Randstad (OTCMKTS:RANJY) Reaches New 12-Month Low – Time to Sell?
by Jessica Moore · The Cerbat GemRandstad Holding NV (OTCMKTS:RANJY – Get Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $14.4520 and last traded at $14.48, with a volume of 130972 shares. The stock had previously closed at $14.72.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on RANJY. Jefferies Financial Group cut shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a report on Thursday, January 8th. Zacks Research raised Randstad from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Report on RANJY
Randstad Price Performance
The firm has a fifty day moving average price of $16.51 and a two-hundred day moving average price of $18.86. The company has a quick ratio of 1.18, a current ratio of 1.21 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $4.91 billion, a P/E ratio of 14.82 and a beta of 0.88.
Randstad (OTCMKTS:RANJY – Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04. Randstad had a net margin of 1.30% and a return on equity of 11.47%. The company had revenue of $6.93 billion for the quarter, compared to analysts’ expectations of $6.83 billion. On average, analysts expect that Randstad Holding NV will post 1.63 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.