
ZIM Stock Forecast & Price Target
ZIM Analyst Ratings
Bulls say
ZIM Integrated Shipping Services Ltd has experienced a significant rebound, with its shares rising 20% since the strategic review announcement and 35% since mid-August, reflecting strong investor sentiment. The company ended the third quarter with $3.05 billion in cash, up from $2.91 billion, providing substantial liquidity to navigate uncertainty in the shipping industry. Additionally, ZIM showcases improved operational efficiency, with all-in costs per twenty-foot equivalent unit (teu) decreasing to $1,780, down from previous quarters, positioning the company favorably for future profitability amidst a consolidating industry landscape.
Bears say
ZIM Integrated Shipping Services Ltd has disclosed management's guidance indicating a potential EBIT loss for the fourth quarter, alongside reported negative earnings and declining free cash flow indicators, which raises concerns about its financial stability. The company's car carrier revenue has significantly decreased quarter-over-quarter, contributing to a free cash flow breakeven point that, while slightly improved, still highlights ongoing challenges in profitability. Furthermore, with a total debt of $5.66 billion and stagnant volume growth, the company's reliance on low freight rates poses a substantial risk to its overall valuation.
This aggregate rating is based on analysts' research of ZIM Integrated Shipping Services and is not a guaranteed prediction by Public.com or investment advice.
ZIM Analyst Forecast & Price Prediction
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