Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for biotechnology industry professionals · Friday, October 22, 2021 · 554,496,694 Articles · 3+ Million Readers

SISM Investors Initiates Coverage on Recruiter.com Group Inc. (NASDAQ: RCRT) With a Buy Rating

Recruiter.com Group Inc. (NASDAQ:RCRT)

Recruiter is at the forefront of revolutionizing recruiting and talent acquisition into a rapid on-demand service and is poised to benefit from a transformational megatrend in the recruiting industry.”
— Ernest C. Schlotter

KLOTEN, ZURICH, SWITZERLAND, September 21, 2021 /EINPresswire.com/ -- Ernest C. Schlotter, a senior analyst with Zurich, Switzerland-based SISM Investors and a four-star analyst according to StarMine, a Thomson Reuters Company, has issued a nine-page report on Recruiter.com (NASDAQ: RCRT) dated September 20, 2021, which includes a 12-month stock target valuation and analyst's rating/recommendation. SISM Investors has arrived at its 12-month target price of $15 by valuing the Company's business at 4.2 times sales as of December 31, 2022. Please click on the link to download the report https://sisminvestors.org/recruiter-com-group-inc/

The research report includes important disclosures, disclaimers, and analyst information. SISM Investors advises investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. SISM Investors further advises that any analyst rating, recommendation, valuation, price target, or opinion should be considered merely a portion of an investor's total investigative process. Important disclosures, disclaimers, and analyst's qualifications can be directly downloaded via the SISM Investors website https://sisminvestors.org/disclaimer/

According to analyst Schlotter's report: "During COVID-19, the traditional hiring process was never more difficult for recruiters and candidates, and it was not easy to adapt to a fully remote experience. Digital transformation has sped up significantly, and the way companies work has fundamentally changed. Continuing significant shifts are underway in the process to leverage technology to drive efficiency for both recruiters and job-seeker alike." In addition, Schlotter added: "There is no question that the way we work has fundamentally changed due to the COVID-19 pandemic. Through software and mechanisms, (AI) and human-like intelligence have accelerated digitization operations by three to four years. Video interview software and AI-powered platforms make hiring up to 90% faster and significantly reduce hiring costs. Recruiter.com expects continued strong growth throughout the second half of 2021 and beyond.

Schlotter added: "Despite the most substantial growth rate of 136.4% year-over-year compared to all our analyzed recruiting and staffing companies, RCRT is currently valued at only 4.2-times last twelve months' revenue at a $50 million market cap. The Company undertakes an aggressive acquisition strategy to secure future solid growth. The recent new acquisitions will prop up revenues in the quarters and years to come. With its worldwide most significant network of recruiters, the Company will revolutionize recruiting and talent acquisition into a rapid on-demand service. On a one-year forward price-to-sales (P/S) ratio of 4.2, we value the Company at roughly $270 million or $16.5 per share. What makes Recruiter a by-own is a stock price that is a relative bargain compared to the recent past and compared to the broader recruiter universe; it's an excellent valuation of a business with so much momentum.

SISM Investors

SISM Investor (https://www.sisminvestors.org/), formerly SISM Research, is a private investment research firm based in Zurich, Switzerland, offering independent, fundamental research on public companies since 1995. SISM Investors publishes research reports on micro- to small-cap companies trading on the Over the Counter (OTC), NASDAQ, and Canadian TSX Stock Exchanges. SISM research coverage platforms are geared toward institutional and individual investors in both North America and Europe.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecasts" "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the impact of the COVID-19 pandemic on the job market and the economy. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statements publicly, whether as a result of new information, future developments or otherwise, except as may be required by law.

Disclosures

SISM Investors has researched and written the above-referenced report without any input, contact, advice, or review from the subject company. Any information has been gathered from public sources of information including, but not limited to press releases, company websites, and SEC filings. Recruites.com paid SISM Investors ("SISM") a retainer fee of two thousand US dollars for continuing coverage of Recruiters.com for four months. Recruiter.com is under contract and is paying SISM an ongoing fee of two thousand US dollars per month over those four months to ensure the continuation of SISM's independent coverage of Recruiter.com. No promise of favorable point of view or opinion was or has been made by SISM or the analyst(s) writing for SISM to Recruiter.com. Further, it is SISM's policy that non of the firms' principals nor of the firm's assigned and/or other writing analysts own or trade shares of any subject companies or subject companies' "competitors." Additional information about Recruiter.com is available via the Company's website (https://www.recruiter.com/)

Ernst Schlotter
SISM Investors
email us here

Powered by EIN Presswire


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release