Randstad (RANJY) Set to Announce Quarterly Earnings on Wednesday

Randstad (OTCMKTS:RANJY) is anticipated to post its results before the market opens on Wednesday, October 21st. Analysts expect Randstad to announce earnings of $0.43 per share and revenue of $6.86 billion for the quarter.

Randstad (OTCMKTS:RANJY) last posted its earnings results on Wednesday, July 22nd. The business services provider reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The company had revenue of $6.73 billion for the quarter, compared to the consensus estimate of $6.60 billion. Randstad had a return on equity of 11.76% and a net margin of 1.39%. On average, analysts expect Randstad to post $1.51 EPS for the current fiscal year and $1.65 EPS for the next fiscal year.

Randstad Stock Up 0.7%

RANJY opened at $19.38 on Tuesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.23 and a current ratio of 1.23. The company has a market cap of $6.82 billion, a price-to-earnings ratio of 12.74 and a beta of 0.96. Randstad has a one year low of $12.46 and a one year high of $23.45. The business’s fifty day moving average is $21.32 and its two-hundred day moving average is $17.89.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on RANJY. Citigroup restated a “neutral” rating on shares of Randstad in a research report on Friday, September 25th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Randstad in a research report on Friday, July 24th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Randstad in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Randstad in a research note on Wednesday, September 9th. Finally, Zacks Research downgraded shares of Randstad from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. Four investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce”.

About Randstad

Randstad N.V. is a Netherlands-based human resources services company that connects employers with temporary, permanent and project-based workers. Its services cover recruitment, staffing, workforce management and talent development across a range of industries and professional fields.

The company provides temporary staffing, permanent placement, in-house staffing and recruitment process outsourcing services. It also offers specialized support for professionals and executive search, as well as career transition, outplacement and other workforce-related solutions.