Erste Group Bank Predicts Recruit FY2027 Earnings

Key Points

• Erste Group Bank forecasts Recruit’s FY2027 earnings at $0.71 per share, broadly in line with the $0.72 consensus estimate, and projects FY2028 EPS of $0.88. The bank maintains a “Strong-Buy” rating.
• Recruit’s consensus analyst rating is “Buy,” although Zacks Research recently downgraded the stock from “Strong Buy” to “Hold.”
• Recruit reported quarterly EPS of $0.18 and revenue of $6.56 billion, exceeding the $6.19 billion consensus revenue estimate; shares recently traded near their 12-month high at $24.32.

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY - Free Report) - Equities research analysts at Erste Group Bank issued their FY2027 earnings per share estimates for shares of Recruit in a research note issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel forecasts that the company will post earnings per share of $0.71 for the year. Erste Group Bank currently has a "Strong-Buy" rating on the stock. The consensus estimate for Recruit's current full-year earnings is $0.72 per share. Erste Group Bank also issued estimates for Recruit's FY2028 earnings at $0.88 EPS.

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

Recruit Price Performance

Recruit stock opened at $24.32 on Monday. 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 12 month low of $7.57 and a 12 month high of $24.84. The business has a 50 day simple moving average of $21.67 and a 200-day simple moving average of $16.23.

Recruit (OTCMKTS:RCRUY - Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.18 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $6.19 billion.

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.

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