ZIM Integrated Shipping Services Ltd. [ZIM] Revenue clocked in at $3.46 billion, up 165.22% YTD: What’s Next?

ZIM Integrated Shipping Services Ltd. [NYSE: ZIM] jumped around 3.12 points on Thursday, while shares priced at $30.50 at the close of the session, up 11.40%. The company report on March 22, 2021 that ZIM Reports Financial Results for the Fourth Quarter and Full Year 2020.

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– Generates Record Full Year Net Income of $524 Million.

– Continues to Deliver Industry Leading Operating Margins.

Compared to the average trading volume of 922.32K shares, ZIM reached a trading volume of 2494388 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about ZIM Integrated Shipping Services Ltd. [ZIM]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZIM shares is $31.53 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZIM stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for ZIM Integrated Shipping Services Ltd. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 23, 2021. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on February 22, 2021, representing the official price target for ZIM Integrated Shipping Services Ltd. stock.

The Average True Range (ATR) for ZIM Integrated Shipping Services Ltd. is set at 2.22, with the Price to Sales ratio for ZIM stock in the period of the last 12 months amounting to 0.93. Price to Free Cash Flow for ZIM in the course of the last twelve months was 5.80 with Quick ratio for the last quarter at 0.80.

How has ZIM stock performed recently?

ZIM Integrated Shipping Services Ltd. [ZIM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 25.31.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZIM stock in for the last two-week period is set at 70.19, with the RSI for the last a single of trading hit 73.05, and the three-weeks RSI is set at 69.63 for ZIM Integrated Shipping Services Ltd. [ZIM], while it was recorded at 27.34 for the last single week of trading.

ZIM Integrated Shipping Services Ltd. [ZIM]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and ZIM Integrated Shipping Services Ltd. [ZIM] shares currently have an operating margin of +17.50 and a Gross Margin at +21.11. ZIM Integrated Shipping Services Ltd.’s Net Margin is presently recorded at +12.98.

Return on Total Capital for ZIM is now 41.17, given the latest momentum, and Return on Invested Capital for the company is 41.03. Return on Equity for this stock inclined to 10,794.23, with Return on Assets sitting at 21.81. When it comes to the capital structure of this company, ZIM Integrated Shipping Services Ltd. [ZIM] has a Total Debt to Total Equity ratio set at 685.48. Additionally, ZIM Total Debt to Total Capital is recorded at 87.27, with Total Debt to Total Assets ending up at 64.87. Long-Term Debt to Equity for the company is recorded at 498.12, with the Long-Term Debt to Total Capital now at 63.42.

Receivables Turnover for the company is 10.22 with a Total Asset Turnover recorded at a value of 1.68.ZIM Integrated Shipping Services Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.

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