Randstad (OTCMKTS:RANJY) Issues Quarterly Earnings Results

by · The Cerbat Gem

Randstad (OTCMKTS:RANJY – Get Free Report) announced its earnings results on Wednesday. The business services provider reported $0.43 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.43, Zacks reports. The company had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.86 billion. Randstad had a net margin of 1.39% and a return on equity of 11.76%.

Randstad Price Performance

OTCMKTS RANJY opened at $23.07 on Thursday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $8.12 billion, a PE ratio of 22.38 and a beta of 0.96. The company has a 50 day moving average price of $21.27 and a two-hundred day moving average price of $18.00. Randstad has a 12-month low of $12.46 and a 12-month high of $23.51.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on RANJY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Randstad in a report on Thursday, July 23rd. Zacks Research lowered Randstad from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Randstad in a research note on Friday, July 24th. Citigroup reissued a “neutral” rating on shares of Randstad in a research report on Friday, September 25th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Randstad in a research report on Wednesday, September 9th. Four research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

View Our Latest Stock Report on RANJY

Randstad Company Profile

(Get Free Report)

Randstad N.V. is a Netherlands-based human resources services company that connects employers with temporary, permanent and project-based workers. Its services cover recruitment, staffing, workforce management and talent development across a range of industries and professional fields.

The company provides temporary staffing, permanent placement, in-house staffing and recruitment process outsourcing services. It also offers specialized support for professionals and executive search, as well as career transition, outplacement and other workforce-related solutions.

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