Randstad (OTCMKTS:RANJY) Shares Gap Down – Here’s Why

Randstad Holding NV (OTCMKTS:RANJY) shares gapped down before the market opened on Thursday . The stock had previously closed at $18.09, but opened at $17.4580. Randstad shares last traded at $17.4734, with a volume of 2,789 shares.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Zacks Research upgraded shares of Randstad from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 9th. Jefferies Financial Group downgraded shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a research note on Thursday, January 8th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Randstad presently has an average rating of “Moderate Buy”.

Randstad Trading Down 0.1%

The business has a fifty day moving average price of $18.92 and a 200 day moving average price of $21.30. The firm has a market capitalization of $6.19 billion, a price-to-earnings ratio of 92.64 and a beta of 0.89. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.18 and a current ratio of 1.18.

Randstad (OTCMKTS:RANJY) last posted its earnings results on Wednesday, October 22nd. The business services provider reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.04. The business had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.75 billion. Randstad had a net margin of 0.29% and a return on equity of 8.92%. As a group, equities analysts forecast that Randstad Holding NV will post 1.63 earnings per share for the current year.

Randstad Company Profile

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.