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

Randstad Holding NV (OTCMKTS:RANJY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $18.22, but opened at $16.34. Randstad shares last traded at $16.26, with a volume of 5,840 shares traded.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on RANJY shares. 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 report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Randstad Price Performance

The company has a market cap of $5.69 billion, a PE ratio of 85.05 and a beta of 0.88. The firm’s 50-day moving average is $18.08 and its 200-day moving average is $20.33. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.41.

Randstad (OTCMKTS:RANJY) last posted its earnings results on Wednesday, February 11th. The business services provider reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04. The firm had revenue of $6.93 billion for the quarter, compared to the consensus estimate of $6.83 billion. Randstad had a return on equity of 8.92% and a net margin of 0.29%. On average, equities analysts anticipate that Randstad Holding NV will post 1.63 EPS 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.