Is Zim a good stock to buy? (2024)

Is Zim a good stock to buy?

The financial health and growth prospects of ZIM, demonstrate its potential to outperform the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

(Video) Should you buy ZIM stock?
(3-Minute Breakdowns)
What is the future of ZIM stock?

Based on 4 Wall Street analysts offering 12 month price targets for ZIM Integrated Shipping Services in the last 3 months. The average price target is $11.33 with a high forecast of $20.00 and a low forecast of $5.00. The average price target represents a -10.15% change from the last price of $12.61.

(Video) ZIM Integrated Shipping Stock Analysis for 2024
(Value Investing with Sven Carlin, Ph.D.)
What is the price prediction for ZIM stock?

ZIM Integrated Shipping Services Ltd. (ZIM) Stock Forecast & Price Prediction 2025, 2030
Current Price$ 12.61
Price Prediction$ 11.58 (-8.17%)
Fear & Greed Index39 (Fear)
SentimentNeutral
Volatility6.26%
4 more rows

(Video) Is ZIM Integrated Shipping a Buy Now? | ZIM Stock Analysis |
(Global Value)
Why is ZIM shipping stock so cheap?

ZIM Integrated Shipping Services Ltd. has experienced a significant decline in earnings due to easing supply-chain constraints and a slowdown in the global economy. The company's financial performance in H1 2023 showed a decline in revenue and average freight rates.

(Video) Where Will ZIM Stock Be in 2025? | ZIM Integrated Shipping Stock Prediction | ZIM Prediction
(Parkev Tatevosian, CFA)
Is ZIM shipping a good company?

ZIM Integrated Shipping Services has an overall rating of 4.3 out of 5, based on over 1,397 reviews left anonymously by employees. 92% of employees would recommend working at ZIM Integrated Shipping Services to a friend and 84% have a positive outlook for the business.

(Video) Down 91%, Is ZIM Stock a Buy for 2024? | ZIM Stock Prediction | ZIM Stock Analysis | ZIM Stock News
(Parkev Tatevosian, CFA)
Who owns the most ZIM stock?

Largest shareholders include Susquehanna International Group, Llp, Menora Mivtachim Holdings Ltd., BlackRock Inc., Morgan Stanley, Citadel Advisors Llc, Susquehanna International Group, Llp, Citadel Advisors Llc, American Century Companies Inc, AVDV - Avantis International Small Cap Value ETF, and Jefferies Group LLC .

(Video) Can ZIM Stock Get Back To $80?
(Business of Life - Investing)
How many times a year does ZIM pay dividends?

Dividend Summary

The previous Zim Integrated Shipping Services Ltd dividend was 640c and it went ex 10 months ago and it was paid 10 months ago. There are typically 4 dividends per year (excluding specials).

(Video) ZIM Stock! Dividend Trap or Passive Income Heaven?!
(JT Wealth)
Is ZIM profitable?

Past Earnings Performance

ZIM Integrated Shipping Services has been growing earnings at an average annual rate of 42.8%, while the Shipping industry saw earnings growing at 47.5% annually. Revenues have been growing at an average rate of 29.4% per year.

(Video) ZIM Stock Dividend - EPIC or TRAP? (100% Dividend Yield)
(Bob Sharpe)
How long has ZIM stock been around?

ZIM debuted on the New York Stock Exchange in January 2021, with the backing of Citigroup, Goldman Sachs, and Barclays.

(Video) Should Investors Buy ZIM Stock on the Dip? | ZIM Stock Analysis | ZIM Stock Price Prediction
(Parkev Tatevosian, CFA)
What is the share price target for ZIM Laboratories in 2025?

ZIM Laboratories Share Price Target Table From 2024, 2025 to 2039
YearZIM Laboratories TargetYoY Change %
2025₹124.208.96%
2026₹117.82-5.14%
2027₹114.78-2.59%
2028₹115.530.65%
13 more rows

(Video) ZIM Stock: Buy, Sell, or Hold? | ZIM Stock Analysis
(Parkev Tatevosian, CFA)

Why is ZIM declining?

