Forecasting The Future: 4 Analyst Projections For ZipRecruiter
ZipRecruiter (NYSE:ZIP) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 1 | 3 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $12.38, a high estimate of $14.00, and a low estimate of $11.00. A decline of 13.12% from the prior average price target is evident in the current average.
Interpreting Analyst Ratings: A Closer Look
The standing of ZipRecruiter among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Kunal Madhukar | UBS | Lowers | Neutral | $11.00 | $13.00 |
| Eric Sheridan | Goldman Sachs | Lowers | Neutral | $11.50 | $15.00 |
| Trevor Young | Barclays | Lowers | Overweight | $14.00 | $15.00 |
| Kunal Madhukar | UBS | Lowers | Neutral | $13.00 | $14.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to ZipRecruiter. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of ZipRecruiter compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for ZipRecruiter's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into ZipRecruiter's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
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About ZipRecruiter
ZipRecruiter Inc is an online employment marketplace. It was founded to make meaningful connections between job seekers and employers. It connects millions of job seekers with companies of all sizes. It is a two-sided marketplace for work that simplifies the job market for both job seekers and employers. Unlike traditional online job sites, ZipRecruiter works like a matchmaker curating job opportunities for job seekers, and candidates for employers.
Financial Milestones: ZipRecruiter's Journey
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: ZipRecruiter's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -33.48%. This indicates a decrease in the company's top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: ZipRecruiter's net margin excels beyond industry benchmarks, reaching -5.32%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): ZipRecruiter's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -61.91%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): ZipRecruiter's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.98% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: ZipRecruiter's debt-to-equity ratio stands notably higher than the industry average, reaching 43.95. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
What Are Analyst Ratings?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.