As of close of business last night, ZipRecruiter Inc’s stock clocked out at $12.46, down -3.86% from its previous closing price of $12.96. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 1021168 shares were traded. ZIP stock price reached its highest trading level at $13.03 during the session, while it also had its lowest trading level at $12.36.
Ratios:
To gain a deeper understanding of ZIP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.71. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1.23B and an Enterprise Value of 1.29B. As of this moment, ZipRecruiter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.71, and their Forward P/E ratio for the next fiscal year is 50.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 147.18. Its current Enterprise Value per Revenue stands at 1.86 whereas that against EBITDA is 10.29.
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 14.24, while the 200-Day Moving Average is calculated to be 14.67.
Shares Statistics:
It appears that ZIP traded 582.90K shares on average per day over the past three months and 795.17k shares per day 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 53.02% stake in the company. Shares short for ZIP as of Jan 31, 2024 were 3.37M with a Short Ratio of 5.78, compared to 2.7M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.41% and a Short% of Float of 5.46%.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.05, while EPS last year was $0.17. The consensus estimate for the next quarter is $0, with high estimates of $0.08 and low estimates of -$0.09.
Analysts are recommending an EPS of between $0.54 and $0.44 for the fiscal current year, implying an average EPS of $0.48. EPS for the following year is $0.24, with 8 analysts recommending between $0.58 and -$0.08.
Revenue Estimates
In the current quarter, 8 analysts expect revenue to total $135.92M. It ranges from a high estimate of $130M to a low estimate of $125.13M. As of the current estimate, ZipRecruiter Inc’s year-ago sales were $210.48M, an estimated decrease of -35.40% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $120.66M, a decrease of -34.30% over than the figure of -$35.40% in the same quarter last year. There is a high estimate of $122.1M for the next quarter, whereas the lowest estimate is $119.14M.
A total of 8 analysts have provided revenue estimates for ZIP’s current fiscal year. The highest revenue estimate was $645.7M, while the lowest revenue estimate was $634.93M, resulting in an average revenue estimate of $645.72M. In the same quarter a year ago, actual revenue was $904.65M, down -28.60% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $530.37M in the next fiscal year. The high estimate is $578.4M and the low estimate is $487.06M. The average revenue growth estimate for next year is down -17.90% from the average revenue estimate for this year.
