Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $19.51 in the prior trading day, Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $19.7, up 0.97%. In other words, the price has increased by $0.97 from its previous closing price. On the day, 7.95 million shares were traded. ZIM stock price reached its highest trading level at $20.3 during the session, while it also had its lowest trading level at $19.48.
Ratios:
Our goal is to gain a better understanding of ZIM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.98. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 1.41 whereas as Long-Term Debt/Eq ratio is at 1.12.
On October 02, 2024, Jefferies Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 12 ’24 when Ben-Amram Eyal bought 26,945 shares for $19.10 per share.
Ben-Amram Eyal bought 3,055 shares of ZIM for $62,139 on Dec 11 ’24.
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 2373012992 and an Enterprise Value of 6088012800. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.802 whereas that against EBITDA is 3.567.
Stock Price History:
The Beta on a monthly basis for ZIM is 1.60, which has changed by -0.106170595 over the last 52 weeks, in comparison to a change of 0.12934029 over the same period for the S&P500. Over the past 52 weeks, ZIM has reached a high of $23.61, while it has fallen to a 52-week low of $11.03. The 50-Day Moving Average of the stock is 33.35%, while the 200-Day Moving Average is calculated to be 23.70%.
Shares Statistics:
The stock has traded on average 4.69M shares per day over the past 3-months and 7682860 shares per day over the last 10 days, according to various share statistics. A total of 120.46M shares are outstanding, with a floating share count of 119.04M. Insiders hold about 1.18% of the company’s shares, while institutions hold 40.81% stake in the company. Shares short for ZIM as of 1763078400 were 25413945 with a Short Ratio of 5.42, compared to 1760486400 on 23624483. Therefore, it implies a Short% of Shares Outstanding of 25413945 and a Short% of Float of 21.350001.
Earnings Estimates
The firm’s stock currently is rated by 3.0 analysts. The consensus estimate for the next quarter is -$0.75, with high estimates of -$0.75 and low estimates of -$0.75.
Analysts are recommending an EPS of between $3.22 and $2.69 for the fiscal current year, implying an average EPS of $2.95. EPS for the following year is -$2.63, with 3.0 analysts recommending between -$1.4 and -$3.28.
Revenue Estimates
4 analysts predict $1.5B in revenue for. The current quarter. It ranges from a high estimate of $1.58B to a low estimate of $1.41B. As of. The current estimate, Zim Integrated Shipping Services Ltd’s year-ago sales were $2.17BFor the next quarter, 4 analysts are estimating revenue of $1.51B. There is a high estimate of $1.54B for the next quarter, whereas the lowest estimate is $1.47B.
A total of 4 analysts have provided revenue estimates for ZIM’s current fiscal year. The highest revenue estimate was $7B, while the lowest revenue estimate was $6.83B, resulting in an average revenue estimate of $6.9B. In the same quarter a year ago, actual revenue was $8.43BBased on 6 analysts’ estimates, the company’s revenue will be $5.62B in the next fiscal year. The high estimate is $6.11B and the low estimate is $5.09B.
