A number of other research firms have also recently issued reports on JOBS. Morgan Stanley initiated coverage on 51job in a research note on Tuesday. They set an “equal weight” rating and a $70.00 target price for the company. TheStreet raised 51job from a “c+” rating to a “b-” rating in a research note on Tuesday, September 24th. Finally, Jefferies Financial Group initiated coverage on 51job in a research note on Wednesday, December 4th. They set a “hold” rating and a $80.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $75.00.
Shares of JOBS stock traded up $1.43 on Wednesday, reaching $83.01. The company had a trading volume of 2,280 shares, compared to its average volume of 159,804. The company has a current ratio of 4.06, a quick ratio of 4.06 and a debt-to-equity ratio of 0.01. The stock has a market cap of $5.56 billion, a PE ratio of 29.19 and a beta of 1.50. The company has a 50-day moving average of $79.24 and a 200-day moving average of $74.77. 51job has a 12 month low of $57.06 and a 12 month high of $97.08.
51job (NASDAQ:JOBS) last posted its earnings results on Thursday, November 14th. The company reported $0.57 earnings per share (EPS) for the quarter. 51job had a return on equity of 15.46% and a net margin of 28.31%. The business had revenue of $138.36 million during the quarter. Sell-side analysts anticipate that 51job will post 2.99 earnings per share for the current year.
A number of large investors have recently added to or reduced their stakes in JOBS. NumerixS Investment Technologies Inc acquired a new position in 51job during the 2nd quarter worth approximately $45,000. Migdal Insurance & Financial Holdings Ltd. boosted its position in 51job by 474.2% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 712 shares of the company’s stock worth $54,000 after acquiring an additional 588 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. acquired a new position in 51job during the 2nd quarter worth approximately $124,000. Exane Derivatives acquired a new position in 51job during the 3rd quarter worth approximately $218,000. Finally, Voya Investment Management LLC acquired a new position in 51job during the 3rd quarter worth approximately $253,000. 47.18% of the stock is owned by hedge funds and other institutional investors.
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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