Randstad (OTCMKTS:RANJY) Sees Strong Trading Volume – Should You Buy?

Shares of Randstad Holding NV (OTCMKTS:RANJY) saw strong trading volume on Wednesday . Approximately 78,280 shares were traded during mid-day trading, an increase of 41% from the previous session’s volume of 55,605 shares.The stock last traded at $21.84 and had previously closed at $21.8250.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on RANJY shares. Royal Bank Of Canada restated a “sector perform” rating on shares of Randstad in a research report on Thursday, July 23rd. Citigroup lowered Randstad from a “buy” rating to a “neutral” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Randstad in a report on Thursday, July 23rd. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Randstad in a research report on Friday. Six equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Randstad Stock Up 0.5%

The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. The stock’s 50-day moving average price is $16.29 and its 200-day moving average price is $15.70. The company has a market cap of $7.72 billion, a P/E ratio of 21.28 and a beta of 0.98.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The business 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 11.78% and a net margin of 1.39%. As a group, research analysts forecast that Randstad Holding NV will post 1.8 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.