ZIM Integrated Shipping Services

ZIM Integrated Shipping Services Ltd. engages in the provision of shipping and logistics services. It offers shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. The company was founded on June 7, 1945 and is headquartered in Haifa, Israel.

Earnings data Q3 2023

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ZIM's atypical dividend policy is something investors cannot ignore.

Here's 1 Thing Savvy Investors Know About ZIM Stock

ZIM Integrated Shipping Services (ZIM) closed at $12.78 in the latest trading session, marking no change from the prior day.

ZIM Integrated Shipping Services (ZIM) Flat As Market Gains: What You Should Know

ZIM Integrated Shipping Services Ltd. cut 2023 forecasts due to an ongoing tough container shipping market. Container shipping indexes continue to show lower rates on a weekly basis. The stock has likely hit bottom now with the warning not leading to new lows, but ZIM Integrated Shipping faces a brutal period ahead.

ZIM Integrated: Reality Bites Hard (Rating Upgrade)

ZIM Integrated Shipping (NYSE: ZIM ) stock is in the news Wednesday after the company provided an updated 2023 guidance to investors. ZIM Integrated Shipping says that it now expects adjusted EBITDA of $1.2 billion to $1.6 billion for the full year of 2023.

ZIM Stock Alert: What to Know as ZIM Integrated Shipping Lowers Guidance

Company Now Expects to Generate in 2023 Adjusted EBITDA of $1.2-$1.6 Billion and Adjusted EBIT Loss of $500-$100 Million 1 HAIFA, Israel , July 12, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, updated its guidance for the full year of 2023.

ZIM Updates its Outlook for 2023

ZIM Integrated (NYSE: ZIM) stock price has moved sideways in the past few days as investors assess trends in the shipping industry. The shares were trading at $12.62, a few points above the year-to-date low of $11.77.

ZIM Integrated stock: Outlook as shipping costs plunge continues

ZIM Integrated Shipping Services Ltd.'s stock has disappointed me. I expected buying sentiments to improve, but buyers likely weren't convinced the company could recover from its malaise. Despite management's optimism for a recovery in H2, investors remain skeptical due to weakening global container freight rates and China's faltering economic recovery. The company is expected to report negative earnings over the next two fiscal years, discouraging value investors and making a quick recovery unlikely.

ZIM Integrated: I Was Wrong - It Was Never A Gift To Begin With (Downgrade)

ZIM (ZIM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

ZIM Integrated Shipping Services Ltd. (ZIM) Is a Trending Stock: Facts to Know Before Betting on It

Fintel reports that on July 3, 2023, JP Morgan maintained coverage of Zim Integrated Shipping Services (NYSE:ZIM) with a Neutral recommendation.

JP Morgan Maintains Zim Integrated Shipping Services Neutral Recommendation

ZIM Integrated Shipping has experienced significant selling pressure following a net loss of $58 million in Q1, leading to a suspension of dividends. The negative sentiment is already reflected in the company's valuation and ZIM stock remains a good choice for those betting on the shipping industry's recovery. I downgrade the rating to a hold, but remain invested in anticipation of a cyclical profit recovery in 2024.

ZIM Integrated Shipping Services: Time To Be Cautious (Rating Downgrade)

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Jefferies Financial Group on Tuesday maintained ZIM Integrated Shipping Services Ltd ZIM with a Hold rating, but lowered its price target from $16 to $13.

How To Earn $500 A Month From ZIM Integrated Shipping Stock - ZIM Integrated Shipping (NYSE:ZIM)

Julian Lin and Romil Patel lay out their investment views on ZIM Integrated. Freight rates have plummeted and ZIM has turned from a cash flow monster to generating zero profits.

'Macro Drives Everything' Julian Lin And Romil Patel On ZIM Integrated

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Small and medium-sized enterprises receive unprecedented access to instant $10,000 credit lines* and in-platform secure online payment options offering credit card and online bank transfers (ACH Debit) with the ability to pay up to 90 days from the cargo delivery date NEW YORK , June 21, 2023 /PRNewswire/ -- Ship4wd, a leading global digital freight forwarding solution platform, today announced an industry first-of-its-kind financial services offering with the debut of three new financing and payment features, addressing one of the most prominent issues small and medium-sized businesses (SMBs) importers and exporters are facing today—cash flow management, a challenge often considered the glass ceiling for growth to many SMBs. As economic headwinds continue to surge, SMBs continue to battle significant financial friction that poses a roadblock to their growth and long-term sustainability.

Ship4wd Changes Freight Industry Standards for SMBs with New $10,000 Instant Credit Line, Ability to Pay for Shipments 90 Days After Arrival, Secure Online Checkouts

HAIFA, Israel , June 21, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd  (NYSE: ZIM) announced today the expansion of its partnership with cross-border trade financing platform  40Seas , integrating the 40Seas' flexible digital financing solution via ZIM's website as well as  Ship4wd 's, ZIM's award-winning digital freight forwarding subsidiary.   The expanded collaboration demonstrates ZIM's commitment to transforming traditional shipping practices into the digital era and enhancing customers' choices by providing them with a seamless digital experience to allow them faster and cheaper access to capital to meet their credit needs.

ZIM Expands Partnership with 40Seas to Offer Flexible Digital Financing Solutions to its Customer Base

ZIM (ZIM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Investors Heavily Search ZIM Integrated Shipping Services Ltd. (ZIM): Here is What You Need to Know

The company has experienced volatile operating conditions in the last three years.

What's Going On With ZIM Stock

Shipping rates have collapsed from pandemic highs, which is bad news for ZIM stock investors.

Here's How ZIM Stock Is Reacting to a Tough Market

The company's dividend policy dictated that ZIM cut the dividend payout.

Why Did ZIM Stock Pause the Dividend?

Recession odds for the U.S. economy have increased, with a near-70% chance of a recession in 2024, impacting ZIM Integrated Shipping Services. Shipping rates have fallen to a new post-pandemic low of $1,592/container, adding pressure on margins and potentially leading to a complete suspension of dividends. ZIM Integrated Shipping Services' EPS estimates are set for a new round of downgrades, with shares expected to make new lows in the coming weeks and months.

ZIM Integrated: Set For New Lows In 2023

The shipping company is trading at an incredibly cheap valuation, but there is a reason for that.

Why Is Everyone Talking About ZIM Stock Right Now?

ZIM Integrated Shipping Services Ltd. is no longer a dividend stock. With freight rates back to pre-pandemic levels, the company saw all of its profits disappear. Barring another pandemic, this may be the new norm.

Why I Sold ZIM Integrated: What's Next After Dividend Elimination And Upcoming Storm

The Panama Canal is facing a severe drought, causing water levels to drop and leading to draft restrictions for vessels. This situation could potentially absorb around 2% of global container shipping capacity, impacting companies like ZIM Integrated Shipping. ZIM could benefit from temporary rate increases on the Pacific and specific long-haul Latin American trades, causing a price surge and causing short covering.

News for ZIM Integrated Shipping Services Stock (ZIM)