Randstad (OTCMKTS:RANJY) Issues Quarterly Earnings Results

Randstad (OTCMKTS:RANJY) issued its earnings results on Wednesday. The business services provider reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04, Zacks reports. The firm had revenue of $6.93 billion for the quarter, compared to analysts’ expectations of $6.83 billion. Randstad had a return on equity of 8.92% and a net margin of 0.29%.

Randstad Stock Down 0.8%

Shares of Randstad stock traded down $0.13 on Thursday, hitting $16.18. The company had a trading volume of 19,035 shares, compared to its average volume of 30,771. The stock has a 50-day moving average of $18.08 and a 200-day moving average of $20.33. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.18 and a quick ratio of 1.18. Randstad has a twelve month low of $16.11 and a twelve month high of $25.50. The firm has a market capitalization of $5.70 billion, a P/E ratio of 85.17 and a beta of 0.88.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Jefferies Financial Group downgraded shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a research report on Thursday, January 8th. Zacks Research raised shares of Randstad from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 9th. Two research 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 stock. Based on data from MarketBeat.com, Randstad currently has an average rating of “Moderate Buy”.

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.