ZipRecruiter (ZIP) Stock: $30 Price Target And Overweight Rating

By Amit Chowdhry ● May 12, 2022
  • The shares of ZipRecruiter (NYSE: ZIP) have received a $30 price target from Barclays. These are the details.

The shares of ZipRecruiter (NYSE: ZIP) have received a $30 price target from Barclays. And Barclays analyst Trevor Young is maintaining an “Overweight” rating on the shares.

Young adjusted the rating following the company’s first-quarter results. ZipRecruiter reported a Q1 EPS of $0.07, which was $0.07 higher than analyst estimates of $0. And the revenue for the quarter was $227 million compared to the consensus estimate of $220.95 million.

In terms of guidance, ZipRecruiter expects Q2 2022 revenue of between $231 million and $257 million, compared to the consensus of $224.65 million. And ZipRecruiter expects FY2022 revenue of between $908 million and $922 million, compared to the consensus of $892.98 million.

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