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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 $21.25, down 3.72% from the previous day, and has increased 57.06% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.06 percentage points. Zim Integrated Shipping Services stock is currently +232.55% from its 52-week low of $6.39, and -5.32% from its 52-week high of $22.45.

There are currently 120.32M shares of ZIM outstanding. The market value of ZIM is $2.56B. In the past 24 hours, 5.28M 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.
  1. 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.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Pick your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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:

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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 Price
$21.25
1w %
11.72%
1y %
57.06%
5y %
N/A
P/E
-1x
P/B
1.01x
P/S
0.48x
PEG
N/A
Revenue
$5.35B
Earnings
-$2.55B
Fore. Rev. Growth
4.47%
Fore. Earn. Growth
N/A
Market Cap
$2.56B
Next Earnings
N/A
Next Dividend
Jun 11, 2024

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/B ratio of 1.01x, relative to Marine Shipping industry P/B ratio of 1.13x

You can do additional valuation research on ZIM's stock here.

How do ZIM Financials look?

Positive Financial Indicators:

  • ZIM's operating cash flow of $1.17B allows it to safely service it's debt of $5.37B.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the ZIM balance sheet.
  • There are more short-term liabilities than short-term assets on the ZIM balance sheet.
  • ZIM profit margin has gone down from 27.9% to -47.6% in the past year.
  • ZIM has a relatively high debt to equity ratio of 2.51.
  • ZIM earnings of -$2.20B is not sufficient to cover its interest payments.

Do analysts think it's a good time to buy ZIM stock

Out of 4 Equities analysts who give forecasts on ZIM, the consensus analyst rating on ZIM is a Hold

Please note that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Zim Integrated Shipping Services stock forecast page.

Metrics for Advanced ZIM Traders

SMA10
19.66
SMA20
17.47
SMA50
13.39
SMA100
12.95
SMA200
11.3
MACD
2.28
MACD Signal
2.03
MACD Histogram
0.24
RSI
74.97
Stochastic %K
92.47
Stochastic %D
93.92
StochRSI %K
56.62
StochRSI %D
58.23

ZIM Growth Metrics

Last year, ZIM revenue was $5.35B. During the last three year, ZIM's revenue has increased by 44.64% per year. This was slower than the Marine Shipping industry average of 47.55%.

Dive into ZIM's earnings and revenue performance here.

What are ZIM executives and large shareholders up to?

In the past 12 months, insiders at ZIM have not bought or sold any shares.

Research more about who owns ZIM stock here.

Does ZIM provide a stable income stream?

Dig into more info about Zim Integrated Shipping Services dividend yield and history here.

What do other investors have to say about ZIM?

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Step 5: Execute your ZIM trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you 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 particular price limit, place a limit order.

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Step 6: Monitor your ZIM position

Now that you own some ZIM shares, you'll want to stay up-to-date on your new stock purchase.

Add ZIM to a watchlist to keep tabs on your ZIM stock.

ZIM Feed

How to Buy Stock in Zim Integrated Shipping Services

To reiterate, here are the 6 steps you need to take to buy Zim Integrated Shipping Services stock right now:

  1. Choose where to buy Zim Integrated Shipping Services stock
  2. Open your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Zim Integrated Shipping Services stock
  5. Execute your ZIM trade
  6. Monitor your ZIM position

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If you want to keep an eye on your investment in Zim Integrated Shipping Services, create your watchlist below.

NYSE: ZIM
$21.25-0.82 (-3.72%)
Updated May 29, 2024
Open eToro Account
NYSE: ZIM
$21.25-0.82 (-3.72%)
Updated May 29, 2024
Open eToro Account

FAQ

How much does it cost to buy one Zim Integrated Shipping Services share?

As of May 29, 2024, it costs $21.25 to buy one share of Zim Integrated Shipping Services stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.471 shares of ZIM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Zim Integrated Shipping Services stock?

According to 4 Wall Street analysts who monitor Zim Integrated Shipping Services, their consensus recommendation is to hold Zim Integrated Shipping Services stock.

What is the best way to buy Zim Integrated Shipping Services stock?

One way to place an order for Zim Integrated Shipping Services stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.