While Zim Integrated Shipping Services Ltd has underperformed by -5.59%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ZIM rose by 98.65%, with highs and lows ranging from $29.00 to $8.73, whereas the simple moving average jumped by 4.07% in the last 200 days.
On October 02, 2024, Jefferies Downgraded Zim Integrated Shipping Services Ltd (NYSE: ZIM) to Hold. Citigroup also Downgraded ZIM shares as ‘Sell’, setting a target price of $13 on the company’s shares in a report dated June 06, 2024. Jefferies January 29, 2024d the rating to Buy on January 29, 2024, and set its price target from $14 to $20. JP Morgan November 17, 2023d its ‘Overweight’ rating to ‘Neutral’ for ZIM, as published in its report on November 17, 2023. JP Morgan’s report from September 18, 2023 suggests a price prediction of $15.40 for ZIM shares, giving the stock a ‘Overweight’ rating. JP Morgan also rated the stock as ‘Neutral’.
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Analysis of Zim Integrated Shipping Services Ltd (ZIM)
ZIM currently pays a dividend of $3.97 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 117.22%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Zim Integrated Shipping Services Ltd’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 44.28% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.26, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 7.03M can be a very valuable indicator of volatility for ZIM stock. On a monthly basis, the volatility of the stock is set at 6.33%, whereas on a weekly basis, it is put at 5.51%, with a loss of -9.44% over the past seven days. Furthermore, long-term investors anticipate a median target price of $19.36, showing growth from the present price of $18.42, which can serve as yet another indication of whether ZIM is worth investing in or should be passed over.
How Do You Analyze Zim Integrated Shipping Services Ltd Shares?
The Israel based company Zim Integrated Shipping Services Ltd (ZIM) is one of the biggest names in Marine Shipping. When comparing Zim Integrated Shipping Services Ltd shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 1.54, there is a growth in quarterly earnings of 149.38%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 17.55%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 46.79% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ZIM shares are owned by institutional investors to the tune of 46.79% at present.
