GEE Group Inc. (JOB) shares are trading at higher $1.08 and the avg recommendation for the stock is Moderate Buy, while the current analyst price target stands at $1.75.
To add more color to this target, the company’s high over the last year is $2.49 and the low is $0.17. Over the last 52 weeks, JOB is up 137.26% while the S&P 500 is up 15.29%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, JOB reported a profit of $9.67 million. GEE Group Inc. also saw revenues increase to $26.59 million. In addition, JOB has free cash flow of $0.14 million as of 06-2020. The company’s EBITDA came in at -$0.54 million which compares well with its peers.
JOB booked profit margins of 13.90%, its Return on Equity (ROE) is 132.80%, and its Return on Assets is 15.30%. All told, it is clear that, JOB needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. JOB has a short ratio of 0.05 and outstanding shares of 15.79M.
JOB has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.41 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 0.95. GEE Group Inc. JOB also noted assets of $129.75 million at the end of the last quarter. Investors should also keep an eye on sector updates as JOB has historically followed its peers on positive news.
All told, GEE Group Inc. JOB has strung together solid data and demonstrated underlying fundamentals. At its current valuation, JOB represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
GEE Group Inc. JOB is now commanding a market cap of 17.80M and a float of 13.15M. JOB is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of JOB stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in JOB, either long or short, and we have not been compensated for this article.