ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shareholders would be excited to see that the share price has had a great month, posting a 26% gain and recovering from prior weakness. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 36% over that time.

Even after such a large jump in price, considering around half the companies operating in the United States’ Shipping industry have price-to-sales ratios (or “P/S”) above 1x, you may still consider ZIM Integrated Shipping Services as an solid investment opportunity with its 0.2x P/S ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the reduced P/S.

What Does ZIM Integrated Shipping Services’ Recent Performance Look Like?

ZIM Integrated Shipping Services certainly has been doing a good job lately as it’s been growing revenue more than most other companies. It might be that many expect the strong revenue performance to degrade substantially, which has repressed the share price, and thus the P/S ratio. If you like the company, you’d be hoping this isn’t the case so that you could potentially pick up some stock while it’s out of favour.

Keen to find out how analysts think ZIM Integrated Shipping Services’ future stacks up against the industry? In that case, our free report is a great place to start.

What Are Revenue Growth Metrics Telling Us About The Low P/S?

The only time you’d be truly comfortable seeing a P/S as low as ZIM Integrated Shipping Services’ is when the company’s growth is on track to lag the industry.

Retrospectively, the last year delivered an exceptional 44% gain to the company’s top line. Still, revenue has fallen 38% in total from three years ago, which is quite disappointing. So unfortunately, we have to acknowledge that the company has not done a great job of growing revenues over that time.

Looking ahead now, revenue is anticipated to plummet, contracting by 25% during the coming year according to the six analysts following the company. The industry is also set to see revenue decline 7.0% but the stock is shaping up to perform materially worse.

With this in consideration, it’s clear to us why ZIM Integrated Shipping Services’ P/S isn’t quite up to scratch with its industry peers. However, when revenue shrink rapidly the P/S often shrinks too, which could set up shareholders for future disappointment. Even just maintaining these prices could be difficult to achieve as the weak outlook is already weighing down the shares heavily.

The Key Takeaway

The latest share price surge wasn’t enough to lift ZIM Integrated Shipping Services’ P/S close to the industry median. We’d say the price-to-sales ratio’s power isn’t primarily as a valuation instrument but rather to gauge current investor sentiment and future expectations.

As we suspected, our examination of ZIM Integrated Shipping Services’ analyst forecasts revealed that its even shakier outlook against the industry is contributing factor to why its P/S is so low. With such a gloomy outlook, investors feel the potential for an improvement in revenue isn’t great enough to justify paying a premium resulting in a higher P/S ratio. Typically when industry conditions are tough, there’s a real risk of company revenues sliding further, which is a concern of ours in this case. For now though, it’s hard to see the share price rising strongly in the near future under these circumstances.

You should always think about risks. Case in point, we’ve spotted 2 warning signs for ZIM Integrated Shipping Services you should be aware of, and 1 of them can’t be ignored.

If strong companies turning a profit tickle your fancy, then you’ll want to check out this free list of interesting companies that trade on a low P/E (but have proven they can grow earnings).

Shares of electric aviation startup Beta Technologies took flight Tuesday as the company made its debut on the New York Stock Exchange with an outsized raise of $1 billion and a stock price that closed up.

The Vermont-based company priced shares in its IPO at $34, above its predicted range of $27 to $33. Beta Technologies sold 29.9 million shares to raise more $1 billion at a valuation of $7.4 billion.

Once trading started, shares of Beta Technologies dipped before recovering and ultimately closing at $36.

Beta Technologies’ public market debut is a capstone to founder and CEO Kyle Clark’s untraditional approach to building an aviation company. Clark, a Harvard-educated former professional hockey player and pilot instructor, founded Beta Technologies in 2017. He didn’t take the typical path of a startup founder, eschewing Silicon Valley for his Vermont hometown and bypassing venture capital. Instead, Beta has raised funds — to the tune of $1.15 billion — from institutional investors like Fidelity and Qatar Investment Authority. Amazon and General Electric are among Beta’s biggest investors.

In another uncommon move, the company filed its IPO paperwork despite the government shutdown. The U.S. Securities and Exchange Commission issued guidance last month that lets companies in IPO limbo issue statements, including share price, that become automatically effective after 20 days, even without SEC staff review. Several other companies, including Navan, have pressed ahead with IPO plans under this rule.

The decision to proceed under this SEC guidance would mean a 20-day roadshow with investors, Clark told TechCrunch, adding that bank advisers told him being on the road that long was risky.

