Shares of ZipRecruiter, Inc. (NYSE:ZIP – Get Free Report) have been assigned an average recommendation of “Reduce” from the four research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating and three have given a hold rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $4.1667.
Several analysts have issued reports on the company. Weiss Ratings raised ZipRecruiter from a “sell (d-)” rating to a “sell (d+)” rating in a report on Thursday, August 6th. UBS Group raised their price objective on ZipRecruiter from $4.00 to $4.50 and gave the stock a “neutral” rating in a research note on Wednesday, July 22nd. Wall Street Zen raised ZipRecruiter from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, The Goldman Sachs Group boosted their price objective on ZipRecruiter from $3.50 to $5.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th.
View Our Latest Research Report on ZipRecruiter
Insiders Place Their Bets
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Militia Capital Management LLC purchased a new stake in ZipRecruiter in the 1st quarter worth $399,000. UBS Group AG lifted its position in shares of ZipRecruiter by 197.4% in the fourth quarter. UBS Group AG now owns 645,157 shares of the company’s stock valued at $2,516,000 after acquiring an additional 428,232 shares in the last quarter. Readystate Asset Management LP purchased a new position in shares of ZipRecruiter in the first quarter valued at about $347,000. Kemnay Advisory Services Inc. bought a new position in shares of ZipRecruiter in the fourth quarter worth about $43,000. Finally, Quarry LP bought a new position in shares of ZipRecruiter in the third quarter worth about $42,000. Hedge funds and other institutional investors own 70.55% of the company’s stock.
ZipRecruiter Price Performance
NYSE:ZIP opened at $4.67 on Friday. ZipRecruiter has a one year low of $1.65 and a one year high of $5.61. The business has a fifty day moving average price of $3.95 and a 200-day moving average price of $3.06. The firm has a market capitalization of $393.86 million, a price-to-earnings ratio of 13.33 and a beta of 1.42.
ZipRecruiter Company Profile
ZipRecruiter, Inc operates an online employment marketplace that connects job seekers and employers. Its platform provides various solutions, such as job posting, online interviews, job alerts, match scores, and application updates. The company was incorporated in 2010 and is based in Santa Monica, California.
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