Randstad (OTCMKTS:RANJY) Sets New 52-Week Low – Here’s What Happened

Randstad Holding NV (OTCMKTS:RANJY)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $16.09 and last traded at $16.3250, with a volume of 13152 shares trading hands. The stock had previously closed at $16.26.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Jefferies Financial Group cut Randstad from a “strong-buy” rating to a “moderate sell” rating in a report on Thursday, January 8th. Zacks Research raised shares of 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 issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Randstad Trading Up 0.6%

The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.41. The firm has a market cap of $5.75 billion, a P/E ratio of 17.38 and a beta of 0.88. The firm’s fifty day moving average is $17.92 and its two-hundred day moving average is $20.13.

Randstad (OTCMKTS:RANJY) last announced its earnings results on Wednesday, February 11th. The business services provider reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.04. Randstad had a net margin of 1.30% and a return on equity of 11.61%. The firm had revenue of $6.93 billion for the quarter, compared to analyst estimates of $6.83 billion. Analysts predict that Randstad Holding NV will post 1.63 earnings per share 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.