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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 $10.02, up 2.45% from the previous day, and has decreased 55.27% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.89 percentage points. Zim Integrated Shipping Services stock is currently +56.81% from its 52-week low of $6.39, and -58.86% from its 52-week high of $24.35.

There are currently 120.29M shares of ZIM outstanding. The market value of ZIM is $1.21B. In the past 24 hours, 3.42M 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
$10.02
1w %
2.45%
1y %
-55.27%
5y %
N/A
P/E
-0.45x
P/B
0.49x
P/S
0.23x
PEG
N/A
Revenue
$5.16B
Earnings
-$2.70B
Fore. Rev. Growth
6.44%
Fore. Earn. Growth
N/A
Market Cap
$1.21B
Next Earnings
May 13, 2024
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/B ratio of 0.49x, relative to Marine Shipping industry P/B ratio of 0.96x

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

How do ZIM Financials look?

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the ZIM balance sheet.
  • Total ZIM debt is lower than 5 years ago, relative to shareholder equity.
  • ZIM's operating cash flow of $1.02B allows it to safely service it's debt of $5.01B.

Negative Financial Indicators:

  • ZIM profit margin has gone down from 36.8% to -52.2% in the past year.
  • ZIM earnings of -$2.38B is not sufficient to cover its interest payments.
  • 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 2.4.

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

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

Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.

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

ZIM Trading Indicators

SMA10
9.6
SMA20
10.41
SMA50
11.98
SMA100
10.53
SMA200
11.2
MACD
-0.64
MACD Signal
-0.66
MACD Histogram
0.02
RSI
42.24
Stochastic %K
26.1
Stochastic %D
22.26
StochRSI %K
54.25
StochRSI %D
45.31

ZIM Performance Metrics

Last year, ZIM revenue was $5.16B. Over the last five year, ZIM's revenue has gone up by 9.71% per year. This was slower than the Marine Shipping industry average of 15.65%.

You can research ZIM's earnings and revenue performance here.

What are ZIM insiders up to?

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

Research more about who owns ZIM stock here.

Does ZIM stock generate passive income?

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

ZIM Social Trading Data

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Step 5: Execute your ZIM trade

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given price limit, place a limit order.

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Step 6: Monitor your ZIM position

Now that you own some ZIM stock, you'll want to keep up with your new stock purchase.

Make a watchlist to get alerted to the latest events about 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

If you need a brokerage account, eToro is our recommended option.

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

If you want to monitor your investment in Zim Integrated Shipping Services, add ZIM to your watchlist below.

NYSE: ZIM
$10.02+0.24 (+2.45%)
Updated Mar 27, 2024
Open eToro Account
NYSE: ZIM
$10.02+0.24 (+2.45%)
Updated Mar 27, 2024
Open eToro Account

FAQ

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

As of Mar 27, 2024, it costs $10.02 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 0.499 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.