Zim Integrated Shipping Services Ltd [NYSE: ZIM] gained 0.64% on the last trading session, reaching $26.78 price per share at the time.
If compared to the average trading volume of 6.02M shares, ZIM reached a trading volume of 5195288 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying 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 $18.51 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 3.88. 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.
Jefferies have made an estimate for Zim Integrated Shipping Services Ltd shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 02, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price to Underweight. The new note on the price target was released on September 10, 2024, representing the official price target for Zim Integrated Shipping Services Ltd stock. Previously, the target price had yet another raise to $13, while Citigroup analysts kept a Sell rating on ZIM stock. On January 29, 2024, analysts increased their price target for ZIM shares from 14 to 20.
The Average True Range (ATR) for Zim Integrated Shipping Services Ltd is set at 1.33, with the Price to Sales ratio for ZIM stock in the period of the last 12 months amounting to 0.54. The Price to Book ratio for the last quarter was 1.12, with the Price to Cash per share for the same quarter was set at 13.20. Price to Free Cash Flow for ZIM in the course of the last twelve months was 3.17 with Quick ratio for the last quarter at 0.97.
Trading performance analysis for ZIM stock
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 10.80. With this latest performance, ZIM shares gained by 8.42% in over the last four-week period, additionally plugging by 46.74% over the last 6 months – not to mention a rise of 251.44% in the past year of trading.
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 65.85, with the RSI for the last a single of trading hit 70.56, and the three-weeks RSI is set at 62.94 for Zim Integrated Shipping Services Ltd [ZIM]. The present Moving Average for the last 50 days of trading for this stock 22.38, while it was recorded at 25.97 for the last single week of trading, and 17.52 for the last 200 days.
Zim Integrated Shipping Services Ltd [ZIM]: A deeper dive into fundamental analysis
Zim Integrated Shipping Services Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.97 and a Current Ratio set at 1.04.
Zim Integrated Shipping Services Ltd [ZIM]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Zim Integrated Shipping Services Ltd posted -2.26/share EPS, while the average EPS was predicted by analysts to be reported at -1.73/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.54. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ZIM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Zim Integrated Shipping Services Ltd go to 47.44%.
An analysis of Institutional ownership at Zim Integrated Shipping Services Ltd [ZIM]
The top three institutional holders of ZIM stocks are: D. E. SHAW & CO., INC. with ownership of 4.85 million shares, which is approximately 4.0279%. GREENVALE CAPITAL LLP, holding 4.31 million shares of the stock with an approximate value of $$95.56 million in ZIM stocks shares; and GREENVALE CAPITAL LLP, currently with $$74.06 million in ZIM stock with ownership which is approximately 2.7766%.
