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ZIM Integrated Shipping Services (ZIM) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Company Overview - ZIM Integrated Shipping Services closed at 18.11,reflectinga+0.2818.11, reflecting a +0.28% change from the previous session, underperforming the S&P 500 which gained 0.36% [1] - Over the past month, ZIM's shares have decreased by 12.84%, contrasting with the Transportation sector's gain of 4.72% and the S&P 500's gain of 2.11% [1] Earnings Forecast - The upcoming earnings release is anticipated to show an EPS of 3.47, representing a significant increase of 382.11% compared to the same quarter last year [2] - Quarterly revenue is projected to be $2.09 billion, marking a 73.06% increase from the previous year [2] Analyst Estimates - Recent adjustments to analyst estimates for ZIM are crucial as they reflect changing business trends, with positive revisions indicating a favorable business outlook [3] - The Zacks Rank system, which incorporates these estimate changes, aims to provide actionable investment ratings [4] Zacks Rank and Performance - The Zacks Rank ranges from 1 (Strong Buy) to 5 (Strong Sell), with ZIM currently holding a rank of 3 (Hold) [5] - Over the last 30 days, the Zacks Consensus EPS estimate has decreased by 4.88% [5] Valuation Metrics - ZIM's Forward P/E ratio stands at 6.05, which is lower than the industry average of 8.94, suggesting that ZIM is trading at a discount [6] - The company has a PEG ratio of 0.23, significantly below the industry average PEG ratio of 1.48, indicating strong expected earnings growth relative to its price [7] Industry Context - The Transportation - Shipping industry, to which ZIM belongs, has a Zacks Industry Rank of 237, placing it in the bottom 6% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]