With 13.26 million shares changed hands, the volume of the stock remained heavier than its average volume of 7.04 million shares. The 52-week range on ZIM shows that it touched its highest point at $29.00 and its lowest point at $11.03 during that stretch. It currently has a 1-year price target of $15.36. With its current market cap of 2.17 billion, ZIM has annualized dividend of $7.61 while the current yield stands at 42.26%. Beta for the stock currently stands at 1.75.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ZIM was up-trending over the past week, with a rise of 3.68%, but this was down by -0.06% over a month. Three-month performance dropped to -2.22% while six-month performance fell -5.65%. The stock gained 1.48% in the past year, while it has lost -16.07% so far this year. A look at the trailing 12-month EPS for ZIM yields 19.53 with Next year EPS estimates of -1.97. For the next quarter, that number is 1.22. This implies an EPS growth rate of -81.90% for this year and -161.21% for next year.
Float and Shares Shorts:
At present, 120.46 million ZIM shares are outstanding with a float of 119.04 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZIM since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $15.55079 being high and $15.25651 being low. For ZIM, this leads to a yearly average estimate of $15.40365. Based on analyst estimates, the high estimate for the next quarter is $0.56 and the low estimate is $0.15. The average estimate for the next quarter is thus $0.34.
