The stock of 51job, Inc. (ADR) (NASDAQ:JOBS) is a huge mover today! The stock decreased 3.27% or $1.13 during the last trading session, hitting $33.38. About 103,604 shares traded hands or 13.08% up from the average. 51job, Inc. (ADR) (NASDAQ:JOBS) has risen 20.07% since February 29, 2016 and is uptrending. It has outperformed by 9.65% the S&P500.
The move comes after 9 months negative chart setup for the $1.98 billion company. It was reported on Oct, 1 by Barchart.com. We have $31.71 PT which if reached, will make NASDAQ:JOBS worth $99.00M less.
Analysts await 51job, Inc. (ADR) (NASDAQ:JOBS) to report earnings on November, 8. They expect $0.39 earnings per share, up 30.00% or $0.09 from last year’s $0.3 per share. JOBS’s profit will be $23.13 million for 21.40 P/E if the $0.39 EPS becomes a reality. After $0.43 actual earnings per share reported by 51job, Inc. (ADR) for the previous quarter, Wall Street now forecasts -9.30% negative EPS growth.
51job, Inc. (ADR) (NASDAQ:JOBS) Ratings Coverage
Out of 2 analysts covering 51job (NASDAQ:JOBS), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. 51job has been the topic of 2 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The rating was downgraded by Citigroup to “Neutral” on Thursday, November 12. The rating was maintained by Macquarie Research with “Neutral” on Wednesday, August 12.
According to Zacks Investment Research, “51JOB, INC. is a leading provider of integrated human resource services in China with a strong focus on recruitment related services. Offering a broad array of products and services, 51job connects millions of job seekers with employment opportunities and streamlines the recruitment process and human resource administration for tens of thousands of companies in China. Through print advertisements in 51job Weekly and online recruitment services at http://www.51job.com, both domestic Chinese employers and multinational companies alike are able to attract, identify and recruit new employees. 51job also provides executive search services and a number of other value-added human resource services, including training, business process outsourcing and salary surveys.”
More recent 51job, Inc. (ADR) (NASDAQ:JOBS) news were published by: Seekingalpha.com which released: “Assessing Chinese ADR Financial Statements” on February 29, 2012. Also Bloomberg.com published the news titled: “Delisting Trumps IPOs as Valuations Fall: China Overnight” on July 07, 2013. Quotes.Wsj.com‘s news article titled: “DOW JONES, A NEWS CORP COMPANY” with publication date: June 07, 2014 was also an interesting one.
JOBS Company Profile
51job, Inc., incorporated in March 1, 2000, is a holding company. The Firm is a well-known provider of integrated human resource services in China. The Firm focuses on online recruitment advertising, and 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. The Firm provides a range of human resource services in the categories, such as recruitment advertising services, including online recruitment services, and other human resource related services, including business process outsourcing, training, campus recruitment and executive search services.
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