Randstad (OTCMKTS:RANJY) Downgraded to “Strong Sell” Rating by Zacks Research

Zacks Research downgraded shares of Randstad (OTCMKTS:RANJY) from a hold rating to a strong sell rating in a research report released on Wednesday morning,Zacks.com reports.

Other analysts have also recently issued research reports about the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of Randstad in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Randstad in a report on Thursday, July 23rd. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Randstad in a research note on Friday, July 24th. Finally, Citigroup cut Randstad from a “buy” rating to a “neutral” rating in a research report on Thursday, April 30th. Five equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Randstad Stock Down 0.0%

RANJY stock opened at $23.10 on Wednesday. Randstad has a fifty-two week low of $12.46 and a fifty-two week high of $23.63. The company has a market capitalization of $8.13 billion, a price-to-earnings ratio of 22.41 and a beta of 0.94. The business’s 50 day moving average price is $19.36 and its two-hundred day moving average price is $16.46. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.14 and a current ratio of 1.23.

Randstad (OTCMKTS:RANJY) last released its earnings results on Wednesday, July 22nd. The business services provider reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The company had revenue of $6.73 billion during the quarter, compared to analysts’ expectations of $6.60 billion. Randstad had a return on equity of 11.76% and a net margin of 1.39%. As a group, analysts forecast that Randstad will post 1.51 earnings per share for the current fiscal year.

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.