Randstad Holding NV (OTCMKTS:RANJY) Short Interest Update

Randstad Holding NV (OTCMKTS:RANJY) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 2,751 shares, a decline of 95.0% from the July 30th total of 55,217 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 17,840 shares, the days-to-cover ratio is presently 0.2 days.

Randstad Trading Down 0.5%

RANJY stock traded down $0.12 during midday trading on Thursday, reaching $22.99. The company’s stock had a trading volume of 691 shares, compared to its average volume of 49,521. The business’s 50-day simple moving average is $19.21 and its 200-day simple moving average is $16.42. The company has a quick ratio of 1.14, a current ratio of 1.23 and a debt-to-equity ratio of 0.41. Randstad has a 52 week low of $12.46 and a 52 week high of $23.63. The stock has a market cap of $8.09 billion, a PE ratio of 22.30 and a beta of 0.94.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Randstad had a net margin of 1.39% and a return on equity of 11.76%. The company had revenue of $6.73 billion for the quarter, compared to analysts’ expectations of $6.60 billion. As a group, sell-side analysts expect that Randstad will post 1.8 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on RANJY shares. The Goldman Sachs Group restated a “neutral” rating on shares of Randstad in a research note on Friday, July 24th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Randstad in a research report on Thursday, July 23rd. Citigroup lowered shares of Randstad from a “buy” rating to a “neutral” rating in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Randstad in a research note on Thursday, July 23rd. Six investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock 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.