Is this a Prime Time To acquire ZipRecruiter Inc (ZIP) stock

In the latest session, ZipRecruiter Inc (NYSE: ZIP) closed at $12.29 down -1.29% from its previous closing price of $12.45. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 913115 shares were traded.

Ratios:

For a deeper understanding of ZipRecruiter Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.55. For the most recent quarter (mrq), Quick Ratio is recorded 5.96 and its Current Ratio is at 6.57. In the meantime, Its Debt-to-Equity ratio is 66.40 whereas as Long-Term Debt/Eq ratio is at 65.87.

On November 20, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $15.

On October 04, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $13.UBS initiated its Neutral rating on October 04, 2023, with a $13 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 20 when YARBROUGH TIMOTHY G. sold 5,510 shares for $14.23 per share. The transaction valued at 78,406 led to the insider holds 192,950 shares of the business.

Garefis Amy sold 3,178 shares of ZIP for $46,507 on Feb 15. The EVP CHIEF PEOPLE OFFICER now owns 141,012 shares after completing the transaction at $14.63 per share. On Feb 15, another insider, Bartolome Lora, who serves as the VP, ACCOUNTING & CONTROLLER of the company, sold 1,532 shares for $14.71 each. As a result, the insider received 22,532 and left with 10,164 shares of the company.

Valuation Measures:

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 1.21B and an Enterprise Value of 1.27B. As of this moment, ZipRecruiter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.35, and their Forward P/E ratio for the next fiscal year is 49.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 145.17. Its current Enterprise Value per Revenue stands at 1.77 whereas that against EBITDA is 10.16.

Stock Price History:

Over the past 52 weeks, ZIP has reached a high of $19.29, while it has fallen to a 52-week low of $10.27. The 50-Day Moving Average of the stock is 14.19, while the 200-Day Moving Average is calculated to be 14.62.

Shares Statistics:

For the past three months, ZIP has traded an average of 599.37K shares per day and 838.48k over the past ten days. A total of 76.17M shares are outstanding, with a floating share count of 66.21M. Insiders hold about 31.12% of the company’s shares, while institutions hold 53.01% stake in the company. Shares short for ZIP as of Feb 15, 2024 were 3.05M with a Short Ratio of 5.09, compared to 2.8M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.09% and a Short% of Float of 4.95%.

Earnings Estimates

There are 7 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of $0.01 and a low estimate of -$0.09, while EPS last year was $0.05. The consensus estimate for the next quarter is -$0.02, with high estimates of $0.04 and low estimates of -$0.08.

Analysts are recommending an EPS of between $0.22 and -$0.21 for the fiscal current year, implying an average EPS of $0.04. EPS for the following year is $0.31, with 8 analysts recommending between $0.72 and -$0.15.

Revenue Estimates

A total of 8 analysts believe the company’s revenue will be $120.66M this quarter.It ranges from a high estimate of $122.1M to a low estimate of $119.14M. As of the current estimate, ZipRecruiter Inc’s year-ago sales were $183.75M, an estimated decrease of -34.30% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $127.39M, a decrease of -25.20% over than the figure of -$34.30% in the same quarter last year. There is a high estimate of $135.9M for the next quarter, whereas the lowest estimate is $121.25M.

A total of 8 analysts have provided revenue estimates for ZIP’s current fiscal year. The highest revenue estimate was $578.4M, while the lowest revenue estimate was $487.06M, resulting in an average revenue estimate of $530.37M. In the same quarter a year ago, actual revenue was $645.72M, down -17.90% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $646.3M in the next fiscal year. The high estimate is $701.1M and the low estimate is $530.75M. The average revenue growth estimate for next year is up 21.90% from the average revenue estimate for this year.

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