ZipRecruiter Inc (NYSE: ZIP) is -20.14% lower on its value in year-to-date trading and has touched a low of $7.21 and a high of $15.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZIP stock was last observed hovering at around $9.93 in the last trading session, with the day’s gains setting it 1.17%.
Currently trading at $11.10, the stock is 15.91% and 16.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 11.78% at the moment leaves the stock 7.38% off its SMA200. ZIP registered -4.80% loss for a year compared to 6-month loss of 2.68%. The firm has a 50-day simple moving average (SMA 50) of $9.4858 and a 200-day simple moving average (SMA200) of $10.3553.
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The stock witnessed a 16.72% gain in the last 1 month and extending the period to 3 months gives it a 42.49%, and is 19.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.38% over the week and 4.06% over the month.
ZipRecruiter Inc (ZIP) has around 1000 employees, a market worth around $1.10B and $498.90M in sales. Current P/E ratio is 359.22. Profit margin for the company is 0.72%. Distance from 52-week low is 53.95% and -27.69% from its 52-week high. The company has generated returns on investments over the last 12 months (0.63%).
The EPS is expected to shrink by -133.16% this year
211.0 institutions hold shares in ZipRecruiter Inc (ZIP), with institutional investors hold 86.02% of the company’s shares. The shares outstanding are 76.17M, and float is at 63.49M with Short Float at 6.16%. Institutions hold 79.71% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.0 million shares valued at $72.74 million. The investor’s holdings represent 8.0862 of the ZIP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.96 million shares valued at $72.34 million to account for 8.0418 of the shares outstanding. The other top investors are INSTITUTIONAL VENTURE MANAGEMENT XV, LLC which holds 7.59 million shares representing 7.6723 and valued at over $69.02 million, while ARROWMARK COLORADO HOLDINGS LLC holds 5.9848 of the shares totaling 5.92 million with a market value of $53.84 million.
ZipRecruiter Inc (ZIP) Insider Activity
The most recent transaction is an insider sale by SAKAMOTO RYAN T., the company’s EVP, CHIEF LEGAL OFFICER. SEC filings show that SAKAMOTO RYAN T. sold 1,489 shares of the company’s common stock on Oct 21 ’24 at a price of $9.63 per share for a total of $14332.0. Following the sale, the insider now owns 0.11 million shares.
ZipRecruiter Inc disclosed in a document filed with the SEC on Oct 21 ’24 that YARBROUGH TIMOTHY G. (EVP & CHIEF FINANCIAL OFFICER) sold a total of 6,013 shares of the company’s common stock. The trade occurred on Oct 21 ’24 and was made at $9.62 per share for $57870.0. Following the transaction, the insider now directly holds 0.14 million shares of the ZIP stock.
Still, SEC filings show that on Oct 21 ’24, RYAN SAKAMOTO (Officer) Proposed Sale 1,489 shares at an average price of $9.84 for $14652.0. The insider now directly holds shares of ZipRecruiter Inc (ZIP).
