Randstad Holding NV (OTCMKTS:RANJY) Shares Shorted: Short Interest Down 45.6% in October

Randstad Holding NV (OTCMKTS:RANJY) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 2,100 shares, a decrease of 45.6% from the September 30th total of 3,861 shares. Based on an average trading volume of 11,925 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Zacks Research raised shares of Randstad from a “strong sell” rating to a “hold” rating in a report on Friday, October 23rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Randstad in a report on Wednesday, September 9th. Kepler Capital Markets downgraded Randstad from a “hold” rating to a “strong sell” rating in a research report on Monday, October 26th. The Goldman Sachs Group restated a “neutral” rating on shares of Randstad in a research note on Friday, July 24th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Randstad in a research report on Thursday, October 22nd. Five analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

Randstad Stock Performance

OTCMKTS:RANJY traded up $0.30 on Friday, reaching $22.71. 2,517 shares of the company’s stock were exchanged, compared to its average volume of 5,336. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.23 and a quick ratio of 1.23. The firm has a market cap of $7.99 billion, a price-to-earnings ratio of 20.44 and a beta of 0.96. Randstad has a 52 week low of $12.46 and a 52 week high of $23.51. The stock has a fifty day simple moving average of $21.28 and a 200-day simple moving average of $17.61.

Randstad (OTCMKTS:RANJY) last posted its earnings results on Wednesday, October 21st. The business services provider reported $0.43 earnings per share for the quarter, hitting the consensus estimate of $0.43. Randstad had a net margin of 1.49% and a return on equity of 12.12%. The firm had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.86 billion. As a group, sell-side analysts predict that Randstad will post 1.48 earnings per share for the current year.

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.