Recruit (OTCMKTS:RCRUY) Posts Earnings Results

Recruit (OTCMKTS:RCRUY) announced its quarterly earnings results on Friday. The company reported $0.18 EPS for the quarter, Zacks reports. The company had revenue of $6.56 billion during the quarter, compared to analyst estimates of $6.19 billion. Recruit had a return on equity of 32.62% and a net margin of 13.47%.

Recruit Stock Performance

Shares of RCRUY traded up $3.22 on Friday, reaching $19.41. The stock had a trading volume of 223,370 shares, compared to its average volume of 786,179. Recruit has a 12-month low of $7.57 and a 12-month high of $19.95. The firm has a market capitalization of $142.91 billion, a price-to-earnings ratio of 21.10 and a beta of 1.70. The company has a 50-day simple moving average of $14.73 and a 200-day simple moving average of $11.32.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Recruit from a “hold” rating to a “strong-buy” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

About Recruit

Recruit Holdings Co, Ltd. (OTCMKTS: RCRUY) is a Japan-based provider of human resources and information services that operates a diversified portfolio of staffing, recruitment and consumer-facing platforms. Headquartered in Tokyo, the company builds and runs digital marketplaces and service businesses that connect employers with job seekers, support corporate HR functions, and offer related marketing and consumer services in areas such as lifestyle and local search.

The company’s principal activities include online job search and employer branding platforms, temporary and permanent staffing, recruitment process outsourcing, and HR technology solutions.