Recruit (OTCMKTS:RCRUY) Upgraded at Erste Group Bank

Erste Group Bank upgraded shares of Recruit (OTCMKTS:RCRUY) to a strong-buy rating in a research note issued to investors on Wednesday morning,Zacks reports.

Separately, Zacks Research cut Recruit from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Recruit Trading Down 0.5%

OTCMKTS:RCRUY opened at $24.32 on Wednesday. Recruit has a 1 year low of $7.57 and a 1 year high of $24.84. The stock has a 50-day moving average price of $21.67 and a two-hundred day moving average price of $16.18. The stock has a market cap of $179.06 billion, a price-to-earnings ratio of 46.77 and a beta of 1.80.

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

Recruit Company Profile

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.