What is the price prediction for ZIM stock?
Stock Price Forecast
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.
The ZIM Shipping stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
ZIM Stock Price Forecast 2024-2025
ZIM price started in 2024 at $9.87. Today, ZIM traded at $12.61, so the price increased by 28% from the beginning of the year. The forecasted ZIM price at the end of 2024 is $19.41 - and the year to year change +97%. The rise from today to year-end: +54%.
| Year | ZIM Laboratories Target | YoY Change % |
|---|---|---|
| 2025 | ₹124.20 | 8.96% |
| 2026 | ₹117.82 | -5.14% |
| 2027 | ₹114.78 | -2.59% |
| 2028 | ₹115.53 | 0.65% |
What is ZIM's Price Target? According to 4 Wall Street analysts that have issued a 1 year ZIM price target, the average ZIM price target is $10.43, with the highest ZIM stock price forecast at $20.00 and the lowest ZIM stock price forecast at $5.00.
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).
Zacks' proprietary data indicates that ZIM Integrated Shipping Services Ltd. is currently rated as a Zacks Rank 2 and we are expecting an above average return from the ZIM shares relative to the market in the next few months.
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 .
For this estimate we use a Discounted Cash Flow model. Significantly Below Fair Value: ZIM is trading below fair value by more than 20%.
What is the ZIM stock prediction for 2030?
In 2030, the ZIM Integrated Shipping Services Ltd. stock will reach $ 288.05 if it maintains its current 10-year average growth rate. If this ZIM Integrated Shipping Services Ltd. stock prediction for 2030 materializes, ZIM stock willgrow 2,269.83% from its current price.
The company's headquarters are in Haifa, Israel; Originating in 1945, ZIM has traded on the New York Stock Exchange since 2021.
| Year | Prediction | Change |
|---|---|---|
| 2027 | $ 4.08B | 8,081,495,202,427.33% |
| 2028 | $ 17.64T | 34,939,951,081,714,876.00% |
| 2029 | $ 76,285.89T | 151,061,177,541,855,580,000.00% |
| 2030 | $ 329,818,351.78T | 6.53E+23% |
Number of shares outstanding as of February 2024 : 120,219,761. According to ZIM Integrated Shipping Services's latest financial reports and stock price the company's current number of shares outstanding is 120,219,761. At the end of 2023 the company had 120,219,761 shares outstanding.
What has been 52-week high of Zim Laboratories Ltd stocks? The highest price of Zim Laboratories Ltd stock is ₹152.70 in the last 52-week. What is the share price of Zim Laboratories Ltd (ZIMLAB) today on NSE?
| Volume | 771,181 |
|---|---|
| Beta | 1.67 |
| Analysts | Buy |
| Price Target | 4.00 (+67.36%) |
| Earnings Date | Feb 20, 2024 |
Last dividend for ZIM Integrated Shipping Services Ltd. (ZIM) as of Feb. 12, 2024 is 6.40 USD.
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.
| Ex/EFF Date | Type | Cash Amount |
|---|---|---|
| 05/27/2022 | Cash | $2.85 |
| 03/22/2022 | Cash | $17.00 |
| 12/15/2021 | Cash | $2.50 |
| 08/24/2021 | Cash | $2.00 |
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.
What is the next dividend amount for ZIM 2023?
ZIM Integrated Shipping Services's next quarterly payment date is on Apr 03, 2023, when ZIM Integrated Shipping Services shareholders who owned ZIM shares before Apr 04, 2023 received a dividend payment of $6.4 per share.
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.
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.
ZIM Integrated Shipping Services has an overall rating of 4.3 out of 5, based on over 1,399 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.
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.
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