The closing price of ZipRecruiter Inc. (NYSE: ZIP) was $15.47 for the day, down -1.96% from the previous closing price of $15.78. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 1000420 shares were traded. ZIP stock price reached its highest trading level at $16.02 during the session, while it also had its lowest trading level at $15.42.
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Our analysis of ZIP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.34. For the most recent quarter (mrq), Quick Ratio is recorded 5.50 and its Current Ratio is at 5.50.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 19 when SAKAMOTO RYAN T. sold 1,787 shares for $16.00 per share. The transaction valued at 28,592 led to the insider holds 80,656 shares of the business.
Bartolome Lora sold 1,528 shares of ZIP for $22,721 on May 15. The VP, Accounting & Controller now owns 10,164 shares after completing the transaction at $14.87 per share. On Apr 20, another insider, SHIMANOVSKY BORIS F., who serves as the EVP & Chief Technology Officer of the company, sold 8,666 shares for $17.34 each. As a result, the insider received 150,235 and left with 153,207 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZIP now has a Market Capitalization of 1.51B and an Enterprise Value of 1.55B. As of this moment, ZipRecruiter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.44, and their Forward P/E ratio for the next fiscal year is 32.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83. Its current Enterprise Value per Revenue stands at 1.80 whereas that against EBITDA is 13.43.
Stock Price History:
Over the past 52 weeks, ZIP has reached a high of $24.05, while it has fallen to a 52-week low of $13.68. The 50-Day Moving Average of the stock is 16.14, while the 200-Day Moving Average is calculated to be 17.21.
ZIP traded an average of 791.45K shares per day over the past three months and 902.95k shares per day over the past ten days. A total of 104.26M shares are outstanding, with a floating share count of 52.83M. Insiders hold about 2.50% of the company’s shares, while institutions hold 92.50% stake in the company. Shares short for ZIP as of May 14, 2023 were 5.87M with a Short Ratio of 5.87M, compared to 4.83M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.82% and a Short% of Float of 9.80%.
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.02, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.19, with high estimates of $0.22 and low estimates of $0.16.
Analysts are recommending an EPS of between $0.62 and $0.39 for the fiscal current year, implying an average EPS of $0.52. EPS for the following year is $0.48, with 6 analysts recommending between $0.62 and $0.12.
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $173.2M to a low estimate of $167.29M. As of the current estimate, ZipRecruiter Inc.’s year-ago sales were $239.94M, an estimated decrease of -29.10% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $171.15M, a decrease of -24.60% over than the figure of -$29.10% in the same quarter last year. There is a high estimate of $183M for the next quarter, whereas the lowest estimate is $160.91M.
A total of 7 analysts have provided revenue estimates for ZIP’s current fiscal year. The highest revenue estimate was $743M, while the lowest revenue estimate was $667.07M, resulting in an average revenue estimate of $696.46M. In the same quarter a year ago, actual revenue was $904.65M, down -23.00% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $766.36M in the next fiscal year. The high estimate is $861M and the low estimate is $706.22M. The average revenue growth estimate for next year is up 10.00% from the average revenue estimate for this year.