ZIM Integrated Shipping Services Ltd.

ZIM Integrated Shipping Services Ltd. Stock Forecast & Price Prediction

Live ZIM Integrated Shipping Services Ltd. Stock (ZIM) Price
$20.34

7

Ratings

  • Buy 0
  • Hold 2
  • Sell 5
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$20.34

P/E Ratio

1.70

Volume Traded Today

$6.3M

Dividend

$2.81

52 Week High/low

30.15/6.97

ZIM Integrated Shipping Services Ltd. Market Cap

$2.45B

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ZIM Summary

The ZIM Integrated Shipping Services Ltd. (ZIM) share price is expected to decrease by 11.6% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered ZIM. Price targets range from $10 at the low end to $28 at the high end. The current analyst consensus for ZIM is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

ZIM Analyst Ratings

About 7 Wall Street analysts have assignedZIM 0 buy ratings, 2 hold ratings, and 5 sell ratings. This means that analysts expect ZIM Integrated Shipping Services Ltd. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ZIM. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

ZIM stock forecast by analyst

These are the latest 20 analyst ratings of ZIM.

Analyst/Firm

Rating

Price Target

Change

Date

Alexia Dogani
Barclays

Underweight

$16.5

Maintains

Nov 25, 2024
Omar Nokta
Jefferies

Hold

$28

Maintains

Nov 21, 2024
Omar Nokta
Jefferies

Hold

$25

Maintains

Nov 20, 2024
Alexia Dogani
Barclays

Underweight

$13.9

Maintains

Oct 23, 2024
Omar Nokta
Jefferies

Hold

$25

Downgrade

Oct 2, 2024
Alexia Dogani
JP Morgan

Underweight

$10.5

Reinstates

Sep 10, 2024
Muneeba Kayani
B of A Securities

Underperform

$13.7

Maintains

Aug 28, 2024
Alexia Dogani
Barclays

Underweight

$15

Maintains

Aug 23, 2024
Omar Nokta
Jefferies

Buy

$25

Maintains

Aug 20, 2024
Omar Nokta
Jefferies

Buy

$22

Maintains

Aug 19, 2024
Sathish Sivakumar
Citigroup

Sell

$13

Downgrade

Jun 6, 2024
Alexia Dogani
Barclays

Underweight

$10

Maintains

May 28, 2024
Omar Nokta
Jefferies

Buy

$20

Maintains

May 22, 2024
Samuel Bland
JP Morgan

Neutral

$9.25

Maintains

Mar 22, 2024
Muneeba Kayani
B of A Securities

Underperform

$7.8

Maintains

Mar 19, 2024
Omar Nokta
Jefferies

Buy

$20

Reiterates

Mar 13, 2024
Omar Nokta
Jefferies

Buy

$20

Upgrade

Jan 29, 2024
Muneeba Kayani
B of A Securities

Underperform

$10.5

Maintains

Jan 4, 2024
Alexia Dogani
Barclays

Underweight

$5

Maintains

Dec 5, 2023
Samuel Bland
JP Morgan

Neutral

$6.2

Downgrade

Nov 17, 2023

ZIM Company Information

What They Do: Provides container shipping and related services.

Business Model: The company operates a fleet of 150 vessels, offering door-to-door and port-to-port transportation services for diverse customers, including end-users, consolidators, and freight forwarders. It generates revenue through shipping fees and premium services like ZIMonitor, a cargo tracking solution.

Other Information: Founded in 1945 and headquartered in Haifa, Israel, the company operates 67 weekly shipping lines, indicating a strong presence in the global shipping market and potential for growth in international logistics.
ZIM
ZIM Integrated Shipping Services Ltd. (ZIM)

When did it IPO

2003

Staff Count

4,778

Country

Israel

Sector/Industry

Industrials/Marine Shipping

CEO

Mr. Eliyahu Glickman

Market Cap

$2.45B

ZIM Integrated Shipping Services Ltd. (ZIM) Financial Data

In 2023, ZIM generated $5.16B in revenue, which was a decrease of -58.90% from the previous year. This can be seen as a signal that ZIM's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$3.99B

Revenue From 2021

$10.73B

168.78 %
From Previous Year

Revenue From 2022

$12.56B

17.08 %
From Previous Year

Revenue From 2023

$5.16B

-58.90 %
From Previous Year
  • Revenue TTM $5.97B
  • Operating Margin TTM 24.3%
  • Gross profit TTM $-2,207,600,000
  • Return on assets TTM 2.3%
  • Return on equity TTM -50.4%
  • Profit Margin -32.8%
  • Book Value Per Share 20.41%
  • Market capitalisation $2.45B
  • Revenue for 2021 $10.73B
  • Revenue for 2022 $12.56B
  • Revenue for 2023 $5.16B
  • EPS this year (TTM) $11.94

ZIM Integrated Shipping Services Ltd. (ZIM) Latest News

News Image

Sun, 08 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - ZIM's stock has surged 112.3% due to rising freight rates amid the Red Sea conflict, improving net incomes, and dividends, with FQ4'24 expected to be strong.

Why It Matters - ZIM's stock surge reflects strong financials driven by rising freight rates and dividends, indicating potential for continued growth, appealing to high-risk, dividend-focused investors.

News Image

Fri, 06 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - ZIM Integrated Shipping Services reports increased sea freight rates, raising 2024 EBIT forecasts. Stock trades at a 40% discount to book value, indicating potential for re-rating and strong dividends.

Why It Matters - ZIM's rising sea freight rates and increased EBIT forecast signal strong profitability, enhancing dividend prospects, while trading at a 40% discount to book value suggests significant upside potential.

News Image

Fri, 06 Dec 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - SEZL, PI, and ZIM are experiencing a short-term price pullback, presenting potential investment opportunities.

Why It Matters - SEZL, PI, and ZIM experiencing a price pullback may present buying opportunities for investors looking to capitalize on potential rebounds.

News Image

Mon, 02 Dec 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - ZIM Integrated Shipping Services Ltd. will distribute regular and special dividends on December 9, 2024, with tax withholding procedures confirmed by the Israeli Tax Authority.

Why It Matters - ZIM's upcoming dividend distributions, confirmed by a tax ruling, indicate strong financial health and commitment to returning value to shareholders, which can attract investor interest and potentially boost stock price.

News Image

Tue, 03 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - ZIM reported positive revenues and increased carried volumes, indicating strong performance. The company is also recognized for its shareholder-friendly initiatives.

Why It Matters - Strong revenues and carried volumes indicate ZIM's growth potential, while a shareholder-friendly approach may enhance investor confidence and drive stock performance.

News Image

Mon, 02 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - The P/B ratio indicates undervalued stocks with growth potential. Notable examples include GM, SEM, AXS, ZIM, and PFE.

Why It Matters - The mention of low P/B ratio stocks with growth potential signals investment opportunities, potentially leading to higher returns for those looking to capitalize on undervalued assets.

...

ZIM Frequently asked questions

The highest forecasted price for ZIM is $28 from Omar Nokta at Jefferies.

The lowest forecasted price for ZIM is $10 from Alexia Dogani from Barclays

The ZIM analyst ratings consensus are 0 buy ratings, 2 hold ratings, and 5 sell ratings.