“And I said, ‘You know what? It actually is not. I think the more time we spend with investors, the better this is going to be for Beta,’” Clark said in an interview Monday evening. “As people started to dig really deep into the tech and the strategy, we got stronger and stronger, and our oversubscription speaks for itself.”

His hope, he told TechCrunch, is for steady and slow growth of the stock, not a wild, uncontrolled pop.

Now Clark says he is focused back on the company, including the commercial certification of its electric aircraft with the Federal Aviation Administration.

Beta aims to be an OEM to the aviation sector. The company has designed two electric aircraft. A conventional electric aircraft, called the Alia CX300 eCTOL, is designed for regional flight. An electric vertical takeoff and landing aircraft, dubbed the Alia A250 eVTOL, is primed for urban environments.

Beta has also built an EV aircraft charging business, of which Archer Aviation is a customer.

Beta’s IPO regulatory documents show it has generated revenue but is still not near profitability. Beta brought in $15.6 million in the first half of 2025, double the revenue from the same period in 2024. Its net losses have also grown by roughly one-third to $183 million over the first six months of the year.

Leading designer of graphics chips Nvidia (NASDAQ:NVDA) will be announcing earnings results this Wednesday after the bell. Here’s what investors should know.

Nvidia met analysts’ revenue expectations last quarter, reporting revenues of $46.74 billion, up 55.6% year on year. It was a satisfactory quarter for the company, with a beat of analysts’ EPS estimates but an increase in its inventory levels.

This quarter, analysts are expecting Nvidia’s revenue to grow 58.1% year on year to $55.45 billion, slowing from the 93.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.25 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Nvidia has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 4.7% on average.

Looking at Nvidia’s peers in the processors and graphics chips segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Qorvo delivered year-on-year revenue growth of 1.1%, beating analysts’ expectations by 1.9%, and Qualcomm reported revenues up 10%, topping estimates by 4.6%. Qorvo traded down 7.7% following the results while Qualcomm’s stock price was unchanged.

Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the processors and graphics chips stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.9% on average over the last month. Nvidia is up 1.5% during the same time and is heading into earnings with an average analyst price target of $232.79 (compared to the current share price of $185.68).

Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

Semiconductor production equipment company Kulicke & Soffa (NASDAQ: KLIC) will be reporting results this Wednesday afternoon. Here’s what investors should know.

Kulicke and Soffa beat analysts’ revenue expectations by 1.8% last quarter, reporting revenues of $148.4 million, down 18.3% year on year. It was an exceptional quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.

This quarter, analysts are expecting Kulicke and Soffa’s revenue to decline 6.2% year on year to $170 million, improving from the 10.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.22 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Kulicke and Soffa has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Kulicke and Soffa’s peers in the semiconductor manufacturing segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Teradyne delivered year-on-year revenue growth of 4.3%, beating analysts’ expectations by 3.3%, and FormFactor reported a revenue decline of 2.5%, topping estimates by 1.3%. Teradyne traded up 19.8% following the results while FormFactor was also up 23.4%.

Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the semiconductor manufacturing stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.9% on average over the last month. Kulicke and Soffa is down 10% during the same time and is heading into earnings with an average analyst price target of $41.60 (compared to the current share price of $35.62).

Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

Barrick Mining (NYSE:B) shares have seen some action recently, drawing attention from investors curious about the company’s performance this month. The stock’s steady climb is encouraging a closer look at what is driving sentiment.

Barrick Mining’s impressive momentum is catching attention, with a 1-day share price return of 1.67% capping off a 7-day surge of nearly 12%. This builds on a strong year-to-date rally, as investors respond to ongoing strength in commodities and a robust three-year total shareholder return of 155%. These are clear signs that confidence and growth potential are building.

If this kind of performance has you looking for more opportunities, it could be the perfect time to broaden your horizons and discover fast growing stocks with high insider ownership

But with Barrick Mining’s shares on a winning streak and trading only modestly below analyst price targets, the big question now is whether there is hidden value left for investors or if all future growth is already reflected in the price.

Price-to-Earnings of 17.5x: Is it justified?

Barrick Mining currently trades at a price-to-earnings (P/E) ratio of 17.5x, which is notably lower than both its industry and peer averages. Despite recent share price gains, the company still looks attractively valued relative to its competitors.

