ZipRealty, Inc. (ZIPR)

[chmcnfunds]

ZipRealty Now Covered by Analysts at Sidoti (ZIPR)

Posted by Alphonse Anthony on Apr 23rd, 2014

ZipRealty logoStock analysts at Sidoti started coverage on shares of ZipRealty (NASDAQ:ZIPR) in a report issued on Wednesday, Analyst RN reports. The firm set a “neutral” rating on the stock.

ZipRealty (NASDAQ:ZIPR) traded down 1.20% on Wednesday, hitting $3.30. 10,100 shares of the company’s stock traded hands. ZipRealty has a one year low of $2.67 and a one year high of $7.07. The stock has a 50-day moving average of $3.41 and a 200-day moving average of $4.8. The company’s market cap is $71.4 million.

ZipRealty (NASDAQ:ZIPR) last posted its quarterly earnings results on Monday, March 3rd. The company reported ($0.17) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.15) by $0.02. The company had revenue of $17.00 million for the quarter, compared to the consensus estimate of $16.87 million. ZipRealty’s revenue was down 4.0% compared to the same quarter last year. Analysts expect that ZipRealty will post $-0.19 EPS for the current fiscal year.

Separately, analysts at Lake Street Capital initiated coverage on shares of ZipRealty in a research note on Tuesday, February 4th. They set a “buy” rating and a $8.00 price target on the stock.
ZipRealty, Inc is a full-service residential real estate brokerage firm. The Company’s Websiteprovides users with access to local multiple listing services (NASDAQ:ZIPR) home listings data, as well as other relevant market and neighborhood information.
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http://zolmax.com/investing/ziprealty-now-covered-by-analysts-at-sidoti-zipr/250988/

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