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 $22.54, up 3.97% from the previous day, and has increased 77.06% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.03 percentage points. Zim Integrated Shipping Services stock is currently +252.74% from its 52-week low of $6.39, and -4.21% from its 52-week high of $23.53.
There are currently 120.32M shares of ZIM outstanding. The market value of ZIM is $2.71B. In the past 24 hours, 8.67M 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.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your method of payment and add your info.
- 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).
- 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.
- 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.
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 AccountStep 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
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new brokerage account.
- 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.
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 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 1.07x, relative to Marine Shipping industry P/B ratio of 1.24x
You can do additional valuation research on ZIM's stock here.
How do ZIM Financials look?
Positive Financial Indicators:
- ZIM's operating cash flow of $1.17B allows it to safely service it's debt of $5.37B.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the ZIM balance sheet.
- There are more short-term liabilities than short-term assets on the ZIM balance sheet.
- ZIM profit margin has gone down from 27.9% to -47.6% in the past year.
- ZIM has a relatively high debt to equity ratio of 2.51.
- ZIM earnings of -$2.20B is not sufficient to cover its interest payments.
Do analysts think it's a good time to buy ZIM stock
Out of 4 Equities analysts who give forecasts on ZIM, the consensus analyst rating on ZIM is a Hold
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Zim Integrated Shipping Services stock forecast page.
Metrics for Advanced ZIM Traders
ZIM Growth Metrics
Last year, ZIM revenue was $5.35B. During the last three year, ZIM's revenue has increased by 44.64% per year. This was slower than the Marine Shipping industry average of 44.84%.
Dive into ZIM's earnings and revenue performance here.
What are ZIM executives and large shareholders up to?
In the past 12 months, insiders at ZIM have not bought or sold any shares.
Research more about who owns ZIM stock here.
Does ZIM provide a stable income stream?
No, Zim Integrated Shipping Services doesn't provide an income stream by paying out dividends.
What do other traders have to say about ZIM?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your ZIM trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open button and your broker will place the order.
If you require more help investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your ZIM position
Now that you own some ZIM stock, you'll want to keep up with your investment.
Make a watchlist to monitor your ZIM stock.
ZIM Feed
How to Buy Stock in Zim Integrated Shipping Services
To summarize, here are the 6 steps you need to take to buy Zim Integrated Shipping Services stock right now:
- Choose where to buy Zim Integrated Shipping Services stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Evaluate Zim Integrated Shipping Services stock
- Execute your ZIM trade
- Monitor your ZIM position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Zim Integrated Shipping Services, get started below.
Related Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.