The price-to-earnings ratio measures the market’s expectations for a company’s earnings power. For a mining company like Barrick, this is especially useful as it reflects how the market values current profitability compared to sector benchmarks. With solid earnings growth and climbing profits, a lower P/E suggests the market may be cautious about future results or earnings sustainability.

Compared to the US Metals and Mining industry average of 20.5x and a peer group average of 22.1x, Barrick’s multiple stands out as good value. Our estimate of a fair P/E ratio for Barrick is 25.7x. This indicates there is potential for the market to rerate the stock upwards if strong results continue.

Result: Price-to-Earnings of 17.5x (UNDERVALUED)

However, slower revenue or profit growth, or shifts in commodity demand, could quickly challenge the current optimism around Barrick Mining’s recent momentum.

Another View: What Does the DCF Model Say?

While the market sees Barrick Mining as undervalued based on its current price-to-earnings ratio, our SWS DCF model points to an even larger gap, estimating fair value at $138.58 per share, well above today’s price. Is the market missing something, or is this optimism misplaced?

Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Barrick Mining for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 894 undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match – so you never miss a potential opportunity.

Build Your Own Barrick Mining Narrative

If you see things differently or want to explore the numbers on your own terms, you can shape your own view in just a few minutes, and Do it your way

A great starting point for your Barrick Mining research is our analysis highlighting 4 key rewards and 2 important warning signs that could impact your investment decision.

Looking for more investment ideas?

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How far off is IDACORP, Inc. (NYSE:IDA) from its intrinsic value? Using the most recent financial data, we’ll take a look at whether the stock is fairly priced by projecting its future cash flows and then discounting them to today’s value. We will use the Discounted Cash Flow (DCF) model on this occasion. Believe it or not, it’s not too difficult to follow, as you’ll see from our example!

We generally believe that a company’s value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you.

Is IDACORP Fairly Valued?

We have to calculate the value of IDACORP slightly differently to other stocks because it is a electric utilities company. Instead of using free cash flows, which are hard to estimate and often not reported by analysts in this industry, dividends per share (DPS) payments are used. This often underestimates the value of a stock, but it can still be good as a comparison to competitors. We use the Gordon Growth Model, which assumes dividend will grow into perpetuity at a rate that can be sustained. For a number of reasons a very conservative growth rate is used that cannot exceed that of a company’s Gross Domestic Product (GDP). In this case we used the 5-year average of the 10-year government bond yield (3.3%). The expected dividend per share is then discounted to today’s value at a cost of equity of 7.0%. Relative to the current share price of US$128, the company appears slightly overvalued at the time of writing. Valuations are imprecise instruments though, rather like a telescope – move a few degrees and end up in a different galaxy. Do keep this in mind.

Value Per Share = Expected Dividend Per Share / (Discount Rate – Perpetual Growth Rate)

= US$3.8 / (7.0% – 3.3%)

= US$103

Nov 14 (Reuters) – Wall Street stocks ended mixed on Friday as investors looked ahead to Nvidia’s quarterly results next week and worried that the Federal Reserve may hold off on cutting U.S. interest rates in December.

The Nasdaq ended higher and the S&P 500 finished marginally weaker after an early selloff that dragged all three major Wall Street indexes down more than 1%.

Investors in recent days have fretted about the pace of rate cuts and pricey valuations of heavyweight artificial intelligence stocks that have fueled much of the U.S. stock market’s gains in recent years.

Nvidia (NVDA.O), opens new tab, Palantir (PLTR.O), opens new tab and Microsoft (MSFT.O), opens new tab each gained more than 1%.
Expectations the Fed will cut rates at its December policy meeting have faded in recent days amid signs of persistent inflation, caused in part by U.S. President Donald Trump’s global tariffs. The probability of a 25-basis-point rate cut in December has fallen to under 50% from 67% last week, according to CME Group’s FedWatch tool.

Kansas City Fed President Jeffrey Schmid said on Friday his concerns about “too hot” inflation go well beyond the narrow effects of tariffs, signaling that he could dissent again at the Fed’s December meeting should policymakers opt to cut short-term borrowing costs. He was one of two dissenters in the Fed’s October decision to lower the policy rate by a quarter of a percentage point.

AI chipmaker Nvidia will be at the center of Wall Street’s attention when it reports quarterly results on Wednesday, with investors eager for fresh evidence that a race to dominate the emerging technology is not losing steam.

