51job, Inc. (NASDAQ:JOBS) Given Average Recommendation of “Hold” by Brokerages

Shares of 51job, Inc. (NASDAQ:JOBS) have received an average broker rating score of 3.00 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold rating.

Zacks has also assigned 51job an industry rank of 107 out of 255 based on the ratings given to related companies.

JOBS has been the topic of several analyst reports. BidaskClub upgraded shares of 51job from a “hold” rating to a “buy” rating in a research note on Saturday, October 12th. TheStreet upgraded shares of 51job from a “c+” rating to a “b-” rating in a research note on Tuesday, September 24th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in JOBS. Coronation Fund Managers Ltd. lifted its stake in shares of 51job by 2,665.4% during the 2nd quarter. Coronation Fund Managers Ltd. now owns 450,738 shares of the company’s stock valued at $34,031,000 after buying an additional 434,439 shares in the last quarter. Morgan Stanley lifted its stake in shares of 51job by 31.7% during the 2nd quarter. Morgan Stanley now owns 1,761,720 shares of the company’s stock valued at $133,010,000 after buying an additional 424,030 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of 51job by 9.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,611,917 shares of the company’s stock valued at $267,282,000 after buying an additional 326,740 shares in the last quarter. Commonwealth Bank of Australia lifted its stake in shares of 51job by 27.5% during the 2nd quarter. Commonwealth Bank of Australia now owns 1,390,547 shares of the company’s stock valued at $104,982,000 after buying an additional 300,341 shares in the last quarter. Finally, Natixis purchased a new position in shares of 51job during the 2nd quarter valued at $22,004,000. Institutional investors own 44.95% of the company’s stock.

JOBS traded up $0.99 on Tuesday, hitting $81.13. The company had a trading volume of 73,900 shares, compared to its average volume of 228,062. The stock has a fifty day simple moving average of $76.49 and a 200-day simple moving average of $75.34. The firm has a market capitalization of $5.25 billion, a P/E ratio of 25.20 and a beta of 1.56. 51job has a 52-week low of $57.06 and a 52-week high of $97.08. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.10 and a quick ratio of 4.10.

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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