Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $17.34 in the last session, down -2.64% from day before closing price of $17.81. In other words, the price has decreased by -$2.64 from its previous closing price. On the day, 8.68 million shares were traded. ZIM stock price reached its highest trading level at $18.1157 during the session, while it also had its lowest trading level at $17.215.
Ratios:
We take a closer look at ZIM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 1.16.
On October 02, 2024, Jefferies Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $25.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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. On Nov 22 ’24, another insider, Kenon Holdings Ltd., who serves as the 10% Owner of the company, bought 14,843,478 shares for $24.23 each.
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 2088741760 and an Enterprise Value of 5661332992. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 0.638 whereas that against EBITDA is 1.943.
Stock Price History:
The Beta on a monthly basis for ZIM is 1.68, which has changed by -0.09024137 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, ZIM has reached a high of $29.00, while it has fallen to a 52-week low of $11.03. The 50-Day Moving Average of the stock is 6.15%, while the 200-Day Moving Average is calculated to be -4.39%.
Shares Statistics:
According to the various share statistics, ZIM traded on average about 6.14M shares per day over the past 3-months and 5876070 shares per day over the past 10 days. 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 49.41% stake in the company. Shares short for ZIM as of 1753920000 were 24183360 with a Short Ratio of 3.94, compared to 1751241600 on 24781395. Therefore, it implies a Short% of Shares Outstanding of 24183360 and a Short% of Float of 20.31.
Earnings Estimates
The market rating of Zim Integrated Shipping Services Ltd (ZIM) is currently shaped by the ongoing analysis conducted by 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.33, with high estimates of $0.56 and low estimates of $0.15.
Analysts are recommending an EPS of between $3.7 and $3.08 for the fiscal current year, implying an average EPS of $3.46. EPS for the following year is -$0.85, with 3.0 analysts recommending between $1.43 and -$3.03.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $1.78B. It ranges from a high estimate of $1.96B to a low estimate of $1.6B. As of the current estimate, Zim Integrated Shipping Services Ltd’s year-ago sales were $1.93BFor the next quarter, 4 analysts are estimating revenue of $1.77B. There is a high estimate of $1.92B for the next quarter, whereas the lowest estimate is $1.66B.
A total of 5 analysts have provided revenue estimates for ZIM’s current fiscal year. The highest revenue estimate was $7.16B, while the lowest revenue estimate was $6.83B, resulting in an average revenue estimate of $7.01B. In the same quarter a year ago, actual revenue was $8.43BBased on 5 analysts’ estimates, the company’s revenue will be $5.84B in the next fiscal year. The high estimate is $6.27B and the low estimate is $5.48B.
