The company is so far trading up by 1.53% since yesterday’s close of $46.18. It is currently trading at $46.88 barely above the 50 day moving average which is $44.22 and a tad above the 200 day moving average of $38.46. The 50 day moving average was up by +6.6392% and the 200 day average was up $8.71.
Investors are more bearish on shares of 51job, Inc. – American Deposita lately if you evaluate the uptick in short interest. The firm realized a rise in short interest from June 15, 2017 to May 31, 2017 of 7.25%. Short interest grew 68,753 over that timeframe. The days to cover increased to 4.7 and the percentage of shorted shares is 0.02% as of May 31.
51job, Inc., incorporated in March 1, 2000, is a holding company. The Company is a provider of integrated human resource services in China. The Company 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 Company 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..
The following firms have also recently changed their position in JOBS. As of quarter end Schroder Investment Management Group had disposed of a total of 94,526 shares trimming its position 9.6%. The value of the investment in (JOBS) went from $33,304,000 to $32,300,000 a change of $1,004,000 for the reporting period. Goldman Sachs Group Inc bolstered its investment by buying 1,947 shares an increase of 8.6% in the quarter. Goldman Sachs Group Inc now holds 24,691 shares valued at $905,000. The value of the position overall is up by 17.7%.
As of the end of the quarter Macquarie Group Ltd had bought 34,300 shares growing its holdings by 48.2%. The value of the total investment in 51job, Inc. – American Deposita increased from $2,407,000 to $3,868,000 increasing 60.7% quarter over quarter. Credit Suisse AG/ augmented its holdings by buying 728,975 shares an increase of 51,084.4% from 12/31/2016 to 03/31/2017. Credit Suisse AG/ controls 730,402 shares worth $26,777,000. The total value of its holdings increased 55,685.4%.
On November 12 the company was rated “Neutral” in a report from Citigroup which is down from the previous “Buy” rating. On August 12 Macquarie maintained a stock rating of “Neutral” and moved down the price target from $33.00 to $31.00.
On June 19, 2015 Citigroup released its first research report on the stock with an initial rating of “Buy” and setting a price target of $40.60. November 11 investment analysts at Macquarie held the company rating at “Neutral” but lowered the price expectation to $36.00 from $38.00.
August 13 investment analysts at Macquarie made no change to the company rating of “Neutral” but lowered the price target from $84.00 to $38.00. On May 9 the company was downgraded from “Outperform” to “Market Perform” by William Blair.
The P/E ratio is currently 29.2738 and the market cap is 2.88B. In the last earnings report the EPS was $1.61 and is expected to be $2.04 for the current year with 61,167,000 shares now outstanding. Next quarter’s EPS is estimated at $0.43 and the next full year EPS is projected to be $2.27.