Randstad (OTCMKTS:RANJY) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Randstad (OTCMKTS:RANJY) posted its quarterly earnings data on Wednesday. The business services provider reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01, Zacks reports. Randstad had a return on equity of 11.14% and a net margin of 1.24%.

Randstad Stock Performance

Shares of Randstad stock opened at $18.09 on Wednesday. The firm has a market cap of $6.37 billion, a PE ratio of 19.86 and a beta of 0.98. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. Randstad has a 52 week low of $12.46 and a 52 week high of $25.50. The business’s fifty day simple moving average is $15.63 and its 200-day simple moving average is $15.63.

Wall Street Analyst Weigh In

Separately, Citigroup cut shares of Randstad from a “buy” rating to a “neutral” rating in a research report on Thursday, April 30th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

About Randstad

Randstad N.V. (OTCMKTS:RANJY) is a leading global provider of human resource services and workforce solutions. Headquartered in Diemen, Netherlands, the company specializes in connecting organizations with both temporary and permanent talent across a wide range of industries, including administrative, industrial, finance, engineering, healthcare and IT sectors.

The company’s service offering encompasses staffing and recruitment, inhouse services, professional and executive search, and managed services such as recruitment process outsourcing (RPO) and workforce management.