Recruit (OTCMKTS:RCRUY) Shares Gap Down - Time to Sell?

Key Points

• Recruit shares opened lower, falling from a prior close of $24.26 to $23.42 and last trading at $23.833, down 1.7%.
• Analyst sentiment remains generally positive: Erste Group Bank upgraded the stock to “strong buy,” while Zacks Research downgraded it to “hold”; the consensus rating is “Buy.”
• Recruit reported quarterly EPS of $0.18 and revenue of $6.56 billion, exceeding analysts’ revenue expectations of $6.19 billion. The stock trades at a relatively high 45.87 P/E ratio, with a 14.94% net margin and 35.54% return on equity.

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY - Get Free Report)'s stock price gapped down prior to trading on Tuesday. The stock had previously closed at $24.26, but opened at $23.42. Recruit shares last traded at $23.8330, with a volume of 80,577 shares trading hands.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Erste Group Bank upgraded Recruit to a "strong-buy" rating in a research report on Wednesday, October 21st. Zacks Research downgraded shares of 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 stock. According to MarketBeat.com, Recruit presently has an average rating of "Buy".

Recruit Trading Down 1.7%

The company has a market capitalization of $175.61 billion, a price-to-earnings ratio of 45.87 and a beta of 1.80. The firm's 50 day simple moving average is $21.66 and its 200-day simple moving average is $14.11.

Recruit (OTCMKTS:RCRUY - Get Free Report) last released its earnings results on Friday, August 7th. The company reported $0.18 EPS for the quarter. The company had revenue of $6.56 billion during the quarter, compared to analysts' expectations of $6.19 billion. Recruit had a net margin of 14.94% and a return on equity of 35.54%. As a group, sell-side analysts forecast that Recruit Holdings Co., Ltd. will post 0.72 EPS 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.

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