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How to buy Zip Co (ZIP) shares in Australia

Learn how to easily invest in Zip Co shares.

Zip Co Ltd (ZIP) is an Australian digital payments company best known for its buy now pay later (BNPL) service. The ASX-listed company operates in Australia, South Africa, New Zealand, the United Kingdom and the United States. Often dubbed Afterpay's (APT) main rival, Zip Co provides a range of financial services and products, including digital wallets and a personal finance app.

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.

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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

Information last updated 2024-02-27.
52-week range$0.255 - $0.99
50-day moving average $0.6944
200-day moving average $0.4693
Target price$0.57
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.47

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
1 - 6 of 33
Name Product Standard brokerage fee Inactivity fee Asset class
eToro
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IG Share Trading
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$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian and international shares, plus get access to 24-hour customer support.
Moomoo Share Trading
$3
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CMC Invest
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CMC Invest
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ASX shares, Global shares, Options trading, US shares, ETFs
$0 brokerage on US, UK, Canadian and Japanese markets (FX spreads apply).
Trade over 45,000 shares and ETFs from Australia and 15 major global markets. Plus, buy Aussie shares or ETFs for $0 brokerage up to $1,000 (First buy order of each security, each day - excludes margin loan settled trades).
Tiger Brokers
$5.50
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ASX shares, Global shares, US shares, ETFs

Get one brokerage-free trade per month for the first 12 months for US or ASX markets. T&Cs apply.
Saxo Invested
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$3
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Access 22,000+ stocks on 50+ exchanges worldwide
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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

Historical closes compared with the last close of A$0.96

1 week (2024-02-22) 10.34%
1 month (2024-01-29) 30.61%
3 months (2023-11-29) 152.63%
6 months (2023-08-29) 178.26%
1 year (2023-03-01) 84.62%
3 years (2021-02-25) 5,547.06%
5 years (2019-03-01) 7,284.62%

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

Revenue TTM $789.7 million
Operating margin TTM 40.29%
Gross profit TTM $693.2 million
Return on assets TTM 4.26%
Return on equity TTM -16.07%
Profit margin -7.78%
Book value 0.48
Market capitalisation $830.3 million

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.

Past developments

04 January 2023: Zip Co Ltd announced chief strategy officer Tommy Mermelshtayn and chief people and culture officer Anna Buber-Farovich will leave the company. The buy now pay later firm reverses its previously aggressive expansion plans to focus on its core Australia and New Zealand and US markets.
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

  1. EOD price data and company information for Zip Co accessed 29 Feb 2024
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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