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FAQs
Is this a good time to buy ZIM stock? ›
ZIM is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 5.82. This compares to its industry's average Forward P/E of 7.06. Over the last 12 months, ZIM's Forward P/E has been as high as 2,112.74 and as low as -7,988.51, with a median of -1.78.
What is the earnings call for ZIM in 2024? ›Updated Full-Year 2024 Guidance
The Company increased its guidance for the full year of 2024 and now expects to generate Adjusted EBITDA between $2.6 billion and $3.0 billion and Adjusted EBIT between $1.45 billion and $1.85 billion.
| Target | Low | Average |
|---|---|---|
| Price | $9.25 | $14.29 |
| Change | -53.05% | -27.46% |
ZIM Earnings Forecast
Next quarter's earnings estimate for ZIM is $0.44 with a range of -$1.71 to $1.83.
Although ZIM Integrated Shipping Services had an earnings before interest and tax (EBIT) loss over the last twelve months, it generated positive free cash flow of US$904m. So taking that on face value, and considering the net cash situation, we don't think that the stock is too risky in the near term.
Is ZIM a safe buy? ›Valuation metrics show that ZIM Integrated Shipping Services Ltd. may be undervalued. Its Value Score of A indicates it would be a good pick for value investors.
Will ZIM pay a dividend again? ›Other than the Dividend previously declared by the Company to be paid on June 11, 2024, there is no guarantee the Company will declare additional dividends in the future.
What is the ZIM dividend for q1 2024? ›First Quarter 2024 Dividend and Dividend Policy
In accordance with the Company's dividend policy, the Company's Board of Directors declared a cash dividend of approximately $28 million, or $0.23 per ordinary share, reflecting approximately 30% of first quarter 2024 net income.
Dividend Summary
There is typically 1 dividend per year (excluding specials).
Avantis owns the most shares of ZIM Integrated Shipping Services (ZIM).
Is ZIM overvalued? ›
Undervalued with adequate balance sheet.
Is Zim integrated shipping a good dividend stock? ›As of today (2024-09-15), the Trailing Annual Dividend Yield of ZIM Integrated Shipping Services is 6.34%. During the past 7 years, the highest Dividend Yield of ZIM Integrated Shipping Services was 161.96%. The lowest was 1.04%. And the median was 80.74%.
Is ZIM a good stock to hold? ›Is ZIM Integrated Shipping Services stock a Buy, Sell or Hold? ZIM Integrated Shipping Services stock has received a consensus rating of hold. The average rating score is and is based on 6 buy ratings, 13 hold ratings, and 9 sell ratings.
What is the stock price prediction for ZIM in 2024? ›ZIM stock price forecast for September 2024. The forecast for beginning 18.27 dollars. Maximum price 21.41, minimum 15.90. Averaged ZIM stock price for the month 18.52.
Does ZIM have any debt? ›Total debt on the balance sheet as of March 2024 : $5.36 B
According to ZIM Integrated Shipping Services's latest financial reports the company's total debt is $5.36 B.
How much is ZIM Integrated Shipping Services's dividend? ZIM pays a dividend of $0.23 per share.
What is happening with ZIM? ›ZIM (ZIM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Is ZIM integrated shipping a good dividend stock? ›As of today (2024-09-15), the Trailing Annual Dividend Yield of ZIM Integrated Shipping Services is 6.34%. During the past 7 years, the highest Dividend Yield of ZIM Integrated Shipping Services was 161.96%. The lowest was 1.04%. And the median was 80.74%.