Randstad (OTCMKTS:RANJY) Hits New 12-Month Low – Here’s What Happened

Randstad Holding NV (OTCMKTS:RANJY)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $14.9020 and last traded at $14.9020, with a volume of 26117 shares trading hands. The stock had previously closed at $15.14.

Analyst Ratings Changes

A number of equities research 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 note on Thursday, January 8th. Zacks Research raised Randstad from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

Randstad Stock Down 0.7%

The firm has a market cap of $5.29 billion, a P/E ratio of 15.98 and a beta of 0.88. The firm’s 50 day moving average is $17.01 and its two-hundred day moving average is $19.21. The company has a current ratio of 1.18, a quick 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 the consensus estimate of $0.41 by $0.04. The company had revenue of $6.93 billion for the quarter, compared to analyst estimates of $6.83 billion. Randstad had a net margin of 1.30% and a return on equity of 11.61%. As a group, research analysts anticipate that Randstad Holding NV will post 1.63 EPS for the current fiscal 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.