ZIM Integrated Shipping Services Ltd. (ZIM) Beta: Monthly Comparison and Analysis

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) closed the day trading at $14.26 down -2.86% from the previous closing price of $14.68. In other words, the price has decreased by -$0.42 from its previous closing price. On the day, 12765576 shares were traded. ZIM stock price reached its highest trading level at $14.34 during the session, while it also had its lowest trading level at $12.95.

Top 5 EV Tech Stocks to Buy for 2023

According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.

Click Here to Download the FREE Report.



For a better understanding of ZIM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.49.

Upgrades & Downgrades

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZIM now has a Market Capitalization of 2.40B and an Enterprise Value of 3.48B. As of this moment, ZIM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at 0.28 whereas that against EBITDA is 0.46.

Stock Price History:

Over the past 52 weeks, ZIM has reached a high of $71.40, while it has fallen to a 52-week low of $14.50. The 50-Day Moving Average of the stock is 19.69, while the 200-Day Moving Average is calculated to be 24.16.

Shares Statistics:

Over the past 3-months, ZIM traded about 5.00M shares per day on average, while over the past 10 days, ZIM traded about 4.74M shares per day. A total of 120.10M shares are outstanding, with a floating share count of 80.39M. Insiders hold about 21.93% of the company’s shares, while institutions hold 38.80% stake in the company. Shares short for ZIM as of Apr 27, 2023 were 19.88M with a Short Ratio of 19.88M, compared to 17.33M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 16.54% and a Short% of Float of 20.86%.

Dividends & Splits

ZIM’s forward annual dividend rate is 16.95, up from 14.10 a year ago. Against a Trailing Annual Dividend Yield of 96.05%, it implies a Forward Annual Dividend Yield of 96.80%.

Earnings Estimates

Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of -$0.79 for the current quarter, with a high estimate of -$0.71 and a low estimate of -$0.95, while EPS last year was $11.07. The consensus estimate for the next quarter is -$0.4, with high estimates of $0.42 and low estimates of -$0.96.

Analysts are recommending an EPS of between -$1.22 and -$2.28 for the fiscal current year, implying an average EPS of -$1.63. EPS for the following year is -$1.85, with 6 analysts recommending between $1.59 and -$5.34.

Revenue Estimates

4 analysts predict $1.43B in revenue for the current quarter. It ranges from a high estimate of $1.51B to a low estimate of $1.32B. As of the current estimate, ZIM Integrated Shipping Services Ltd.’s year-ago sales were $3.43B, an estimated decrease of -58.30% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $1.47B, a decrease of -54.40% over than the figure of -$58.30% in the same quarter last year. There is a high estimate of $1.59B for the next quarter, whereas the lowest estimate is $1.38B.

A total of 7 analysts have provided revenue estimates for ZIM’s current fiscal year. The highest revenue estimate was $6.68B, while the lowest revenue estimate was $5.63B, resulting in an average revenue estimate of $6.11B. In the same quarter a year ago, actual revenue was $12.56B, down -51.30% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $6.05B in the next fiscal year. The high estimate is $6.87B and the low estimate is $5.21B. The average revenue growth estimate for next year is down -1.00% from the average revenue estimate for this year.