“We’ve got a huge event next week with Nvidia,” said Mike Dickson, head of research and quantitative strategies at Horizon Investments in Charlotte, North Carolina. “If Nvidia disappoints, they will be punished. But I also think that – kind of like you’re seeing today – you’ll see dip buyers come back in pretty quickly and stabilize things.”

UnitedHealth Group (UNH.N), opens new tab declined 3.2% and Visa (V.N), opens new tab lost 1.8%, both weighing on the Dow.

The S&P 500 fell 0.05% to end at 6,734.11 points.

The Nasdaq gained 0.13% to 22,900.59 points, while the Dow Jones Industrial Average declined 0.65% to 47,147.48 points.

Seven of the 11 S&P 500 sector indexes declined, led lower by materials (.SPLRCM), opens new tab, down 1.18%, followed by a 0.97% loss in financials (.SPSY), opens new tab.

For the week, the S&P 500 rose 0.1%, the Dow added 0.3% and the Nasdaq lost 0.5%.

Concerns about the labor market’s health and the inflation outlook have weighed on investors, who expect some permanent gaps in official economic data even after the record-long U.S. government shutdown ended on Thursday.

In global trade, the Swiss government said U.S. tariffs on Swiss goods will be reduced to 15% from 39%.

Warner Bros Discovery (WBD.O), opens new tab gained 4% after the entertainment company said it had amended CEO David Zaslav’s employment agreement amid a strategic review of its business.

Cidara Therapeutics shares (CDTX.O), opens new tab more than doubled after Merck (MRK.N), opens new tab said it will acquire the company in an almost $9.2 billion deal

Declining stocks outnumbered rising ones within the S&P 500 (.AD.SPX), opens new tab by a 1.7-to-one ratio.

The S&P 500 posted 12 new highs and 10 new lows; the Nasdaq recorded 52 new highs and 295 new lows.

Volume on U.S. exchanges was 20.1 billion shares, just below the average of 20.2 billion shares over the previous 20 sessions.

Reporting by Twesha Dikshit and Purvi Agarwal in Bengaluru, and by Noel Randewich in San Francisco; Editing by Maju Samuel, Krishna Chandra Eluri and Richard Chang

The GEO Group, Inc. (NYSE:GEO) is among the 13 Most Undervalued Stocks Under $20 to Buy. On November 7, Jones Trading slashed the stock’s price target to $37 from $50, citing the company’s slow growth as the reason behind the adjustment.

Despite the downward revision, the new price target reflects a 142% upside potential. Moreover, the firm said that it has a positive outlook for all business segments of the company, reflected in the reiteration of its earlier Buy rating on the stock.

In September this year, The GEO Group, Inc. (NYSE:GEO)’s subsidiary, BI Incorporated, secured a two-year contract from the U.S. Immigration and Customs Enforcement to continue delivering services for the Intensive Supervision Appearance Program (ISAP).

Jones Trading described the contract award as a significant opportunity for the company, while noting that ISAP could continue to face challenges until ICE expands its detention capacity to its target of 100,000.

In other news, on November 6, The GEO Group, Inc. (NYSE:GEO) reported financial results, with revenues up 13% year-over-year to $682.3 million, and net income soaring to $174 million from a mere $26 million a year ago.

However, the strong results were overshadowed by its fourth-quarter guidance, which fell short of analysts’ estimates and disappointed investors. The stock is down by over 10% since the announcement, closing at $14.98 on Monday, November 10.

The GEO Group, Inc. (NYSE:GEO) is a government services provider, with a focus on developing, financing, and supporting secure facilities, community reentry centers, and processing facilities.

While we acknowledge the potential of GEO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Grayscale Investments has filed for an IPO, seeking to list Class A shares on the NYSE under the ticker GRAY, according to an S-1 with the SEC.

The firm reported $35 billion in assets under management as of Sept. 30, and identified a total addressable market of $365 billion.

Grayscale Investments Inc. has formally filed for an initial public offering, joining a growing cohort of crypto firms pushing into U.S. public markets this year.

According to its S-1 filing on Thursday, Grayscale oversees about $35 billion in assets as of Sept. 30, 2025. It also reported an estimated $365 billion total addressable market for its suite of products covering 45 assets, including bitcoin and ether.

