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After finishing at $13.07 in the prior trading day, Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $13.25, up 1.38%. In other words, the price has increased by $1.38 from its previous closing price. On the day, 2.38 million shares were traded. ZIM stock price reached its highest trading level at $13.33 during the session, while it also had its lowest trading level at $12.79.
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 0.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.16. 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 1594253312 and an Enterprise Value of 4812550656. 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 0.65. Its current Enterprise Value per Revenue stands at 0.932 whereas that against EBITDA is -13.039.
Stock Price History:
The Beta on a monthly basis for ZIM is 1.62, which has changed by -0.20658684 over the last 52 weeks, in comparison to a change of 0.23099434 over the same period for the S&P500. Over the past 52 weeks, ZIM has reached a high of $17.97, while it has fallen to a 52-week low of $6.39. The 50-Day Moving Average of the stock is 21.05%, while the 200-Day Moving Average is calculated to be 20.59%.
Shares Statistics:
The stock has traded on average 5.03M shares per day over the past 3-months and 3897910 shares per day over the last 10 days, according to various share statistics. A total of 120.29M shares are outstanding, with a floating share count of 94.19M. Insiders hold about 21.72% of the company’s shares, while institutions hold 22.42% stake in the company. Shares short for ZIM as of 1713139200 were 31503702 with a Short Ratio of 6.27, compared to 1710460800 on 29220909. Therefore, it implies a Short% of Shares Outstanding of 31503702 and a Short% of Float of 33.44.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 4.0 analysts currently analyzing and rating the stock of Zim Integrated Shipping Services Ltd (ZIM).On average, analysts expect EPS of $1.57 for the current quarter, with a high estimate of $2.89 and a low estimate of $0.76, while EPS last year was -$0.5. The consensus estimate for the next quarter is -$0.3, with high estimates of $0.51 and low estimates of -$1.71.
Analysts are recommending an EPS of between $2.96 and -$5.21 for the fiscal current year, implying an average EPS of -$1.3. EPS for the following year is -$4.4, with 6.0 analysts recommending between -$2.21 and -$9.64.
Revenue Estimates
6 analysts predict $1.58B in revenue for the current quarter. It ranges from a high estimate of $1.83B to a low estimate of $1.42B. As of the current estimate, Zim Integrated Shipping Services Ltd’s year-ago sales were $1.37BFor the next quarter, 6 analysts are estimating revenue of $1.49B. There is a high estimate of $1.91B for the next quarter, whereas the lowest estimate is $1.16B.
A total of 7 analysts have provided revenue estimates for ZIM’s current fiscal year. The highest revenue estimate was $6.14B, while the lowest revenue estimate was $5.21B, resulting in an average revenue estimate of $5.71B. In the same quarter a year ago, actual revenue was $5.16BBased on 7 analysts’ estimates, the company’s revenue will be $5.27B in the next fiscal year. The high estimate is $5.92B and the low estimate is $4.84B.
