Randstad (OTCMKTS:RANJY) Hits New 12-Month Low – Time to Sell?

Randstad Holding NV (OTCMKTS:RANJY)’s stock price hit a new 52-week low on Monday . The company traded as low as $15.4425 and last traded at $15.6050, with a volume of 35970 shares. The stock had previously closed at $16.3930.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on RANJY. Zacks Research upgraded shares of Randstad from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. Jefferies Financial Group lowered Randstad from a “strong-buy” rating to a “moderate sell” rating in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Randstad Stock Performance

The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.41. The stock has a fifty day simple moving average of $17.39 and a 200-day simple moving average of $19.53. The company has a market capitalization of $5.52 billion, a P/E ratio of 16.65 and a beta of 0.88.

Randstad (OTCMKTS:RANJY) last announced its earnings results on Wednesday, February 11th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04. The business had revenue of $6.93 billion during the quarter, compared to analysts’ expectations of $6.83 billion. Randstad had a net margin of 1.30% and a return on equity of 11.61%. Equities analysts forecast that Randstad Holding NV will post 1.63 EPS for the current 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.