ZipRecruiter Inc (NYSE:ZIP) price on current trading day, rose 4.01% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.96.
A look at the stock’s price movement, the close in the last trading session was $5.73, moving within a range at $5.6302 and $6.02. The beta value (5-Year monthly) was 1.221. Turning to its 52-week performance, $12.19 and $5.26 were the 52-week high and 52-week low respectively. Overall, ZIP moved -19.57% over the past month.
ZipRecruiter Inc’s market cap currently stands at around $587.16 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24.
Analysts have a consensus estimate of 109.37M for the company’s revenue for the quarter, with a low and high estimate of 107.41M and 111.2M respectively. The average forecast suggests down to a -10.53% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 452.04M, representing a -4.63% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ZIP is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 2 recommend ZIP as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ZIP’s current price about -0.57% and -11.82% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.90, while 7-day volatility ratio is 6.32% and 8.18% in the 30-day chart. Further, ZipRecruiter Inc (ZIP) has a beta value of 1.14, and an average true range (ATR) of 0.41. Analysts have given the company’s stock an average 52-week price target of $11, forecast between a low of $8 and high of $14. Looking at the price targets, the low is -34.23% off current price level while to achieve the yearly target high, price needs to move -134.9%. Nonetheless, investors will most likely welcome a -84.56% jump to $11 which is the analysts’ median price.
If we refocus on ZipRecruiter Inc (NYSE:ZIP), historical trading data shows that trading volumes averaged 0.94 over the past 10 days and 578.94K over the past 3 months. The company’s latest data on shares outstanding shows there are 75.61 million shares.
The 46.12% of ZipRecruiter Inc’s shares are in the hands of company insiders while institutional holders own 53.20% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.84 million on 2025-02-28, giving us a short ratio of 6.27. The data shows that as of 2025-02-28 short interest in ZipRecruiter Inc (ZIP) stood at 814.99994 of shares outstanding, with shares short rising to 3.12 million registered in 2025-01-31. Current price change has pushed the stock -17.68% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ZIP stock continues to rise going into the next quarter.
