ZIM Integrated Shipping Services (NYSE:ZIM - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $3.47 per share and revenue of $1.99 billion for the quarter. Investors interested in participating in the company's conference call can do so using this link.
ZIM Integrated Shipping Services Stock Performance
NYSE:ZIM traded up $0.95 during mid-day trading on Friday, reaching $20.72. The stock had a trading volume of 7,806,902 shares, compared to its average volume of 5,524,063. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.26 and a current ratio of 1.33. The business has a 50 day simple moving average of $19.39 and a 200 day simple moving average of $20.65. ZIM Integrated Shipping Services has a twelve month low of $9.08 and a twelve month high of $30.15. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 1.74, a PEG ratio of 0.27 and a beta of 1.70.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on ZIM shares. Clarkson Capital raised ZIM Integrated Shipping Services from a "hold" rating to a "strong-buy" rating in a research report on Friday, November 22nd. Jefferies Financial Group cut their price objective on shares of ZIM Integrated Shipping Services from $28.00 to $22.00 and set a "hold" rating on the stock in a report on Tuesday, December 17th. Barclays lowered their target price on shares of ZIM Integrated Shipping Services from $16.50 to $16.00 and set an "underweight" rating for the company in a report on Friday, January 10th. JPMorgan Chase & Co. cut their price target on shares of ZIM Integrated Shipping Services from $10.00 to $9.50 and set an "underweight" rating on the stock in a research note on Friday. Finally, Fearnley Fonds cut shares of ZIM Integrated Shipping Services from a "hold" rating to a "strong sell" rating in a research note on Thursday, November 21st. Five investment analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $14.84.
View Our Latest Analysis on ZIM
About ZIM Integrated Shipping Services
(
Get Free Report)
ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of customers, including end-users, consolidators, and freight forwarders.
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