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HomeMarketResultsZIM Integrated Shipping Services Ltd. (NYSE:ZIM) Given Average Recommendation of "Hold" by...

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) Given Average Recommendation of “Hold” by Analysts


Shares of ZIM Built-in Delivery Providers Ltd. (NYSE:ZIMGet Rating) have acquired a consensus advice of “Maintain” from the eight brokerages which are presently overlaying the agency, Marketbeat.com stories. One equities analysis analyst has rated the inventory with a promote advice and 5 have given a maintain advice to the corporate. The typical 12 month worth goal amongst brokerages which have issued a report on the inventory within the final yr is $34.16.

A number of analysts have just lately commented on ZIM shares. TheStreet downgraded shares of ZIM Built-in Delivery Providers from a “c-” ranking to a “d+” ranking in a analysis report on Thursday, September twenty second. The Goldman Sachs Group decreased their worth goal on shares of ZIM Built-in Delivery Providers from $60.00 to $30.00 in a analysis report on Tuesday, September twentieth. Barclays decreased their worth goal on shares of ZIM Built-in Delivery Providers from $63.00 to $26.50 and set an “equal weight” ranking for the corporate in a analysis report on Friday, November 18th. Lastly, Jefferies Monetary Group decreased their worth goal on shares of ZIM Built-in Delivery Providers from $27.00 to $21.00 and set a “maintain” ranking for the corporate in a analysis report on Tuesday, December thirteenth.

Hedge Funds Weigh In On ZIM Built-in Delivery Providers

A number of giant buyers have just lately purchased and bought shares of the inventory. Renaissance Applied sciences LLC grew its place in ZIM Built-in Delivery Providers by 166.9% through the first quarter. Renaissance Applied sciences LLC now owns 4,062,538 shares of the corporate’s inventory valued at $295,387,000 after shopping for an extra 2,540,500 shares through the interval. Arrowstreet Capital Restricted Partnership elevated its stake in shares of ZIM Built-in Delivery Providers by 123.6% through the 1st quarter. Arrowstreet Capital Restricted Partnership now owns 3,433,175 shares of the corporate’s inventory price $249,626,000 after buying an extra 1,897,990 shares over the past quarter. BlackRock Inc. elevated its stake in shares of ZIM Built-in Delivery Providers by 2.9% through the third quarter. BlackRock Inc. now owns 3,361,309 shares of the corporate’s inventory price $78,990,000 after buying an extra 95,106 shares over the past quarter. Clal Insurance coverage Enterprises Holdings Ltd elevated its stake in shares of ZIM Built-in Delivery Providers by 350.5% through the 1st quarter. Clal Insurance coverage Enterprises Holdings Ltd now owns 2,682,724 shares of the corporate’s inventory price $234,088,000 after buying an extra 2,087,230 shares over the past quarter. Lastly, Altshuler Shaham Ltd elevated its stake in shares of ZIM Built-in Delivery Providers by 4.4% through the third quarter. Altshuler Shaham Ltd now owns 2,551,141 shares of the corporate’s inventory price $58,779,000 after buying an extra 107,474 shares over the past quarter. 36.74% of the inventory is presently owned by institutional buyers.

ZIM Built-in Delivery Providers Inventory Efficiency

Shares of ZIM stock opened at $17.51 on Friday. The corporate has a market cap of $2.10 billion, a price-to-earnings ratio of 0.36 and a beta of two.27. ZIM Built-in Delivery Providers has a 52 week low of $16.23 and a 52 week excessive of $91.23. The corporate has a fast ratio of 1.50, a present ratio of 1.58 and a debt-to-equity ratio of 0.54. The agency has a 50 day transferring common of $22.17 and a 200-day transferring common of $34.45.

ZIM Built-in Delivery Providers (NYSE:ZIMGet Rating) final introduced its quarterly earnings knowledge on Wednesday, November sixteenth. The corporate reported $9.66 EPS for the quarter, topping the consensus estimate of $9.46 by $0.20. The corporate had income of $3.23 billion through the quarter, in comparison with the consensus estimate of $3.01 billion. ZIM Built-in Delivery Providers had a internet margin of 42.71% and a return on fairness of 118.65%. On common, equities analysts forecast that ZIM Built-in Delivery Providers will put up 38.19 earnings per share for the present yr.

ZIM Built-in Delivery Providers Cuts Dividend

The enterprise additionally just lately disclosed a quarterly dividend, which was paid on Wednesday, December seventh. Shareholders of report on Tuesday, November twenty ninth have been paid a dividend of $2.95 per share. This represents a $11.80 annualized dividend and a yield of 67.39%. The ex-dividend date of this dividend was Monday, November twenty eighth. ZIM Built-in Delivery Providers’s dividend payout ratio (DPR) is presently 24.04%.

ZIM Built-in Delivery Providers Firm Profile

(Get Rating)

ZIM Built-in Delivery Providers Ltd., along with its subsidiaries, offers container delivery and associated companies in Israel and internationally. It offers door-to-door and port-to-port transportation companies for varied sorts of prospects, together with end-users, consolidators, and freight forwarders.

Featured Tales

Analyst Recommendations for ZIM Integrated Shipping Services (NYSE:ZIM)

This instantaneous information alert was generated by narrative science know-how and monetary knowledge from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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