Recruit (OTCMKTS:RCRUY) Posts Quarterly Earnings Results

Recruit (OTCMKTS:RCRUY) posted its earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, Zacks reports. Recruit had a net margin of 16.30% and a return on equity of 39.26%. The firm had revenue of $6.88 billion during the quarter, compared to analysts’ expectations of $6.62 billion.

Recruit Stock Performance

Shares of RCRUY traded up $0.86 during trading hours on Friday, hitting $22.02. 6,936,203 shares of the stock were exchanged, compared to its average volume of 1,002,736. Recruit has a 12-month low of $7.57 and a 12-month high of $24.84. The company has a market cap of $162.12 billion, a price-to-earnings ratio of 37.32 and a beta of 1.79. The stock’s 50-day moving average price is $22.27 and its two-hundred day moving average price is $14.93.

Wall Street Analyst Weigh In

RCRUY has been the subject of a number of research analyst reports. Erste Group Bank upgraded shares of Recruit to a “strong-buy” rating in a research report on Wednesday, October 21st. Zacks Research lowered shares of Recruit from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently 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.