51job (JOBS) Cut to “Hold” at BidaskClub

BidaskClub cut shares of 51job (NASDAQ:JOBS) from a buy rating to a hold rating in a report issued on Saturday morning, BidAskClub reports.

Other equities analysts have also issued research reports about the stock. Citigroup lowered shares of 51job from a buy rating to a neutral rating in a research report on Monday, May 13th. Macquarie lowered shares of 51job from an outperform rating to a neutral rating in a research report on Friday, March 1st.

NASDAQ:JOBS opened at $71.60 on Friday. 51job has a 12 month low of $52.15 and a 12 month high of $114.63. The company has a market capitalization of $4.51 billion, a PE ratio of 22.75 and a beta of 1.29. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.30 and a current ratio of 2.19.

51job (NASDAQ:JOBS) last released its quarterly earnings results on Thursday, February 28th. The company reported $0.92 EPS for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.25. 51job had a net margin of 37.97% and a return on equity of 20.11%. The company had revenue of $162.97 million for the quarter.

Several large investors have recently added to or reduced their stakes in JOBS. Citigroup Inc. increased its position in 51job by 313.1% during the fourth quarter. Citigroup Inc. now owns 20,436 shares of the company’s stock worth $1,276,000 after acquiring an additional 15,489 shares during the period. Massachusetts Financial Services Co. MA increased its position in 51job by 228.2% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,701,637 shares of the company’s stock worth $106,251,000 after acquiring an additional 1,183,103 shares during the period. Fiera Capital Corp increased its position in 51job by 38.7% during the fourth quarter. Fiera Capital Corp now owns 270,400 shares of the company’s stock worth $16,884,000 after acquiring an additional 75,400 shares during the period. Sycomore Asset Management increased its position in 51job by 41.9% during the first quarter. Sycomore Asset Management now owns 14,385 shares of the company’s stock worth $1,120,000 after acquiring an additional 4,250 shares during the period. Finally, Vanguard Group Inc. increased its position in 51job by 3.9% during the third quarter. Vanguard Group Inc. now owns 788,327 shares of the company’s stock worth $60,694,000 after acquiring an additional 29,563 shares during the period. 43.03% of the stock is currently owned by 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 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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