Zacks: 51job, Inc. (JOBS) Given Average Rating of “Strong Buy” by Brokerages

Shares of 51job, Inc. (NASDAQ:JOBS) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

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

Separately, BidaskClub downgraded shares of 51job from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 31st.

JOBS traded down $1.22 during trading on Monday, hitting $74.02. 196,141 shares of the stock traded hands, compared to its average volume of 313,800. 51job has a twelve month low of $56.22 and a twelve month high of $114.63. The company has a market cap of $4.65 billion, a P/E ratio of 35.08 and a beta of 1.06.

51job (NASDAQ:JOBS) last announced its quarterly earnings data on Thursday, August 2nd. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.62 by $0.20. 51job had a net margin of 13.09% and a return on equity of 18.29%. The business had revenue of $135.34 million during the quarter.

Several hedge funds and other institutional investors have recently bought and sold shares of JOBS. Commonwealth Bank of Australia grew its stake in shares of 51job by 468.7% during the second quarter. Commonwealth Bank of Australia now owns 2,053 shares of the company’s stock worth $191,000 after buying an additional 1,692 shares during the last quarter. Mount Yale Investment Advisors LLC bought a new stake in shares of 51job during the second quarter worth $224,000. Virginia Retirement Systems ET AL bought a new stake in shares of 51job during the first quarter worth $258,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. bought a new stake in shares of 51job during the second quarter worth $261,000. Finally, Atria Investments LLC bought a new stake in shares of 51job during the second quarter worth $297,000. 41.76% of the stock is currently owned by hedge funds and other institutional investors.

51job Company Profile

51job, Inc, through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company offers recruitment advertising services, including 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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