Randstad (OTCMKTS:RANJY) Releases Earnings Results, Meets Estimates

Randstad (OTCMKTS:RANJY) issued its earnings results on Wednesday. The business services provider reported $0.43 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.43, Zacks reports. Randstad had a net margin of 1.39% and a return on equity of 11.76%.

Randstad Stock Down 0.5%

Shares of RANJY opened at $19.29 on Wednesday. The stock has a market capitalization of $6.79 billion, a price-to-earnings ratio of 18.71 and a beta of 0.96. Randstad has a 1 year low of $12.46 and a 1 year high of $23.45. The business’s 50 day simple moving average is $21.25 and its 200-day simple moving average is $17.93. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.23 and a quick ratio of 1.23.

Wall Street Analyst Weigh In

RANJY has been the subject of several research analyst reports. Citigroup reaffirmed a “neutral” rating on shares of Randstad in a research note on Friday, September 25th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Randstad in a research note on Wednesday, September 9th. The Goldman Sachs Group reissued a “neutral” rating on shares of Randstad in a report on Friday, July 24th. Royal Bank Of Canada restated a “sector perform” rating on shares of Randstad in a research report on Thursday, July 23rd. Finally, Zacks Research cut Randstad from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Randstad presently has a consensus rating of “Reduce”.

About Randstad

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.