The company intends to list its Class A common stock on the New York Stock Exchange under the symbol GRAY. Pricing terms were not yet included in the paperwork submitted to the U.S. Securities and Exchange Commission.

Post-offering, Grayscale will operate with a dual-class structure. Class A shares carry one vote, while Class B shares — held by parent company Digital Currency Group — hold 10 votes but no economic rights. Parent firm Digital Currency Group will retain majority voting power, making Grayscale a “controlled company” under NYSE rules.

The IPO uses an Up-C structure, with proceeds used to purchase LLC units from pre-IPO holders. Grayscale confidentially filed its draft IPO paperwork with the SEC, as reported previously by The Block.

A rush of crypto IPOs in 2025

Grayscale’s move lands in one of the busiest IPO stretches the crypto industry has seen, as firms move quickly to capitalize on improved political conditions and growing institutional demand.

Over the past year, and notably under a pro-crypto administration led by President Donald Trump, crypto exchange Gemini debuted on the public market, trading above $40 per share at launch. Custody provider BitGo filed its own paperwork, revealing strong revenue growth. Circle also enjoyed an explosive debut.

Additionally, Blockchain infrastructure developer Consensys is pursuing an IPO with backing from JPMorgan and Goldman Sachs, while Mike Cagney’s Figure Technologies has also submitted draft documents. Meanwhile, crypto exchange Kraken has been exploring strategic investments at a $20 billion valuation as it gears up for an eventual 2026 listing.

The race to make Texas a national financial hub is heating up. Months after announcing a regional headquarters in Dallas, Nasdaq plans to launch Nasdaq Texas, a new dual listing venue that would join NYSE Texas and the Texas Stock Exchange on the newly established Y’all Street. Nasdaq expects to begin operations in early 2026, pending SEC approval.

“Texas is the financial services capital of America,” said Governor Abbott. “With another financial exchange coming to Texas, Nasdaq Texas cements our state as a global economic leader and will help further grow our leading financial industry. I thank Nasdaq for choosing Texas for their expansion and look forward to working together to keep Texas the financial hub of the nation.”

At the helm of Texas operations is Rachel Racz, who joined Nasdaq in 2013 to help stand up its oil and gas listings operation. Under her watch, she helped the exchange grow from capturing 20 percent of all energy IPOs to 80 percent.

“I think Dallas is the epicenter [of capital markets]—but really, it’s all of Texas,” Racz said. “The governor says it well: Texas has an incredible brand. What’s happening here, and what Nasdaq supports, is this miracle of leadership that’s been empowered across the state.

“Think about it—Texas is the eighth-largest economy in the world, soon to be seventh,” she continued. “It’s the global center and the gravitational force for innovation. It’s a job magnet and a job creator. I believe Texas is the bridge between energy and technology—the leader in job creation for both—and it embodies smart, pro-growth, pro-business regulation.”

Nasdaq might be third to join the capital markets party in Texas, but Racz is ready to compete.

“We don’t think about our competitors—we think about our clients,” she said. “We welcome competition, and we’re glad other companies view Texas as important as we do. But when I look at our business model compared with others, I truly believe no one offers the same holistic support for the capital markets that Nasdaq does.

“We want to win every listing, and we believe Nasdaq offers the best value proposition for companies looking to go public,” she continued. “Globally, we have about an 88 percent IPO win rate—meaning 88 percent of companies that choose to IPO do so on Nasdaq. I would expect our Texas numbers to be comparable to that.

“From a company growth perspective, roughly $3 trillion in market capitalization has transitioned from other exchanges to Nasdaq. About 500 companies have left their primary exchange to list with us. We already have a strong business of switches here in Texas, and I believe that segment will continue to grow as Nasdaq builds out its platform and deepens its support for listed companies across the state.”

Across the state, there are about 200 Nasdaq-listed companies with a combined market cap of $1.98 trillion. According to Racz, Nasdaq works with an additional 600 Texas companies, or its affiliated banks, to provide data transparency around its stock. Nasdaq has about 120 employees in the state.

Major companies have already chosen to dual-list on the NYSE Texas, including a handful of companies which have primary listings on Nasdaq. NYSE Texas’ first get was Trump Media & Technology, which is listed on Nasdaq too. AT&T, D.R. Horton, HF Sinclair, Comstock Resources, Marsh & McLennan, and more have also dual-listed with NYSE Texas.

The Texas Stock Exchange has yet to open for dual listings, but will do so in 2026.