What is the stock price forecast for ZIM in 12 months?
The 4 analysts with 12-month price forecasts for
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.
| Year | Mid-Year | Year-End |
|---|---|---|
| 2024 | $15.22 | $19.41 |
| 2025 | $22.98 | $23.12 |
| 2026 | $23.12 | $23.46 |
| 2027 | $26.48 | $27.35 |
Based on analyst ratings, Target's 12-month average price target is $164.21. What is TGT's upside potential, based on the analysts' average price target? Target has 9.76% upside potential, based on the analysts' average price target.
| Ticker | Price | Consensus |
|---|---|---|
| ZIM | $11.89 | Hold |
| DAC | $74.34 | Strong Buy |
| CMRE | $11.08 | Strong Buy |
| SFL | $11.93 | Hold |
Over the past month, the Zacks Consensus EPS estimate has moved 210.38% higher. Right now, ZIM Integrated Shipping Services possesses a Zacks Rank of #2 (Buy). In terms of valuation, ZIM Integrated Shipping Services is currently trading at a Forward P/E ratio of 5.67.
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).
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.
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ZIM stock have an average target of 10.43, with a low estimate of 5.00 and a high estimate of 20. The average target predicts a decrease of -20.92% from the current stock price of 13.19.
As of 2024-02-14, the Intrinsic Value of ZIM Integrated Shipping Services Ltd (ZIM) is 270.94 USD. This ZIM valuation is based on the model Peter Lynch Fair Value. With the current market price of 11.8 USD, the upside of ZIM Integrated Shipping Services Ltd is 2196.1%.
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| S.No. | Name | 3mth return % |
|---|---|---|
| 1. | Cropster Agro | 325.97 |
| 2. | Diamond Power | 231.25 |
| 3. | Waaree Tech. | 228.33 |
| 4. | Waaree Renewab. | 202.13 |
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.
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%.
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 |
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.
What is the next dividend date for ZIM?
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.
Therefore, Shareholders who wish to receive the Dividend must hold on to their ZIM Shares until the ex-dividend date.
The company's headquarters are in Haifa, Israel; Originating in 1945, ZIM has traded on the New York Stock Exchange since 2021.
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.
ZIM implied volatility (IV) is 96.2, which is in the 87% percentile rank. This means that 87% of the time the IV was lower in the last year than the current level. The current IV (96.2) is 3.2% above its 20 day moving average (93.3) indicating implied volatility is trending higher.
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