Randstad (OTCMKTS:RANJY) Stock Price Up 6.1% – Time to Buy?

Randstad Holding NV (OTCMKTS:RANJY) was up 6.1% on Thursday . The company traded as high as $18.30 and last traded at $18.30. 5,556 shares traded hands during trading, a decline of 90% from the average session volume of 56,118 shares. The stock had previously closed at $17.2450.

Wall Street Analyst Weigh In

Separately, Citigroup downgraded shares of Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Randstad Stock Performance

The firm has a market capitalization of $6.52 billion, a P/E ratio of 20.35 and a beta of 0.98. The company has a 50-day moving average of $15.36 and a 200-day moving average of $15.64. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.06). Randstad had a net margin of 1.24% and a return on equity of 11.14%. The company had revenue of $6.48 billion during the quarter, compared to analyst estimates of $5.85 billion. On average, equities analysts anticipate that Randstad Holding NV will post 1.8 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.