Recruit (OTCMKTS:RCRUY) Raised to Strong-Buy at Erste Group Bank

Recruit (OTCMKTS:RCRUY) was upgraded by investment analysts at Erste Group Bank to a “strong-buy” rating in a note issued to investors on Wednesday, Zacks reports.

Separately, Zacks Research lowered shares of Recruit from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy”.

Recruit Stock Performance

Shares of RCRUY stock opened at $24.32 on Wednesday. The stock’s fifty day moving average is $21.67 and its 200-day moving average is $16.18. The stock has a market capitalization of $179.06 billion, a PE ratio of 46.77 and a beta of 1.80. Recruit has a 52 week low of $7.57 and a 52 week high of $24.84.

Recruit (OTCMKTS:RCRUY) last announced its earnings results on Friday, August 7th. The company reported $0.18 earnings per share for the quarter. Recruit had a return on equity of 35.54% and a net margin of 14.94%. The company had revenue of $6.56 billion during the quarter, compared to analyst estimates of $6.19 billion. As a group, analysts forecast that Recruit will post 0.72 earnings per share for the current fiscal year.

About Recruit

Recruit Holdings Co, Ltd. is a Japanese technology and services company that provides solutions connecting people with employment, housing, travel, dining, beauty and other consumer and business services. Its businesses operate through online platforms, digital products and related services designed to help individuals make decisions and help companies attract customers, employees and applicants.

Recruit’s Human Resources Technology segment includes Indeed, a global job-search and recruitment platform, and Glassdoor, which provides information about employers, workplaces and job opportunities.