ZIM Integrated Shipping Services (NYSE:ZIM - Get Free Report) is scheduled to release its earnings data before the market opens on Wednesday, November 20th. Analysts expect ZIM Integrated Shipping Services to post earnings of $6.19 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
ZIM Integrated Shipping Services (NYSE:ZIM - Get Free Report) last issued its earnings results on Monday, August 19th. The company reported $3.08 EPS for the quarter, topping the consensus estimate of $2.07 by $1.01. ZIM Integrated Shipping Services had a positive return on equity of 2.89% and a negative net margin of 32.81%. The firm had revenue of $1.93 billion during the quarter, compared to analysts' expectations of $1.71 billion. During the same period last year, the business earned ($1.37) earnings per share. On average, analysts expect ZIM Integrated Shipping Services to post $12 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of ZIM stock opened at $24.17 on Wednesday. The firm has a fifty day moving average of $21.31 and a 200-day moving average of $19.80. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of -1.45, a P/E/G ratio of 0.04 and a beta of 1.88. ZIM Integrated Shipping Services has a 52-week low of $6.39 and a 52-week high of $26.20. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.97 and a current ratio of 1.04.
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Thursday, August 29th were given a $0.93 dividend. This represents a $3.72 annualized dividend and a yield of 15.39%. The ex-dividend date of this dividend was Thursday, August 29th. This is a positive change from ZIM Integrated Shipping Services's previous quarterly dividend of $0.23. ZIM Integrated Shipping Services's dividend payout ratio is -1.41%.
ZIM has been the topic of several analyst reports. Jefferies Financial Group lowered ZIM Integrated Shipping Services from a "buy" rating to a "hold" rating and set a $25.00 price objective on the stock. in a research note on Wednesday, October 2nd. Bank of America boosted their price target on shares of ZIM Integrated Shipping Services from $12.20 to $13.70 and gave the company an "underperform" rating in a research report on Wednesday, August 28th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a $10.50 price objective on shares of ZIM Integrated Shipping Services in a report on Tuesday, September 10th. Finally, Barclays boosted their target price on ZIM Integrated Shipping Services from $12.30 to $13.90 and gave the stock an "underweight" rating in a report on Wednesday, October 23rd. Four research analysts have rated the stock with a sell rating and one has given a hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average price target of $15.22.
Read Our Latest Research Report on ZIM
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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