During the last three months, 7 analysts shared their evaluations of ZIM Integrated Shipping ZIM, revealing diverse outlooks from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 0 | 1 | 4 | 0 |
Last 30D | 0 | 0 | 0 | 1 | 0 |
1M Ago | 0 | 0 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 2 | 0 |
3M Ago | 2 | 0 | 0 | 1 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $17.87, along with a high estimate of $25.00 and a low estimate of $10.50. Surpassing the previous average price target of $17.67, the current average has increased by 1.13%.
Investigating Analyst Ratings: An Elaborate Study
The analysis of recent analyst actions sheds light on the perception of ZIM Integrated Shipping by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Alexia Dogani | Barclays | Raises | Underweight | $13.90 | $12.30 |
Omar Nokta | Jefferies | Maintains | Hold | $25.00 | $25.00 |
Alexia Dogani | JP Morgan | Announces | Underweight | $10.50 | - |
Muneeba Kayani | B of A Securities | Raises | Underperform | $13.70 | $12.20 |
Alexia Dogani | Barclays | Raises | Underweight | $15.00 | $12.50 |
Omar Nokta | Jefferies | Raises | Buy | $25.00 | $22.00 |
Omar Nokta | Jefferies | Maintains | Buy | $22.00 | $22.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to ZIM Integrated Shipping. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of ZIM Integrated Shipping compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of ZIM Integrated Shipping's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of ZIM Integrated Shipping's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on ZIM Integrated Shipping analyst ratings.
Unveiling the Story Behind ZIM Integrated Shipping
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: Financial Performance Dissected
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: ZIM Integrated Shipping displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 47.57%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: ZIM Integrated Shipping's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 19.21%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): ZIM Integrated Shipping's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 13.67% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): ZIM Integrated Shipping's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.98% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: ZIM Integrated Shipping's debt-to-equity ratio surpasses industry norms, standing at 1.94. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Significance of Analyst Ratings Explained
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.