Randstad (OTCMKTS:RANJY) Shares Gap Up – Still a Buy?

Randstad Holding NV (OTCMKTS:RANJY) gapped up before the market opened on Thursday . The stock had previously closed at $14.34, but opened at $15.45. Randstad shares last traded at $15.61, with a volume of 500 shares.

Wall Street Analyst Weigh In

Separately, Citigroup downgraded shares of Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Randstad presently has an average rating of “Reduce”.

Randstad Stock Performance

The stock has a market cap of $5.46 billion, a P/E ratio of 17.03 and a beta of 0.97. The firm has a 50 day moving average of $15.03 and a two-hundred day moving average of $15.80. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.30 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.06). Randstad had a return on equity of 11.14% and a net margin of 1.24%.The business had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $5.85 billion. On average, research analysts predict that Randstad Holding NV will post 1.8 EPS for the current fiscal year.

About Randstad

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.