Zacks: 51job, Inc. (JOBS) Receives Consensus Recommendation of “Strong Buy” from Brokerages
Shares of 51job, Inc. (NASDAQ:JOBS) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Zacks has also assigned 51job an industry rank of 29 out of 265 based on the ratings given to its competitors.
A number of equities analysts recently issued reports on the company. TheStreet lowered 51job from a “b” rating to a “c+” rating in a report on Monday, November 13th. Macquarie raised 51job from a “neutral” rating to an “outperform” rating and set a $60.00 price objective for the company in a report on Friday, August 4th.
51job (NASDAQ:JOBS) traded down $0.72 during trading hours on Monday, hitting $57.50. The stock had a trading volume of 408,976 shares, compared to its average volume of 151,204. The company has a market capitalization of $3,666.15, a price-to-earnings ratio of 32.25 and a beta of 1.28. 51job has a 52 week low of $31.25 and a 52 week high of $65.85. The company has a debt-to-equity ratio of 0.31, a current ratio of 4.18 and a quick ratio of 4.18.
A number of hedge funds have recently modified their holdings of JOBS. Wasatch Advisors Inc. lifted its position in 51job by 98.5% in the third quarter. Wasatch Advisors Inc. now owns 1,364,389 shares of the company’s stock worth $82,696,000 after purchasing an additional 677,037 shares during the period. Harding Loevner LP lifted its position in 51job by 11.0% in the second quarter. Harding Loevner LP now owns 4,902,938 shares of the company’s stock worth $219,308,000 after purchasing an additional 485,593 shares during the period. Nordea Investment Management AB acquired a new stake in 51job in the second quarter worth approximately $19,027,000. Acadian Asset Management LLC lifted its position in 51job by 292.5% in the second quarter. Acadian Asset Management LLC now owns 419,773 shares of the company’s stock worth $18,777,000 after purchasing an additional 312,819 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. acquired a new stake in 51job in the second quarter worth approximately $10,571,000. 41.31% of the stock is owned by institutional investors and hedge funds.
51job, Inc is a holding company. The Company is a provider of integrated human resource services in China. The Company focuses on online recruitment advertising. The Company operates over three Websites, including www.51job.com, www.yingjiesheng.com and www.51jingying.com, which are utilized by a base of corporate employers, reach an audience of job seekers and aggregate job information from over 100 cities across China.
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