In a report released today, Justin Patterson from KeyBanc maintained a Hold rating on ZipRecruiter (ZIP – Research Report). The company’s shares closed yesterday at $9.81.
According to TipRanks, Patterson is a 4-star analyst with an average return of 7.5% and a 48.73% success rate. Patterson covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Match Group, and NerdWallet, Inc. Class A.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ZipRecruiter with a $13.50 average price target, a 37.61% upside from current levels. In a report released on May 10, Goldman Sachs also reiterated a Hold rating on the stock with a $11.50 price target.
Based on ZipRecruiter’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $155.63 million and a net profit of $24.08 million. In comparison, last year the company earned a revenue of $226.97 million and had a net profit of $20.56 million
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ZipRecruiter (ZIP) Company Description:
ZipRecruiter Inc is a 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.
Read More on ZIP:
- ZipRecruiter price target lowered to $14 from $15 at Barclays
- ZipRecruiter Encourages Monitoring Channels for Key Updates
- ZipRecruiter sees Q2 revenue $114M-$120M, consensus $127.19M
- ZipRecruiter reports Q1 revenue $122.2M, consensus $121.0M
- ZipRecruiter COO Qasim Saifee Announces Amicable Departure
