WallStreetZenWallStreetZen

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 $11.42, up 2.79% from the previous day, and has decreased 56.71% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.46 percentage points. Zim Integrated Shipping Services stock is currently +3.82% from its 52-week low of $11.00, and -61.13% from its 52-week high of $29.38.

There are currently 120.2M shares of ZIM outstanding. The market value of ZIM is $1.37B. In the past 24 hours, 2.44M 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.

Our recommended brokerage: eToro

Based on our experience, eToro is the best stock brokerage. Here's why:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to global financial markets: From Technology to Real Estate, New York to London — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

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.

How to Set Up a New Investment Account on eToro

  1. Click here to get started.
  2. Input your personal details to create a new brokerage account.
  1. 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.

Get started with eToro today

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
$11.42
1w %
3.82%
1y %
-56.71%
5y %
N/A
P/E
1.05x
P/B
0.28x
P/S
0.17x
PEG
0.07x
Revenue
$8.10B
Earnings
$1.30B
Fore. Rev. Growth
11.93%
Fore. Earn. Growth
17.99%
Market Cap
$1.37B
Next Earnings
Nov 13, 2023
Next Dividend
N/A

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 1.05x, relative to Marine Shipping industry P/E ratio of 10.45x
  • ZIM may be undervalued based on its P/B ratio of 0.28x, relative to Marine Shipping industry P/B ratio of 0.73x
  • ZIM could be undervalued based on its PEG ratio of 0.07x

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

ZIM Financial Health

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the ZIM balance sheet.
  • ZIM earnings of $2.10B is not sufficient to cover its interest payments.
  • ZIM's operating cash flow of $3.26B allows it to safely service it's debt of $4.88B.

Negative Financial Indicators:

  • ZIM profit margin has gone down from 45.2% to 16.1% in the past year.
  • ZIM has a relatively high debt to equity ratio of 1.2.
  • There are more long-term liabilities than short-term assets on the ZIM balance sheet.

Is ZIM stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 Wall Street analysts who monitor ZIM, the consensus analyst rating on ZIM is a Hold

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

Latest ZIM Analyst Upgrades/Downgrades

Samuel Bland, a bottom 41% analyst from JP Morgan upgrades ZIM to a strong buy rating and announces their ZIM price target of $15.40, on Sep 18, 2023.

Alexia Dogani, a top 35% analyst from Barclays maintains ZIM with a strong sell rating and lowers their ZIM price target from $13.00 to $10.60, on Aug 18, 2023.

Omar Nokta, a bottom 20% analyst from Jefferies reiterates ZIM with a hold rating and maintains their ZIM price target from $13.00 to $13.00, on Aug 17, 2023.

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

ZIM Momentum

SMA10
11.39
SMA20
11.62
SMA50
12.92
SMA100
13.65
SMA200
16.87
MACD
-0.42
MACD Signal
-0.48
MACD Histogram
0.06
RSI
42.36
Stochastic %K
23.89
Stochastic %D
30.63
StochRSI %K
66.19
StochRSI %D
76.18

ZIM Performance Numbers

Last year, ZIM earnings were $1.30B. Over the last three year, ZIM's earnings have gone up by 161.81% per year. This was faster than the Marine Shipping industry average of 28.42%.

Last year, ZIM revenue was $8.10B. In the past 3 year, ZIM's revenue has grown by 113.55% per year. This was faster than the Marine Shipping industry average of 17.62%.

Find out more about ZIM's earnings and revenue performance here.

Who is buying/selling ZIM?

In the past 12 months, executives and large shareholders at ZIM have not bought or sold any shares.

Learn more about who owns ZIM stock here.

Can I get consistent income from ZIM stock?

No, Zim Integrated Shipping Services doesn't provide an income stream by paying out dividends.

ZIM Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Execute your ZIM trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, use a limit order.

Press the Open button and your broker will place the order.

If you require more assistance buying stocks on eToro, watch the how to video below:

Open eToro Account

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 company.

Create 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 to buy Zim Integrated Shipping Services stock:

  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

If you require a brokerage, eToro is our recommended option.

Get Started with eToro Today

If you want to keep an eye on your new investment in Zim Integrated Shipping Services, get started below.

NYSE: ZIM
$11.42+0.31 (+2.79%)
Updated Sep 22, 2023
Open eToro Account
NYSE: ZIM
$11.42+0.31 (+2.79%)
Updated Sep 22, 2023
Open eToro Account

FAQ

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

As of Sep 22, 2023, it costs $11.42 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 $5, you can buy 0.438 shares of ZIM.

Get Started with eToro Today

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

According to 3 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.