ZIM Integrated Shipping: Seize Conservative Guidance, Potential Fair Value Of At Least $20 [Seeking Alpha]
ZIM Integrated Shipping Services Ltd. Ordinary Shares (ZIM)
Company Research
Source: Seeking Alpha
ZIM Integrated Shipping Services Ltd. ( NYSE: ZIM ) is an Israeli global container liner shipping company greatly benefited by Red Sea disruption. Background I have covered ZIM previously, investors should view this as an update to the previous article on the company, where I did an extensive Business Overview and explained the investment thesis in detail. Since the publication of the previous article, the company has reported Q4 2023 results and provided 2024 guidance. In the following sections, I will provide commentary on these developments and incorporate the updated information into the valuation analysis. Meanwhile, the Red Sea situation has not improved, and rates have remained elevated but softening. While I initially anticipated a potential uptick post-Chinese New Year due to strong US demand , this assumption has proven wrong. Rates have fallen quicker than what I was expecting and just this week there are some early signs of stabilization with FBX, freight futures
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ZIM
News
- Want Better Returns? Don't Ignore These 2 Transportation Stocks Set to Beat Earnings [Yahoo! Finance]Yahoo! Finance
- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) Shares Could Be 43% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
- ZIM Integrated Shipping Services (ZIM) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- ZIM Integrated Shipping Services (ZIM) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- Next Wave of AI Growth is Here and ZutaCore is Expanding with New Offices in Taiwan, India, and a Bolstered Executive Management Team with New CFO, EVP of Global Sales, VP Of AI and Sustainability, and India Country Manager [Yahoo! Finance]Yahoo! Finance
ZIM
Earnings
- 3/13/24 - Beat
ZIM
Sec Filings
- 3/13/24 - Form 20-F
- 3/13/24 - Form 6-K
- ZIM's page on the SEC website