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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, TheFlyOnTheWall.com 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.

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