Zacks: 51job, Inc. (NASDAQ:JOBS) Given Average Recommendation of “Hold” by Brokerages

Shares of 51job, Inc. (NASDAQ:JOBS) have received an average broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a hold rating.

Zacks has also assigned 51job an industry rank of 255 out of 255 based on the ratings given to related companies.

JOBS has been the topic of several analyst reports. TheStreet raised shares of 51job from a “c+” rating to a “b-” rating in a report on Tuesday, September 24th. BidaskClub upgraded shares of 51job from a “sell” rating to a “hold” rating in a research report on Saturday, August 17th.

NASDAQ:JOBS traded up $1.27 during trading hours on Thursday, hitting $78.01. 102,356 shares of the stock traded hands, compared to its average volume of 149,484. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.01. 51job has a 1 year low of $52.15 and a 1 year high of $97.08. The company has a market cap of $4.99 billion, a price-to-earnings ratio of 23.95 and a beta of 1.56. The stock has a 50 day moving average price of $71.48 and a 200 day moving average price of $76.15.

51job (NASDAQ:JOBS) last issued its quarterly earnings results on Monday, August 5th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.21. 51job had a net margin of 40.82% and a return on equity of 17.75%. The business had revenue of $140.36 million for the quarter.

Several institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley raised its position in shares of 51job by 31.7% during the second quarter. Morgan Stanley now owns 1,761,720 shares of the company’s stock valued at $133,010,000 after buying an additional 424,030 shares during the last quarter. Commonwealth Bank of Australia raised its position in shares of 51job by 27.5% during the second quarter. Commonwealth Bank of Australia now owns 1,390,547 shares of the company’s stock valued at $104,982,000 after buying an additional 300,341 shares during the last quarter. Nordea Investment Management AB raised its position in shares of 51job by 142.2% during the first quarter. Nordea Investment Management AB now owns 891,546 shares of the company’s stock valued at $69,434,000 after buying an additional 523,509 shares during the last quarter. Coronation Fund Managers Ltd. raised its position in shares of 51job by 2,665.4% during the second quarter. Coronation Fund Managers Ltd. now owns 450,738 shares of the company’s stock valued at $34,031,000 after buying an additional 434,439 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of 51job by 17.0% during the second quarter. Bank of New York Mellon Corp now owns 434,033 shares of the company’s stock valued at $32,769,000 after buying an additional 63,091 shares during the last quarter. Hedge funds and other institutional investors own 44.92% of the company’s stock.

51job Company Profile

51job, Inc, through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company offers online recruitment services through its Websites comprising 51job.com, yingjiesheng.com, 51jingying.com, and lagou.com; and mobile applications that enable job seekers to access their accounts through mobile devices and utilize functions available on their Websites.

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