17-Jan-2025
Jefferies Sticks to Their Hold Rating for ZIM Integrated Shipping Services (ZIM)
TipRanks (Mon, 20-Jan 1:35 AM ET)
Brent crude could climb to $90 on Russian oil disruption, Deutsche Bank says
Seeking Alpha News (Fri, 17-Jan 7:40 PM ET)
European shipping stocks sink after Gaza ceasefire news; Barclays stays negative
Seeking Alpha News (Thu, 16-Jan 12:29 PM ET)
ZIM Updates on Withholding Tax Procedures on December 2024 Regular and Special Cash Dividends
PRNewswire (Mon, 2-Dec 4:05 PM ET)
ZIM Reports Financial Results for the Third Quarter of 2024; Raises Full Year 2024 Guidance
PRNewswire (Wed, 20-Nov 7:00 AM ET)
ZIM Launches its USA Employer Brand Campaign to Attract Top Talent
PRNewswire (Thu, 14-Nov 1:44 PM ET)
ZIM to Release Third Quarter 2024 Results on Wednesday, November 20, 2024
PRNewswire (Wed, 30-Oct 8:00 AM ET)
History Shows ZIM could rally into earnings
Market Chameleon (Mon, 26-Feb 6:55 AM ET)
ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of its revenue from the Pacific trade region.
Zim Integrated Shipping Services Ltd. trades on the NYSE stock market under the symbol ZIM.
As of January 17, 2025, ZIM stock price declined to $16.60 with 5,666,702 million shares trading.
ZIM has a market cap of $2.00 billion. This is considered a Small Cap stock.
Last quarter Zim Integrated Shipping Services Ltd. reported $3 billion in Revenue and $9.34 earnings per share. This beat revenue expectation by $355 million and exceeded earnings estimates by $2.13.
In the last 3 years, ZIM traded as high as $91.23 and as low as $6.39.
The top ETF exchange traded funds that ZIM belongs to (by Net Assets): AVDV, IEFA, FNDF, PRF, SCZ.
ZIM has outperformed the market in the last year with a return of +54.1%, while the SPY ETF gained +28.0%. However, in the most recent history, ZIM shares have underperformed the stock market with its stock returning -3.5% in the last 3 month period and -26.2% for the last 2 week period, while SPY has returned +3.0% and +1.0%, respectively.
ZIM support price is $15.83 and resistance is $17.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ZIM shares will trade within this expected range on the day.