Recruit (OTCMKTS:RCRUY) Posts Quarterly Earnings Results

Recruit (OTCMKTS:RCRUY) posted its quarterly earnings results on Wednesday. The company reported $0.19 earnings per share for the quarter, Zacks reports. Recruit had a return on equity of 35.54% and a net margin of 14.94%. The company had revenue of $6.88 billion for the quarter, compared to the consensus estimate of $6.62 billion.

Recruit Stock Performance

Shares of OTCMKTS RCRUY opened at $23.60 on Thursday. The firm’s 50 day moving average price is $22.26 and its 200-day moving average price is $14.87. Recruit has a 52-week low of $7.57 and a 52-week high of $24.84. The company has a market cap of $173.76 billion, a PE ratio of 43.40 and a beta of 1.79.

Wall Street Analysts Forecast Growth

RCRUY has been the subject of a number of recent research reports. Zacks Research cut Recruit from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Erste Group Bank raised Recruit to a “strong-buy” rating in a research note on Wednesday, October 21st. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

About Recruit

Recruit Holdings Co., Ltd. is a Japan-based technology and services company that connects people with jobs and helps businesses find workers and customers. Its operations include online recruitment platforms, staffing services and digital platforms that match consumers with businesses. The company operates Indeed and Glassdoor, which provide job search, recruitment and workplace information services. In Japan, its platforms serve areas such as housing, travel, beauty, dining and automotive services, while its staffing business provides recruitment and temporary staffing services.