Recruit (OTCMKTS:RCRUY) Reaches New 12-Month High – Should You Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) reached a new 52-week high during trading on Monday . The stock traded as high as $14.55 and last traded at $14.35, with a volume of 510186 shares trading hands. The stock had previously closed at $13.96.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Recruit from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Strong Buy”.

Recruit Stock Performance

The company has a 50 day moving average of $11.31 and a 200 day moving average of $10.33. The stock has a market capitalization of $104.87 billion, a price-to-earnings ratio of 15.48 and a beta of 1.72.

Recruit (OTCMKTS:RCRUY) last posted its quarterly earnings results on Friday, May 15th. The company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $6.12 billion for the quarter, compared to analyst estimates of $5.72 billion. Recruit had a return on equity of 32.62% and a net margin of 13.47%. As a group, research analysts expect that Recruit Holdings Co., Ltd. will post 0.53 EPS for the current fiscal year.

Recruit Company Profile

Recruit Holdings Co, Ltd. (OTCMKTS: RCRUY) is a Japan-based provider of human resources and information services that operates a diversified portfolio of staffing, recruitment and consumer-facing platforms. Headquartered in Tokyo, the company builds and runs digital marketplaces and service businesses that connect employers with job seekers, support corporate HR functions, and offer related marketing and consumer services in areas such as lifestyle and local search.

The company’s principal activities include online job search and employer branding platforms, temporary and permanent staffing, recruitment process outsourcing, and HR technology solutions.