Randstad (OTCMKTS:RANJY) Hits New 52-Week Low – What’s Next?

Randstad Holding NV (OTCMKTS:RANJY)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $16.50 and last traded at $16.5050, with a volume of 818 shares changing hands. The stock had previously closed at $17.30.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Zacks Research upgraded Randstad from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. Jefferies Financial Group lowered Randstad from a “strong-buy” rating to a “moderate sell” rating in a research report on Thursday, January 8th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Randstad Stock Down 5.1%

The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $5.78 billion, a PE ratio of 86.42 and a beta of 0.89. The business’s 50-day moving average price is $18.81 and its 200-day moving average price is $21.15.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04. Randstad had a net margin of 0.29% and a return on equity of 8.92%. The firm had revenue of $6.74 billion for the quarter, compared to the consensus estimate of $6.75 billion. As a group, equities research analysts predict that Randstad Holding NV will post 1.63 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.