ZipRecruiter Inc. (NYSE: ZIP) on May 23, 2023, started off the session at the price of $15.99, plunging -0.68% from the previous trading day. During the day, the shares moved up to $16.30 and dropped to $15.88 before settling in for the closing price of $16.06. Within the past 52 weeks, ZIP’s price has moved between $13.68 and $24.05.
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The company achieved an average annual earnings per share of 2.00%. With a float of $52.83 million, this company’s outstanding shares have now reached $104.26 million.
In an organization with 1400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +90.46, operating margin of +10.75, and the pretax margin is +8.19.
ZipRecruiter Inc. (ZIP) Insider Updates
Observing investor behavior towards Staffing & Employment Services industry stocks is more important than anything else. The insider ownership of ZipRecruiter Inc. is 2.50%, while institutional ownership is 92.50%. The most recent insider transaction that took place on May 19, was worth 28,592. In this transaction EVP, Chief Legal Officer of this company sold 1,787 shares at a rate of $16.00, taking the stock ownership to the 80,656 shares. Before that another transaction happened on May 15, when Company’s VP, Accounting & Controller sold 1,528 for $14.87, making the entire transaction worth $22,721. This insider now owns 10,164 shares in total.
ZipRecruiter Inc. (ZIP) Performance Highlights and Predictions
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.05 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.02) by $0.07. This company achieved a net margin of +6.80 while generating a return on equity of 46.66. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.00% per share during the next fiscal year.
ZipRecruiter Inc. (NYSE: ZIP) Trading Performance Indicators
ZipRecruiter Inc. (ZIP) is currently performing well based on its current performance indicators. A quick ratio of 5.50 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.89. Likewise, its price to free cash flow for the trailing twelve months is 14.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.49, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.48 in one year’s time.
Technical Analysis of ZipRecruiter Inc. (ZIP)
Let’s dig in a bit further. During the last 5-days, its volume was 0.79 million. That was inferior than the volume of 0.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.39%. Additionally, its Average True Range was 0.70.
During the past 100 days, ZipRecruiter Inc.’s (ZIP) raw stochastic average was set at 21.89%, which indicates a significant decrease from 45.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.56% in the past 14 days, which was lower than the 54.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.10, while its 200-day Moving Average is $17.25. However, in the short run, ZipRecruiter Inc.’s stock first resistance to watch stands at $16.21. Second resistance stands at $16.46. The third major resistance level sits at $16.63. If the price goes on to break the first support level at $15.79, it is likely to go to the next support level at $15.62. Assuming the price breaks the second support level, the third support level stands at $15.37.
ZipRecruiter Inc. (NYSE: ZIP) Key Stats
Market capitalization of the company is 1.63 billion based on 100,904K outstanding shares. Right now, sales total 904,650 K and income totals 61,490 K. The company made 183,750 K in profit during its latest quarter, and 5,010 K in sales during its previous quarter.
