How to Buy Zim Integrated Shipping Services Stock
Zim Integrated Shipping Services Ltd
Zim Integrated Shipping Services is a shipping company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker ZIM on the NYSE exchange.
Zim Integrated Shipping Services stock last closed at $14.72, up 1.73% from the previous day, and has increased 12.62% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.32 percentage points. Zim Integrated Shipping Services stock is currently +33.39% from its 52-week low of $11.04, and -51.18% from its 52-week high of $30.15.
There are currently 120.42M shares of ZIM outstanding. The market value of ZIM is $1.77B. In the past 24 hours, 2.8M ZIM shares were traded.
How to Buy Zim Integrated Shipping Services Stock
Not sure how to invest in Zim Integrated Shipping Services stock? Here's how.
- Choose where to buy Zim Integrated Shipping Services stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Zim Integrated Shipping Services stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your method of payment and add your info.
- Evaluate Zim Integrated Shipping Services stock: The Zim Integrated Shipping Services ticker symbol is ZIM. Is Zim Integrated Shipping Services stock a good investment? Should you buy shares of ZIM? How do ZIM's underlying business fundamentals look? Do top analysts think Zim Integrated Shipping Services is a good buy? Why has ZIM's stock price moved recently? (Hint: Our stock research tools can help you understand if ZIM is a good stock to buy).
- Execute your ZIM trade: Decide if you will purchase ZIM shares at the current market price or use a limit order to purchase ZIM stock at a particular price.
- Monitor your ZIM position: Create a watchlist to important notifications about your investment in Zim Integrated Shipping Services stock.
Step 1: Choose where to buy Zim Integrated Shipping Services stock
You will need a brokerage account in order to access the NYSE market and buy ZIM stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal information so you are able to invest in ZIM today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details transferring money into your new brokerage account.
Step 4: Evaluate Zim Integrated Shipping Services stock
Once you have selected the best place to buy Zim Integrated Shipping Services stock, it's very important to evaluate their stock before you invest, so you truly understand the risk and opportunity.
Zim Integrated Shipping Services quick stats
ZIM Due Diligence Checks
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on ZIM's stock page.
Is ZIM stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge ZIM's true value.
Using relative valuations measures:
- ZIM may be undervalued based on its P/E ratio of 0.83x, relative to Marine Shipping industry P/E ratio of 9.21x
- ZIM may be undervalued based on its P/B ratio of 0.44x, relative to Marine Shipping industry P/B ratio of 0.75x
- ZIM could be undervalued based on its PEG ratio of 0.03x
You can do more valuation research on ZIM's stock here.
ZIM Financial Health
Positive Financial Indicators:
- Total ZIM debt is lower than 5 years ago, relative to shareholder equity.
- ZIM profit margin has gone up from -52.2% to 25.5% in the past year.
- ZIM earnings of $2.67B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the ZIM balance sheet.
- ZIM's operating cash flow of $3.75B allows it to safely service it's debt of $6.03B.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the ZIM balance sheet.
- ZIM has a relatively high debt to equity ratio of 1.82.
Is it a good time to buy ZIM stock, according to analysts?
Out of 3 Wall Street analysts who monitor ZIM, the consensus analyst rating on Zim Integrated Shipping Services is a Sell
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Zim Integrated Shipping Services stock forecast page.
Metrics for Advanced ZIM Traders
ZIM Performance Numbers
Last year, ZIM earnings were $2.15B. During the past four year, ZIM's earnings have increased by 36.23% per year. This was slower than the Marine Shipping industry average of 38.76%.
Last year, ZIM revenue was $8.43B. Over the past 5 year, ZIM's revenue has grown by 20.63% per year. This was slower than the Marine Shipping industry average of 37.75%.
Learn more about ZIM's earnings and revenue performance here.
Latest Insiders Trades at ZIM
Over the past 12 months, insiders at ZIM have not bought or sold any shares.
Research more about who owns ZIM shares here.
Does ZIM stock generate passive income?
Zim Integrated Shipping Services pays a dividend of 21.54%, compared to the Marine Shipping industry's average dividend yield of 21.41%. If you owned $1,000 of ZIM stock, you would have received $215.35 in the past year.
Get more data about Zim Integrated Shipping Services dividend yield and history here.
ZIM Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your ZIM trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open button and your broker will execute your order.
If you want more help buying stocks on eToro, click the helpful video below:
Step 6: Monitor your ZIM position
Now that you own some shares in ZIM, you'll want to stay up-to-date on your new investment.
Add ZIM to a watchlist to track your ZIM stock.
ZIM Feed
How to Buy Stock in Zim Integrated Shipping Services
To summarize, here are the 6 steps for buying Zim Integrated Shipping Services stock:
- Choose where to buy Zim Integrated Shipping Services stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Evaluate Zim Integrated Shipping Services stock
- Execute your ZIM trade
- Monitor your ZIM position
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Zim Integrated Shipping Services, add ZIM to your watchlist below.
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