Share on StockTwits

51job (NASDAQ:JOBS) was downgraded by analysts at William Blair from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Friday, reports.

Separately, analysts at Morgan Stanley reiterated an “underweight” rating on shares of 51job in a research note on Friday, February 21st. They now have a $70.20 price target on the stock, up previously from $62.90.

Shares of 51job (NASDAQ:JOBS) traded down 5.42% during mid-day trading on Friday, hitting $61.10. 169,356 shares of the company’s stock traded hands. 51job has a 1-year low of $56.00 and a 1-year high of $86.00. The stock’s 50-day moving average is $69.3 and its 200-day moving average is $74.23. The company has a market cap of $1.808 billion and a P/E ratio of 24.28.

51job (NASDAQ:JOBS) last announced its earnings results on Wednesday, May 7th. The company reported $0.73 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.59 by $0.14. The company had revenue of $70.03 million for the quarter, compared to the consensus estimate of $70.05 million. On average, analysts predict that 51job will post $2.71 earnings per share for the current fiscal year.

51job, Inc is a provider of integrated human resource services in China. As of December 31, 2009, the Company had print operations across 19 major cities in China.

The Fly On The Wall

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.