It has been about a month since the last earnings report for ZIM Integrated Shipping Services (ZIM) . Shares have lost about 24.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is ZIM due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Q3 Earnings & Revenues BeatZIM’ ...

I have covered ZIM Integrated Shipping Services Ltd. (NYSE: ZIM ) previously. Investors should view this as an update to the previous articles on the company , where I provided an extensive business overview and explained the investmentOriol Madaula is an experienced actuary with a strong interest in value investing and a practical approach to the financial world. He holds a Master's degree in Actuarial and Financial Sciences from the University of Barcelona. With a background in the insurance and financial ...

Shares of ZIM Integrated Shipping Services Ltd. (ZIM) have performed brilliantly in 2024, gaining 86.6% year to date. Owing to this solid rally, shares of this shipping company have easily surpassed its industry’s modest 8.7% gain and the Zacks Transportation sector’s 0.6% decline.ZIM shares have performed much better than those of fellow industry players, Seanergy Maritime Holdings (SHIP) and Costamare (CMRE) . Shares of Seanergy Maritime have declined 9.3%, while those of Costamare have increased 21.3% ye ...

ZIM Integrated Shipping Services (ZIM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following year ...

ZIM Integrated Shipping Services (ZIM) has been benefiting from the Red Sea crisis-induced high freight rates. The company’s shareholder-friendly initiatives also bode well.Let us delve deeper to unearth the factors working in favor of this Zacks Rank #1 (Strong Buy) stock.ZIM’s Northward Earnings Estimates: In the past 60 days, the Zacks Consensus Estimate for current and next-year earnings has been revised upward by 35.7% and 126.7%, respectively. Such favorable estimate revisions indicate brokers’ confid ...

HAIFA, Israel, Dec. 2, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection with the regular and special dividend distributions, both expected to take place on December 9, 2024, as previously announced by the Company on November 20, 2024 (the "Dividends"), the previously obtained tax ruling from the Israeli Tax Authority ("ITA") on tax withholding procedures relating to the payment of the ...

For Immediate ReleasesChicago, IL – November 29, 2024 – Zacks.com announces the list of stocks and featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including Matthews International Corp. (MATW) , ZIM Integrated Shipping Services Ltd. (ZIM) , Quanta Services, Inc. (PWR) and Orange County Bancorp, Inc. (OBT) .Here are highlights from Friday’s Analyst Blog:4 Stoc ...

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM ) is up over 200% in the last year, thanks to strong results and improved shipping rates. The company also announced a special dividend after their last earnings.The Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Features include a The Pragmatic Investor Portfolio, weekly market update newsletter, actionable trades, technical analysis, an ...

ZIM Integrated Shipping Services (NYSE: ZIM ) reported better than expected earnings for its third-quarter last week, on both the bottom and the top line. The shipping company greatly benefited from an upward surge in freight rates in 2024, including in Q3'24. ZIM Integrated ShippingI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesl ...

Two months after our bullish rating on ZIM Integrated Shipping (NYSE: ZIM ), the stock outpaced the broader market with an incredible return of 32%, which then affirmed our conviction in growth sustainability. With the continued excellent financial performance ofYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accoun ...