Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $9.86 down -3.52% from its previous closing price of $10.22. In other words, the price has decreased by -$3.52 from its previous closing price. On the day, 1.95 million shares were traded. ZIM stock price reached its highest trading level at $10.285 during the session, while it also had its lowest trading level at $9.805.
Ratios:
For a deeper understanding of Zim Integrated Shipping Services Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 2.04 whereas as Long-Term Debt/Eq ratio is at 1.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 29, 2024, Upgraded its rating to Buy and sets its target price to $20 from $14 previously.
JP Morgan Upgraded its Neutral to Overweight on September 18, 2023, while the target price for the stock was maintained at $15.40.
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 1186365056 and an Enterprise Value of 4404663296. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.853 whereas that against EBITDA is -11.934.
Stock Price History:
Over the past 52 weeks, ZIM has reached a high of $21.88, while it has fallen to a 52-week low of $6.39. The 50-Day Moving Average of the stock is -10.99%, while the 200-Day Moving Average is calculated to be -10.71%.
Shares Statistics:
For the past three months, ZIM has traded an average of 5.58M shares per day and 2558250 over the past ten days. A total of 120.29M shares are outstanding, with a floating share count of 94.19M. Insiders hold about 21.71% of the company’s shares, while institutions hold 22.41% stake in the company. Shares short for ZIM as of 1711584000 were 32648337 with a Short Ratio of 5.85, compared to 1709164800 on 27843334. Therefore, it implies a Short% of Shares Outstanding of 32648337 and a Short% of Float of 34.660000000000004.
Earnings Estimates
The stock of Zim Integrated Shipping Services Ltd (ZIM) is currently in the spotlight, with ZIM Integrated Shipping Service analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $59.94, with high estimates of $0.13 and low estimates of $4.70.
Analysts are recommending an EPS of between $Healthcare and $Technology for the fiscal current year, implying an average EPS of $Technology.
