Short Interest in Randstad Holding NV (OTCMKTS:RANJY) Grows By 145.3%

Randstad Holding NV (OTCMKTS:RANJY) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 18,546 shares, a growth of 145.3% from the April 15th total of 7,560 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 78,270 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup downgraded shares of Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce”.

Randstad Price Performance

RANJY traded down $0.21 during trading on Friday, reaching $13.96. 19,869 shares of the stock were exchanged, compared to its average volume of 66,225. Randstad has a 1 year low of $12.46 and a 1 year high of $25.50. The company has a market capitalization of $4.91 billion, a price-to-earnings ratio of 15.32 and a beta of 0.97. The business’s 50 day moving average price is $14.17 and its two-hundred day moving average price is $16.79. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.21 and a quick ratio of 1.18.

Randstad (OTCMKTS:RANJY) last released its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.06). Randstad had a return on equity of 11.13% and a net margin of 1.24%.The firm had revenue of $6.48 billion for the quarter, compared to analyst estimates of $5.85 billion. As a group, equities research analysts anticipate that Randstad will post 1.8 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.