Randstad (OTCMKTS:RANJY) Shares Gap Down – What’s Next?

by · The Cerbat Gem

Randstad Holding NV (OTCMKTS:RANJY – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $18.09, but opened at $17.4580. Randstad shares last traded at $17.4734, with a volume of 2,789 shares.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on RANJY. Zacks Research raised shares of Randstad from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 9th. Jefferies Financial Group lowered Randstad from a “strong-buy” rating to a “moderate sell” rating in a research report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Report on RANJY

Randstad Stock Down 1.6%

The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.41. The stock’s 50-day moving average price is $18.85 and its 200-day moving average price is $21.24. The company has a market cap of $6.09 billion, a P/E ratio of 91.05 and a beta of 0.89.

Randstad (OTCMKTS:RANJY – Get Free Report) last posted its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.04. Randstad had a return on equity of 8.92% and a net margin of 0.29%.The business had revenue of $6.74 billion for the quarter, compared to the consensus estimate of $6.75 billion. As a group, research analysts forecast that Randstad Holding NV will post 1.63 EPS for the current year.

Randstad Company Profile

(Get Free Report)

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.

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