Wall Street brokerages forecast that 51job, Inc. (NASDAQ:JOBS) will post earnings per share of $0.66 for the current quarter, Zacks reports. Zero analysts have issued estimates for 51job’s earnings. 51job posted earnings of $0.97 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 32%. The firm is expected to report its next quarterly earnings report on Thursday, February 27th.
According to Zacks, analysts expect that 51job will report full year earnings of $2.93 per share for the current fiscal year, with EPS estimates ranging from $2.87 to $2.99. For the next fiscal year, analysts anticipate that the firm will report earnings of $3.27 per share, with EPS estimates ranging from $3.22 to $3.31. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover 51job.
51job (NASDAQ:JOBS) last issued its earnings results on Thursday, November 14th. The company reported $0.57 earnings per share (EPS) for the quarter. 51job had a net margin of 28.31% and a return on equity of 15.46%. The company had revenue of $138.36 million for the quarter.
Several analysts have commented on JOBS shares. Jefferies Financial Group started coverage on shares of 51job in a research report on Wednesday, December 4th. They set a “hold” rating and a $80.00 price target for the company. TheStreet raised shares of 51job from a “c+” rating to a “b-” rating in a research report on Tuesday, September 24th. BidaskClub raised shares of 51job from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Finally, Morgan Stanley started coverage on shares of 51job in a research report on Tuesday, December 10th. They set an “equal weight” rating and a $70.00 price target for the company. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $75.00.
51job stock traded up $1.10 during midday trading on Friday, hitting $90.95. 2,007 shares of the company’s stock were exchanged, compared to its average volume of 119,971. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.06 and a current ratio of 4.06. 51job has a 12 month low of $59.36 and a 12 month high of $97.08. The firm has a 50-day moving average of $85.02 and a two-hundred day moving average of $77.48. The company has a market cap of $5.96 billion, a PE ratio of 31.71 and a beta of 1.51.
Several hedge funds have recently added to or reduced their stakes in the business. NumerixS Investment Technologies Inc purchased a new position in 51job during the 2nd quarter worth approximately $45,000. Charles Schwab Investment Management Inc. grew its stake in shares of 51job by 2.5% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 29,384 shares of the company’s stock worth $2,219,000 after purchasing an additional 720 shares during the period. KCS Wealth Advisory grew its stake in shares of 51job by 15.9% during the 4th quarter. KCS Wealth Advisory now owns 8,655 shares of the company’s stock worth $735,000 after purchasing an additional 1,190 shares during the period. Jane Street Group LLC grew its stake in shares of 51job by 27.9% during the 2nd quarter. Jane Street Group LLC now owns 6,446 shares of the company’s stock worth $487,000 after purchasing an additional 1,408 shares during the period. Finally, Asset Management One Co. Ltd. grew its stake in shares of 51job by 19.7% during the 2nd quarter. Asset Management One Co. Ltd. now owns 9,769 shares of the company’s stock worth $737,000 after purchasing an additional 1,611 shares during the period. 47.18% of the stock is owned by institutional investors and hedge funds.
51job Company Profile
51job, Inc, through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company offers 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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