Randstad (OTCMKTS:RANJY) Shares Gap Up – Still a Buy?
by Kim Johansen · The Markets DailyRandstad Holding NV (OTCMKTS:RANJY – Get Free Report)’s stock price gapped up before the market opened on Wednesday. The stock had previously closed at $19.38, but opened at $23.37. Randstad shares last traded at $23.48, with a volume of 1,237 shares traded.
Analyst Ratings Changes
A number of analysts have issued reports on RANJY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Randstad in a report on Wednesday, September 9th. Citigroup restated a “neutral” rating on shares of Randstad in a research report on Friday, September 25th. Royal Bank Of Canada restated a “sector perform” rating on shares of Randstad in a report on Thursday, July 23rd. Zacks Research downgraded shares of Randstad from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of Randstad in a research report on Friday, July 24th. Four analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.
Read Our Latest Research Report on RANJY
Randstad Trading Up 20.8%
The stock has a market cap of $8.20 billion, a P/E ratio of 22.61 and a beta of 0.96. The business’s 50 day simple moving average is $21.25 and its two-hundred day simple moving average is $17.93. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.41.
Randstad (OTCMKTS:RANJY – Get Free Report) last announced its earnings results on Wednesday, October 21st. The business services provider reported $0.43 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.43. Randstad had a net margin of 1.39% and a return on equity of 11.76%. As a group, analysts expect that Randstad Holding NV will post 1.51 EPS for the current year.
Randstad Company Profile
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.