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The closing price of ZipRecruiter Inc (NYSE: ZIP) was $8.87 for the day, down -2.85% from the previous closing price of $9.13. In other words, the price has decreased by -$2.85 from its previous closing price. On the day, 0.51 million shares were traded. ZIP stock price reached its highest trading level at $9.15 during the session, while it also had its lowest trading level at $8.77.
Ratios:
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 1.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.14. For the most recent quarter (mrq), Quick Ratio is recorded 7.44 and its Current Ratio is at 7.44. In the meantime, Its Debt-to-Equity ratio is 22.71 whereas as Long-Term Debt/Eq ratio is at 22.52.
On January 19, 2024, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $15.
On November 20, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $15.Wells Fargo initiated its Overweight rating on November 20, 2023, with a $15 target price.
Insider Transactions:
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 Jul 26 ’24 when TRAVERS DAVID sold 118 shares for $9.23 per share. The transaction valued at 1,089 led to the insider holds 1,096,053 shares of the business.
YARBROUGH TIMOTHY G. sold 5,090 shares of ZIP for $43,431 on Jul 19 ’24. The EVP & CHIEF FINANCIAL OFFICER now owns 163,078 shares after completing the transaction at $8.53 per share. On Jul 19 ’24, another insider, SAKAMOTO RYAN T., who serves as the EVP, CHIEF LEGAL OFFICER of the company, sold 1,489 shares for $8.53 each. As a result, the insider received 12,706 and left with 100,988 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 881132480 and an Enterprise Value of 912645248. As of this moment, ZipRecruiter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 36.01. Its current Enterprise Value per Revenue stands at 1.698 whereas that against EBITDA is 14.282.
Stock Price History:
Over the past 52 weeks, ZIP has reached a high of $16.80, while it has fallen to a 52-week low of $7.21. The 50-Day Moving Average of the stock is 1.58%, while the 200-Day Moving Average is calculated to be -22.49%.
Shares Statistics:
ZIP traded an average of 546.06K shares per day over the past three months and 731150 shares per day over the past ten days. A total of 76.17M shares are outstanding, with a floating share count of 63.49M. Insiders hold about 36.09% of the company’s shares, while institutions hold 56.32% stake in the company. Shares short for ZIP as of 1722384000 were 3011341 with a Short Ratio of 5.51, compared to 1719532800 on 3099681. Therefore, it implies a Short% of Shares Outstanding of 3011341 and a Short% of Float of 6.280000500000001.
