Randstad (OTCMKTS:RANJY) Announces Quarterly Earnings Results

Randstad (OTCMKTS:RANJY) issued its quarterly earnings results on Wednesday. The business services provider reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01, Zacks reports. Randstad had a return on equity of 11.14% and a net margin of 1.24%.

Randstad Stock Performance

OTCMKTS RANJY opened at $18.09 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. Randstad has a 1-year low of $12.46 and a 1-year high of $25.50. The firm has a market capitalization of $6.37 billion, a P/E ratio of 19.86 and a beta of 0.98. The business’s 50-day simple moving average is $15.63 and its 200-day simple moving average is $15.63.

Analyst Ratings Changes

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

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.