Randstad (OTCMKTS:RANJY) Reaches New 12-Month Low – What’s Next?

Shares of Randstad Holding NV (OTCMKTS:RANJY) reached a new 52-week low during trading on Thursday . The stock traded as low as $14.9020 and last traded at $14.9020, with a volume of 26117 shares traded. The stock had previously closed at $15.14.

Wall Street Analyst Weigh In

Several research firms have weighed in on RANJY. Jefferies Financial Group lowered shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a research note on Thursday, January 8th. Zacks Research raised shares of Randstad from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Randstad Trading Down 1.3%

The firm has a market capitalization of $5.21 billion, a price-to-earnings ratio of 15.73 and a beta of 0.88. The company has a fifty day moving average price of $16.85 and a 200-day moving average price of $19.12. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.41.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.04. Randstad had a net margin of 1.30% and a return on equity of 11.61%. The firm had revenue of $6.93 billion during the quarter, compared to analysts’ expectations of $6.83 billion. On average, equities research analysts predict 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.