ZipRecruiter Inc (NYSE:ZIP) price on Thursday, April 10, fall -1.08% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $5.51.
A look at the stock’s price movement, the close in the last trading session was $5.57, moving within a range at $5.4 and $5.75. The beta value (5-Year monthly) was 1.122. Turning to its 52-week performance, $11.52 and $4.74 were the 52-week high and 52-week low respectively. Overall, ZIP moved -5.65% over the past month.
ZipRecruiter Inc’s market cap currently stands at around $542.83 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24.
Analysts have a consensus estimate of 109.09M 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 -10.76% 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 448.52M, representing a -5.37% 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 -5.08% and -13.63% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.37, while 7-day volatility ratio is 10.79% and 7.10% in the 30-day chart. Further, ZipRecruiter Inc (ZIP) has a beta value of 1.12, and an average true range (ATR) of 0.44. 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 -45.19% off current price level while to achieve the yearly target high, price needs to move -154.08%. Nonetheless, investors will most likely welcome a -99.64% 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 1.19 over the past 10 days and 766.84K over the past 3 months. The company’s latest data on shares outstanding shows there are 75.61 million shares.
The 46.19% of ZipRecruiter Inc’s shares are in the hands of company insiders while institutional holders own 53.13% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.94 million on 2025-03-14, giving us a short ratio of 5.94. The data shows that as of 2025-03-14 short interest in ZipRecruiter Inc (ZIP) stood at 1048.99995 of shares outstanding, with shares short rising to 3.38 million registered in 2025-02-14. Current price change has pushed the stock -23.90% 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.