ZIM Integrated stock price has been declining due to poor Q3 results and depressed freight rates. Recent events in the Red Sea, such as missile strikes on cargo vessels, have sparked a short squeeze and potential increase in freight prices.

(Video) Dividend Stock pick month 18. Think $ZIM is good buy yet? | Dividend Investing
(Dividend Dudes)
Why is ZIM stock crashing?

ZIM stock price is plunging after a weak financial report by Maersk. In a statement, the company warned that the industry was going through a rough patch, forcing it to suspend its buyback and slashed its dividends. It estimates that its EBIT will be between a $5 billion loss and breakeven.

Is Zim a good stock to buy? (2024)
Why is ZIM falling?

After the company disappointed investors with a weaker-than-expected first-quarter 2023 earnings report and offered an inauspicious outlook on 2023, the stock price of ZIM Integrated Shipping Services(NYSE: ZIM) plunged more than 16% yesterday. And it doesn't look as if the sell-off will be ending today.

Why is ZIM tanking?

Whereas one year ago, ZIM was riding high atop a $1.3 billion net profit for Q2 2022, this time around the company sank into a $213 million loss. Management blamed "a non-cash after tax item of $51 million related to the redelivery of certain vessels" for part of the loss.

Is ZIM a buy or a sell?

ZIM vs Shipping Stocks
TickerPriceConsensus
ZIM$11.89Hold
DAC$74.34Strong Buy
CMRE$11.08Strong Buy
SFL$11.93Hold
1 more row

Is ZIM stock overvalued?

For this estimate we use a Discounted Cash Flow model. Significantly Below Fair Value: ZIM is trading below fair value by more than 20%.

Does BlackRock own ZIM?

BlackRock Inc. reports 5.74% increase in ownership of ZIM / ZIM Integrated Shipping Services Ltd. On November 13, 2023 - BlackRock Inc. filed a 13F-HR form disclosing ownership of 2,297,323 shares of ZIM Integrated Shipping Services Ltd. (US:ZIM) valued at $24,007,025 USD as of September 30, 2023.

Does ZIM have any debt?

Total debt on the balance sheet as of September 2023 : $4.74 B. According to ZIM Integrated Shipping Services's latest financial reports the company's total debt is $4.74 B. A company's total debt is the sum of all current and non-current debts.

Does ZIM own any ships?

As opposed to other major carriers, ZIM relies heavily on the chartering of ships. As of May 2023, only 8 of ZIM's ships were owned by the company, while 131 were chartered.

When can I sell ZIM and still get dividend?

Therefore, Shareholders who wish to receive the Dividend must hold on to their ZIM Shares until the ex-dividend date.

Will ZIM pay dividend in 2023?

On March 13, 2023, ZIM announced a dividend payment of $6.40 per ordinary share (approximately $769 million), to holders of the ordinary shares as of March 24, 2023.

What is the next dividend amount for ZIM 2023?

6.4000 USD

What is the stock price forecast for ZIM in 2024?

ZIM Stock Price Forecast 2024-2025

ZIM price started in 2024 at $9.87. Today, ZIM traded at $11.80, so the price increased by 20% from the beginning of the year. The forecasted ZIM price at the end of 2024 is $16.99 - and the year to year change +72%. The rise from today to year-end: +44%.

What happened to ZIM dividends?

The company's dividend policy dictated that ZIM cut the dividend payout. Fool.com contributor and finance professor Parkev Tatevosian provides a deeper analysis of why ZIM's (ZIM -2.62%) management team paused the dividend payment. *Stock prices used were the afternoon prices of June 15, 2023.

What are the best dividend stocks?

10 Best Dividend Stocks to Buy
  • Exxon Mobil XOM.
  • Verizon Communications VZ.
  • Philip Morris International PM.
  • PepsiCo PEP.
  • Altria Group MO.
  • Bristol-Myers Squibb BMY.
  • Medtronic MDT.
  • Gilead Sciences GILD.
Feb 14, 2024

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