51job (NASDAQ:JOBS) Stock Price Up 5.7%

51job, Inc. (NASDAQ:JOBS)’s share price rose 5.7% on Friday . The company traded as high as $86.60 and last traded at $86.22, approximately 324,084 shares changed hands during trading. An increase of 46% from the average daily volume of 222,700 shares. The stock had previously closed at $81.58.

JOBS has been the subject of a number of research analyst reports. Jefferies Financial Group initiated coverage on 51job in a research report on Wednesday, December 4th. They set a “hold” rating and a $80.00 price objective for the company. TheStreet upgraded 51job from a “c+” rating to a “b-” rating in a research report on Tuesday, September 24th. BidaskClub upgraded 51job from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Morgan Stanley initiated coverage on 51job in a research report on Tuesday. They set an “equal weight” rating and a $70.00 price objective for the company. Four equities 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 an average rating of “Hold” and an average target price of $75.00.

The company has a market cap of $5.56 billion, a PE ratio of 30.15 and a beta of 1.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.06 and a quick ratio of 4.06. The company has a 50-day moving average of $79.46 and a 200 day moving average of $74.86.

51job (NASDAQ:JOBS) last released its quarterly earnings results on Thursday, November 14th. The company reported $0.57 EPS for the quarter. The company had revenue of $138.36 million during the quarter. 51job had a return on equity of 15.46% and a net margin of 28.31%. Equities research analysts expect that 51job, Inc. will post 2.99 EPS for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wealthsource Partners LLC grew its position in 51job by 12.9% in the second quarter. Wealthsource Partners LLC now owns 3,900 shares of the company’s stock worth $294,000 after acquiring an additional 445 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in 51job by 474.2% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 712 shares of the company’s stock worth $54,000 after acquiring an additional 588 shares in the last quarter. NumerixS Investment Technologies Inc purchased a new position in 51job in the second quarter worth about $45,000. Charles Schwab Investment Management Inc. grew its position in 51job by 2.5% in the second quarter. Charles Schwab Investment Management Inc. now owns 29,384 shares of the company’s stock worth $2,219,000 after acquiring an additional 720 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp grew its position in 51job by 10.1% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 10,376 shares of the company’s stock worth $783,000 after acquiring an additional 951 shares in the last quarter. Institutional investors own 47.18% of the company’s stock.

51job Company Profile (NASDAQ:JOBS)

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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