Zim Integrated Shipping Services Ltd (NYSE:ZIM) traded at $20.55 at last check on current trade day and made an upward move of 2.09% on its previous day’s price.
Looking at the stock we see that its previous close was $20.13 and the beta (5Y monthly) reads 1.658 with the day’s price range being $20.06 – $20.7. The company has a trailing 12-month PE ratio of 1.72. In terms of its 52-week price range, ZIM has a high of $29.00 and a low of $8.73. The company’s stock has gained about 23.65% over that past 30 days.
Zim Integrated Shipping Services Ltd has a market cap of $2.47 billion and is expected to release its quarterly earnings report in March. With its Forward Dividend at 3.93 and a yield of 19.10%, the company’s investors could be anxious for the ZIM stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the ZIM stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 4 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Zim Integrated Shipping Services Ltd (ZIM) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 2 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the ZIM stock currently stands at 0.02, and the most recent price level today is 12.78% off its SMA20 and 6.78% from its 50-day simple moving average. The RSI (14) is pointing at 60.36 while the volatility over the past week is 6.13% and jumps to 5.16% over the past one month. The beta value is 1.65, while the average true range (ATR) is currently pointing at 1.05. The average price target for the stock over the next 12 months is $19.45, with the estimates having a low of $13.9 and a high of $25. These price ends are 32.36% and -21.65% off the today’s price level respectively, although investors could be excited at the prospect of a 5.35% if the ZIM share price touches on the median price of $19.45.
Coming back to Zim Integrated Shipping Services Ltd (NYSE:ZIM), we note that the average 3-month trading volume was 6.50 million, while that of the preceding 10-day period stands at 5.36 million. Current shares outstanding are 120.39 million.
The insiders hold 1.08% of the company’s shares while institutions hold 52.45%. The data shows that short shares as of 2025-01-31, stood at 16.67 million at a short ratio of 2.98. This represents a 1769.00 short interest in shares outstanding on 2025-01-31. Shares short rose in January from the previous month at 11.92 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -4.29% down in year-to-date price movement.
