ZIM Integrated Shipping Services .(ZIM)

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ZIM Integrated: Q3 EPS Are Set Around $10 EPS, Q4 Could Be Similar
Seeking Alpha· 2024-09-13 15:46
I F E TI IT L AW TERE THE # F I T 11 Abstract Aerial Art 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 investment thesis in detail. As initially explained in February, ZIM was poised to generate outstanding results if the Red Sea remained closed all year, as I was expecting. However, rates have exceeded the most bullish expectations, ...
ZIM Integrated Gets Buy Rating After Strong Performance
Seeking Alpha· 2024-09-11 13:44
DINphotogallery Investment Thesis Since our last hold rating, ZIM Integrated Shipping (NYSE:ZIM) has delivered a strong return, outperforming the broader index. The previous hold rating was driven by deteriorating performance in Q1 2023 and bearish market conditions. Today, ZIM's investment thesis is bolstered by its strategic fleet expansion and exposure to high-growth markets, particularly in the Transpacific and Latin American regions. In addition, the company's investments in LNG-powered vessels and inc ...
After Plunging -12.41% in 4 Weeks, Here's Why the Trend Might Reverse for ZIM (ZIM)
ZACKS· 2024-09-10 14:36
ZIM Integrated Shipping Services (ZIM) has been beaten down lately with too much selling pressure. While the stock has lost 12.4% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a mome ...
Down -11.68% in 4 Weeks, Here's Why ZIM (ZIM) Looks Ripe for a Turnaround
ZACKS· 2024-09-09 14:35
ZIM Integrated Shipping Services (ZIM) has been on a downward spiral lately with significant selling pressure. After declining 11.7% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spot ...
ZIM Announces New Operational Cooperation with MSC Covering the Strategic Transpacific Trade
Prnewswire· 2024-09-09 11:00
New Agreement which includes Six Asia to USEC and USGC Services is Scheduled to Commence in February 2025 HAIFA, Israel, Sept. 9, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today that it has entered into a new long-term operational cooperation with Mediterranean Shipping Company (MSC) on the Asia - US East Coast and Asia - US Gulf trades. The new services are scheduled to be launched in February 2025, subject to regulatory app ...
Should Value Investors Buy ZIM Integrated Shipping Services (ZIM) Stock?
ZACKS· 2024-09-05 14:41
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely o ...
ZIM Integrated Shipping: The Dividend Is Roaring Back
Seeking Alpha· 2024-09-04 05:14
thitivong ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) is profiting from a hell of a recovery in sea freight prices in 2024. The Haifa-based shipping company bumped up its EBIT outlook for the present financial year by a considerable amount and recorded much higher gross and net profits than in the last year. In addition, the improved profit outlook drastically enhances ZIM Integrated Shipping's appeal as a dividend stock: The shipping company pays a quarterly dividend based on profitability and its 2Q2 ...
Here's Why ZIM (ZIM) Could be Great Choice for a Bottom Fisher
ZACKS· 2024-09-02 14:55
A downtrend has been apparent in ZIM Integrated Shipping Services (ZIM) lately. While the stock has lost 9.4% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a b ...
ZIM Integrated Shipping: The Rally Doesn't Have Enough Legs
Seeking Alpha· 2024-08-27 15:59
Thierry Dosogne ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), the Israeli container shipping company, announced its second-quarter results on August 19th before the market opened and provided investors with some exciting news; a significant increase in its FY-2024 guidance and a chunky dividend of $0.93 per share, in what seems to be like a full reinstatement of the company's quarterly dividends. Worthless to say, ZIM also beat both the top and bottom line estimates by a wide margin, and the stock enjoy ...
ZIM Updates on Withholding Tax Procedures on September 2024 Cash Dividend
Prnewswire· 2024-08-27 11:00
HAIFA, Israel, Aug. 27, 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 dividend distribution expected to take place on September 5, 2024, as previously announced by the Company on August 19, 2024 (the "Dividend"), the previously obtained tax ruling from the Israeli Tax Authority ("ITA") on tax withholding procedures relating to the payment of the Dividend to the Company's s ...