News
ZIM: Trading Below Cash With Kenon's Exit In Sight (Rating Upgrade)
ZIM Integrated Shipping Services Ltd. reported strong Q3 results, beating analysts' estimates, and announced a special dividend, with expectations of continued profitability into Q1-2025. Kenon's ongo...
Is ZIM Integrated A Buy After The Ex-Dividend Date?
ZIM has charted an eye-watering stock price rally by +112.3%, thanks to rising freight rates from the ongoing Red Sea conflict and longer transits. These developments have triggered the company's rich...
ZIM Integrated Shipping: The Return Of The Fat Dividend
ZIM Integrated Shipping Services is experiencing a major comeback with a substantial increase in sea freight rates, boosting profitability and dividends. The company raised its 2024 EBIT forecast sign...
ZIM Updates on Withholding Tax Procedures on December 2024 Regular and Special Cash Dividends
HAIFA, Israel , Dec. 2, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection wi...
ZIM Integrated Shipping: Dividend, Growth, And Profitability; Triple Threat
ZIM Integrated Shipping Services has surged over 200% in the past year due to strong results and improved shipping rates, despite trading at a discount to peers. The company has significantly increase...
ZIM Integrated Shipping: Why The Valuation Could Double
ZIM Integrated Shipping Services reported strong Q3 earnings last week, driven by a surge in freight rates and higher shipment volumes, leading to significant revenue and free cash flow growth. The co...
Why ZIM Integrated Thrives Amid Market Chaos
ZIM outperformed the market, delivering a 32% return in two months, reflecting its undervaluation and growth. Forward P/E ratio of 2.17 (89% below sector median) and forward P/S ratio of 0.42 (74% bel...
ZIM Integrated: Selling The Great News On Potential 2025 Headwinds (Downgrade)
As expected by me, Israel-based liner company ZIM Integrated Shipping Services Ltd. reported strong Q3 2024 results and raised full-year projections significantly. The company declared an aggregate $3...
ZIM Integrated Shipping Services Ltd. (ZIM) Q3 2024 Earnings Call Transcript
ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) Q3 2024 Earnings Conference Call November 20, 2024 8:00 AM ET Company Participants Elana Holzman - Head of Investor Relations Eli Glickman - President...
ZIM Reports Financial Results for the Third Quarter of 2024; Raises Full Year 2024 Guidance
Reported Revenues of $2.77 Billion, Net Income of $1.13 Billion, Adjusted EBITDA 1 of $1.53 Billion and Adjusted EBIT of $1.24 Billion 2 ; Achieved Adjusted EBITDA and Adjusted EBIT Margins of 55% an...
Here's why the ZIM Integrated stock could slip 20% after earnings
ZIM Integrated stock price rallied for three consecutive weeks and reached its highest level since August 2022. It has soared by over 334% from its lowest level in 2023, making it one of the best-perf...
ZIM Integrated Shipping: Fleet Expansion On Track While Red Sea Conflict Maintains Freight Rates
ZIM is bound to complete its fleet upgrade by year-end, with 46 new vessels introduced since 2021, improving capacity and lowering fuel costs. The MSC and Hapag-Lloyd partnerships could lead to new tr...
JPMorgan Flags IMAX, H.B. Fuller, ZIM As Top Short Picks With Challenges
JPMorgan has unveiled his latest picks for short positions, flagging three stocks — IMAX Corp IMAX, ZIM Integrated Shipping Services Ltd ZIM, and H.B. Fuller Company FUL— as potential downside plays.
ZIM Integrated Shipping Should Beat Q3 Earnings - Buy
ZIM Integrated Shipping has shown resilience and strategic growth, achieving strong Q2 2024 results with significant revenue, net income, and EBITDA margins. Fleet renewal with fuel-efficient LNG-powe...
ZIM Integrated: Probably No Dividend In 2025 H1
I expect an earning loss from ZIM Integrated Shipping Services Ltd. stock for 2025 H1, and thus do not expect a dividend payout. The expectation is based primarily on considerations of fuel costs and ...
ZIM to Release Third Quarter 2024 Results on Wednesday, November 20, 2024
HAIFA, Israel , Oct. 30, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its third quarter 2024 financial results on Wednesday, Nov...
ZIM Integrated: A Buy Ahead Of Anticipated Stellar Q3 Results Next Month
On Monday, leading liner company A.P. Moller-Maersk, or “Maersk” reported strong preliminary Q3 results and raised full-year guidance for the fourth time in less than six months. The news bodes well f...
ZIM Integrated: Double Tailwinds Trigger Robust Near-Term Dividend Prospects
ZIM has been upgraded to a speculative buy for dividend oriented investors, thanks to the promising market tailwinds and the projected expansion in its profitability. With the management already raisi...
Container-Ship Stocks Fall After U.S. Port Strike Ends
Shares dropped as much as 16% as the agreement nixed for now the prospects of higher freight rates.
ZIM Integrated Shipping: Buy The Dip On Strong Near-Term Outlook
Recently, shares of Israel-based liner company ZIM Integrated Shipping Services have appreciated by almost 50%. For my part, I would attribute the move to market participants positioning in correct an...
Zim Integrated Shipping: Is now the time to buy ZIM stock amid port strike challenges?
Zim Integrated Shipping Services Ltd (NYSE: ZIM) is well-positioned to withstand the anticipated impact of the ongoing port strike, which could potentially cost the US economy up to $4 billion per day...
ZIM Integrated stock price flipped key resistance: now what?
The ZIM Integrated Shipping (ZIM) stock price is firing on all cylinders this year as shipping costs rebound. Most recently, it has risen in the last eight consecutive days, moving to a high of $26.18...
Top 5 Industrials Stocks That May Collapse In Q3
As of Sept. 25, 2024, five stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
ZIM Integrated: The Search For A 1x P/E Stock
Current conditions surrounding ZIM remind me of Mohnish Pabrai's 10 investment commandments. One of the commandments says: "Thou shall look a for 1x P/E stock." ZIM stock is approaching a 1x FWD P/E r...
Pickommerce Secures $3.4M Investment to Advance Innovative Robotic Piece-Picking Technology
Announces New Installation of PickoBot™, Poised to Disrupt Autonomous Warehousing Ecosystem with Increased Efficiency and Reduced Costs PETAH TIKVA, Israel , Sept. 17, 2024 /PRNewswire/ -- Pickommerce...