ZIM Integrated Shipping Services Ltd. (ZIM)
| Market Cap | 3.25B |
| Revenue (ttm) | 7.47B |
| Net Income (ttm) | 1.44B |
| Shares Out | 120.35M |
| EPS (ttm) | 11.95 |
| PE Ratio | 2.26 |
| Forward PE | 7.69 |
| Dividend | $1.16 (4.30%) |
| Ex-Dividend Date | Aug 29, 2024 |
| Volume | 23,406,455 |
| Open | 29.67 |
| Previous Close | 26.78 |
| Day's Range | 26.92 - 30.15 |
| 52-Week Range | 6.39 - 30.15 |
| Beta | 1.79 |
| Analysts | Sell |
| Price Target | 14.97 (-44.58%) |
| 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 $14.97, which is a decrease of -44.58% from the latest price.
News
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...
ZIM Integrated: Q3 EPS Are Set Around $10 EPS, Q4 Could Be Similar
ZIM's Q2 results exceeded expectations, with $3.08 EPS, and Q3 is projected to deliver $10 EPS, driven by higher rates and lower costs. Potential ILA strike could disrupt supply chains, boosting rates...
ZIM Integrated Gets Buy Rating After Strong Performance
ZIM shows a potential upward momentum to $21.50, supported by technical indicators and Fibonacci levels. ZIM now operates 148 vessels, with 38 new ships delivered by Q2, 2024, boosting operational cap...
ZIM Announces New Operational Cooperation with MSC Covering the Strategic Transpacific Trade
New Agreement which includes Six Asia to USEC and USGC Services is Scheduled to Commence in February 2025 HAIFA, Israel , Sept. 9, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd.
ZIM Integrated Shipping: The Dividend Is Roaring Back
ZIM Integrated Shipping's profits surged in 2Q24 due to a significant recovery in sea freight prices, driven by Middle East turmoil and increased shipping risks. The company's EBIT forecast for 2024 w...
ZIM Integrated Shipping: The Rally Doesn't Have Enough Legs
ZIM Integrated Shipping Services Q2-2024 earnings provided investors with all they wanted: beat, raise, and a juicy dividend, sending the stock soaring in the following trading session. ZIM's business...
ZIM Updates on Withholding Tax Procedures on September 2024 Cash Dividend
HAIFA, Israel , Aug. 27, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection w...
ZIM Integrated Shipping: Impressive Growth
ZIM Integrated Shipping reported better than expected earnings for Q2, benefiting from strong shipping prices. The company's key metrics improved significantly, with a 48% revenue surge and 122% incre...