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Valens Research
  • Valens Research

Valens Credit Weekly Insights - 2024 07 03

Valens Credit Research team highlights ZIP which has a compelling bond offering that we believe the market is currently mispricing, with strong fundamentals, favorable management alignment, and an actionable trade.

Valens Research
  • Valens Research

ZIP - Valens Credit Report - 2024 06 24

Cash bond markets are slightly overstating credit risk with a YTW of 6.137% relative to an Intrinsic YTW of 5.506%, while CDS markets are accurately stating credit risk with a CDS of 82bps relative to an Intrinsic CDS of 77bps. Meanwhile, Moody's is overstating AMKR's fundamental credit risk, with its Ba3 credit rating four notches lower than Valens' IG4+ (Baa2) rating. Incentives Dictate Behavior™ analysis highlights mostly negative signals for credit holders. That said, as a positive, manage...

Valens Research
  • Valens Research

ZIP - Valens Credit Report - 2024 03 18

Credit markets are slightly overstating ZIP's credit risk with a YTW of 7.368% relative to an Intrinsic YTW of 6.737% and an Intrinsic CDS of 265bps. Furthermore, Moody's is materially overstating ZIP's fundamental credit risk with its B1 credit rating six notches below Valens' IG4+ (Baa1) credit rating. Incentives Dictate Behavior™ analysis highlights mixed signals for credit holders. As a positive, most members of management are material owners of ZIP equity relative to their annual compensat...

Valens Research
  • Valens Research

Valens Credit Weekly Insights - 2023 10 18

Valens Credit Research team highlights ZIP, which has a compelling bond offering that we believe the market is currently mispricing, with strong fundamentals, favorable management alignment, and an actionable trade.

Valens Research
  • Valens Research

ZIP - Valens Credit Report - 2023 10 13

Credit markets are materially overstating ZIP's credit risk with a YTW of 9.631% relative to an Intrinsic YTW of 7.191%, with an Intrinsic CDS of 262bps. Furthermore, Moody's is materially overstating ZIP's fundamental credit risk with its B1 credit rating six notches below Valens' IG4+ (Baa1) credit rating. Incentives Dictate Behavior™ analysis highlights mixed signals for credit holders. As a positive, most members of management are material owners of ZIP equity relative to their annual compe...

 PRESS RELEASE

Built In Honors ZipRecruiter in Its Esteemed 2022 Best Places To Work ...

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Built In today announced that ZipRecruiter was honored in its 2022 Best Places To Work Awards. Specifically, ZipRecruiter earned a place on Best Places to Work, Best Paying Companies, and Best Large Companies to Work For in Los Angeles. The annual awards program includes companies of all sizes, from startups to those in the enterprise space, and honors both remote-first employers as well as companies in the eight largest tech markets across the U.S. This press release features multimedia. View the full release here: ZipRecruiter is recognized as a Built ...

 PRESS RELEASE

ZipRecruiter Wins Comparably Awards for Best CEOs, Best Company Cultur...

SANTA MONICA, Calif.--(BUSINESS WIRE)-- ZipRecruiter has once again been honored by Comparably with Best Places to Work Awards in four categories: Best CEOs, Best Company Culture, Best Companies for Women, and Best Companies for Diversity. This press release features multimedia. View the full release here: The Comparably Awards recognize ZipRecruiter for best company culture, best CEOs, best companies for women, and best companies for diversity. (Graphic: Business Wire) “At ZipRecruiter, we know that our team is our greatest asset. We pride ourselves on cultivating an inclusive environment and...

 PRESS RELEASE

ZipRecruiter Launches Integration With Worthi® by Citi to Provide Job ...

LOS ANGELES--(BUSINESS WIRE)-- Today, ZipRecruiter announced a new integration with Worthi® by Citi (), an online skills development tool, to provide job seekers with resources they need to secure their next great career opportunity. With over 20% of people working in the U.S. seriously considering a career switch, job seekers are looking for cost-effective and accessible ways to polish their job skills.¹ Through Worthi’s website, job seekers can understand and acquire the skills needed to transition into a new industry. The free tool provides insight into skills that are in demand based on u...

 PRESS RELEASE

ZipRecruiter Wins Comparably Awards for Best Work-Life Balance and Hap...

SANTA MONICA, Calif.--(BUSINESS WIRE)-- ZipRecruiter has once again been recognized with Comparably awards highlighting the best companies, winning awards for the Best Work-Life Balance and Happiest Employees. This press release features multimedia. View the full release here: ZipRecruiter wins the Comparably Awards for Best Company: Happiness and Best Company: Work-Life Balance (Graphic: Business Wire) “During the course of the pandemic, we’ve seen an unprecedented number of employees throughout the economy leave their jobs due to burnout,” said Renata Dionello, Chief People Officer at ZipRec...

 PRESS RELEASE

ZipRecruiter Partners With Comparably to Give Job Seekers More Informa...

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Today ZipRecruiter announced a new partnership with leading workplace culture and compensation monitoring site Comparably, integrating company reviews, salary information, and more into ZipRecruiter’s company pages. Job seekers can now see anonymous employee reviews of companies, typical salaries by department, and additional information about company culture, diversity, and benefits, when viewing job postings and company pages on ZipRecruiter. This press release features multimedia. View the full release here: Today ZipRecruiter announced a new partners...

 PRESS RELEASE

ZipRecruiter and Facebook Team Up to Connect Job Seekers to Digital Ma...

LOS ANGELES--(BUSINESS WIRE)-- Job seekers who receive credentials through Facebook Blueprint—Facebook’s platform offering online learning courses, training programs, and certifications related to digital marketing—can take advantage of a new ZipRecruiter-powered website to find their next great opportunity. This press release features multimedia. View the full release here: Facebook Blueprint certificates can be uploaded to ZipRecruiter profiles. (Photo: Business Wire) Job seekers can learn about Facebook’s digital certification programs in ZipRecruiter’s Course Catalog (), a curated menu of ...

 PRESS RELEASE

ZipRecruiter Wins Comparably Award for Best Career Growth

SANTA MONICA, Calif.--(BUSINESS WIRE)-- ZipRecruiter has once again been recognized with a Comparably award highlighting the best companies, this time winning the Best Career Growth honor. This press release features multimedia. View the full release here: Comparably’s Best Company “Career Growth” award. (Graphic: Business Wire) “In annual surveys of job seekers and employees nationwide, the number one reason people cite for wanting to switch jobs is that they feel they have no room to grow in their careers. Career growth potential is among the most important aspects of a job to employees, sec...

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