How to buy Zip Co (ZIP) shares in Australia
Learn how to easily invest in Zip Co shares.
How to buy shares in Zip Co
To buy shares listed in Australia such as Zip Co, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
Search for Zip Co. Find the share by name or ticker symbol: ZIP. Research its history to confirm it's a solid investment against your financial goals.
Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Zip Co reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
Check on your investment. Congratulations, you own a part of Zip Co. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
Zip Co stock price (ASX:ZIP)Use our graph to track the performance of ZIP stocks over time.
Zip Co shares at a glance
|$0.255 - $0.99
|50-day moving average
|200-day moving average
|Earnings per share (TTM)
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Is it a good time to buy Zip Co stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Zip Co price performance over time
|1 week (2024-02-23)
|1 month (2024-02-02)
|3 months (2023-12-01)
|6 months (2023-09-01)
|1 year (2023-03-02)
|5 years (2019-03-01)
Is Zip Co under- or over-valued?
Valuing Zip Co stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Zip Co's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Zip Co's EBITDA
Zip Co's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $283.4 million (£0.0 million).
The EBITDA is a measure of a Zip Co's overall financial performance and is widely used to measure stock profitability.
Zip Co financials
|Operating margin TTM
|Gross profit TTM
|Return on assets TTM
|Return on equity TTM
TTM: trailing 12 months
Zip Co share dividends
We're not expecting Zip Co to pay a dividend over the next 12 months.
Have Zip Co's shares ever split?
Zip Co's shares were split on a 1:10 basis on 29 July 2015. So if you had owned 10 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Zip Co shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Zip Co shares which in turn could have impacted Zip Co's share price.
Zip Co share price volatility
Over the last 12 months, Zip Co's shares have ranged in value from as little as $0.255 up to $0.99. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Zip Co's is 3.286. This would suggest that Zip Co's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Zip Co overview
Zip Co Limited engages in the provision of digital retail finance and payments solutions to consumers, and small and medium sized merchants (SMEs) in Australia, New Zealand, Canada, and the United States. The company offers Buy Now Pay Later services, which offer line of credit and installment products to consumers through online and in-store. It also provides unsecured loans and lines of credit to SMEs. The company was formerly known as ZipMoney Limited and changed its name to Zip Co Limited in December 2017. Zip Co Limited was incorporated in 2009 and is headquartered in Sydney, Australia.
24 January 2023: Shares in Zip Co Ltd surged to their highest in 2.5 months after the buy now pay later firm said December quarter revenue rose 12% to a record $188 million. Zip said transaction volume jumped 15% quarter on quarter to 22.6 million and the company is on track to deliver group positive cash flow in the first half of the next financial year.
Frequently asked questions
- EOD price data and company information for Zip Co accessed 01 Mar 2024
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