Notable Mover: What’s in 51job, Inc. (ADR) After Making 52-Week High?

Notable Mover: What's in 51job, Inc. (ADR) After Making 52 Week High?

The stock of 51job, Inc. (ADR) (NASDAQ:JOBS) hit a new 52-week high and has $37.52 target or 6.00% above today’s $35.40 share price. The 8 months bullish chart indicates low risk for the $2.15 billion company. The 1-year high was reported on Nov, 28 by Barchart.com. If the $37.52 price target is reached, the company will be worth $129.00M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 82,582 shares traded hands or 80.55% up from the average. 51job, Inc. (ADR) (NASDAQ:JOBS) has risen 11.98% since April 25, 2016 and is uptrending. It has outperformed by 5.97% the S&P500.

Analysts await 51job, Inc. (ADR) (NASDAQ:JOBS) to report earnings on March, 1. They expect $0.48 EPS, up 14.29% or $0.06 from last year’s $0.42 per share. JOBS’s profit will be $29.18M for 18.51 P/E if the $0.48 EPS becomes a reality. After $0.39 actual EPS reported by 51job, Inc. (ADR) for the previous quarter, Wall Street now forecasts 23.08% 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 stock of 51job, Inc. (ADR) (NASDAQ:JOBS) has “Neutral” rating given on Wednesday, August 12 by Macquarie Research. As per Thursday, November 12, the company rating was downgraded by Citigroup.

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 important recent 51job, Inc. (ADR) (NASDAQ:JOBS) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on August 20, 2010, also Benzinga.com published article titled: “7 Stocks With Three-Day Increasing Volume”, Seekingalpha.com published: “Assessing Chinese ADR Financial Statements” on February 29, 2012. More interesting news about 51job, Inc. (ADR) (NASDAQ:JOBS) was released by: Bloomberg.com and their article: “Delisting Trumps IPOs as Valuations Fall: China Overnight” with publication date: July 07, 2013.

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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