At the time of writing, ZipRecruiter Inc [ZIP] stock is trading at $11.10, up 11.78%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ZIP shares have gain 19.74% over the last week, with a monthly amount glided 16.72%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Goldman downgraded its rating to Neutral on January 19, 2024, and kept the price target unchanged to $15. On November 20, 2023, Wells Fargo initiated with a Overweight rating and assigned a price target of $15 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $13 on October 04, 2023. Evercore ISI downgraded its rating to a In-line and reduced its price target to $18 on August 09, 2023. In a note dated February 22, 2023, Raymond James downgraded an Outperform rating on this stock but restated the target price of $26.
For the past year, the stock price of ZipRecruiter Inc fluctuated between $7.21 and $15.35. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. ZipRecruiter Inc [NYSE: ZIP] shares were valued at $11.10 at the most recent close of the market. An investor can expect a potential drop of -0.9% based on the average ZIP price forecast.
Analyzing the ZIP fundamentals
According to ZipRecruiter Inc [NYSE:ZIP], the company’s sales were 498.90M for trailing twelve months, which represents an -24.77% plunge. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.24 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of40.75.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.32 points at the first support level, and at 9.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.50, and for the 2nd resistance point, it is at 11.91.
Ratios To Look Out For
It is important to note that ZipRecruiter Inc [NYSE:ZIP] has a current ratio of 7.35. In addition, the Quick Ratio stands at 7.35 and the Cash Ratio stands at 3.07. Considering the valuation of this stock, the price to sales ratio is 2.21, the price to book ratio is 79.79 and price to earnings (TTM) ratio is 359.22.
Transactions by insiders
Recent insider trading involved SAKAMOTO RYAN T., EVP, CHIEF LEGAL OFFICER, that happened on Oct 21 ’24 when 1489.0 shares were sold. EVP & CHIEF FINANCIAL OFFICER, YARBROUGH TIMOTHY G. completed a deal on Oct 21 ’24 to sell 6013.0 shares. Meanwhile, Officer RYAN SAKAMOTO bought 1489.0 shares on Oct 21 ’24.
