ZIM Integrated Shipping Services (NYSE:ZIM - Get Free Report) will likely be releasing its earnings data before the market opens on Wednesday, March 12th. Analysts expect ZIM Integrated Shipping Services to post earnings of $3.47 per share and revenue of $1.99 billion for the quarter. Parties interested in participating in the company's conference call can do so using this link.
ZIM Integrated Shipping Services Price Performance
NYSE ZIM traded down $0.04 during trading hours on Tuesday, hitting $20.58. 3,041,117 shares of the company's stock traded hands, compared to its average volume of 5,485,126. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.33 and a quick ratio of 1.26. The firm's 50-day moving average is $19.35 and its 200-day moving average is $20.62. ZIM Integrated Shipping Services has a 52-week low of $9.08 and a 52-week high of $30.15. The company has a market capitalization of $2.48 billion, a PE ratio of 1.71, a PEG ratio of 0.27 and a beta of 1.70.
Analyst Ratings Changes
Several research firms recently commented on ZIM. JPMorgan Chase & Co. cut their price target on ZIM Integrated Shipping Services from $10.00 to $9.50 and set an "underweight" rating for the company in a report on Friday. Barclays reduced their price target on ZIM Integrated Shipping Services from $16.50 to $16.00 and set an "underweight" rating on the stock in a report on Friday, January 10th. Fearnley Fonds lowered shares of ZIM Integrated Shipping Services from a "hold" rating to a "strong sell" rating in a report on Thursday, November 21st. Jefferies Financial Group reduced their target price on shares of ZIM Integrated Shipping Services from $28.00 to $22.00 and set a "hold" rating on the stock in a research note on Tuesday, December 17th. Finally, Clarkson Capital raised shares of ZIM Integrated Shipping Services from a "hold" rating to a "strong-buy" rating in a research note on Friday, November 22nd. Five equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $14.84.
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About ZIM Integrated Shipping Services
(
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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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