
ZIM Stock Forecast & Price Target
ZIM Analyst Ratings
Bulls say
ZIM Integrated Shipping Services Ltd has demonstrated strong financial resilience and strategic flexibility, ending the third quarter with $3.05 billion in cash, reflecting an increase from $2.91 billion in the previous quarter. The company's ability to capture a realized rate of $1,602 per TEU, an improvement from $1,479 per TEU in the prior quarter, coupled with a reduction in all-in costs to $1,780 per TEU, positions it favorably in a challenging market environment. Furthermore, ZIM's management plans to capitalize on opportunities in underutilized markets, indicating a proactive approach to expand its market share and improve operational efficiency amidst prevalent industry uncertainty.
Bears say
ZIM Integrated Shipping Services Ltd faces a challenging financial outlook as management anticipates a fourth-quarter EBIT loss, compounded by negative earnings and free cash flow. The company's revenue from car carriers has significantly declined, contributing to a free cash flow breakeven that remains high at $1,463 per twenty-foot equivalent unit (teu), despite a slight improvement from the previous quarter. With total debt standing at $5.66 billion and concerns over persistently low freight rates, the potential for substantial negative impact on the company’s valuation remains a key concern.
This aggregate rating is based on analysts' research of ZIM Integrated Shipping Services and is not a guaranteed prediction by Public.com or investment advice.
ZIM Analyst Forecast & Price Prediction
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