Randstad (OTCMKTS:RANJY) Shares Gap Down – What’s Next?

Randstad Holding NV (OTCMKTS:RANJY) shares gapped down before the market opened on Friday . The stock had previously closed at $22.16, but opened at $20.77. Randstad shares last traded at $20.67, with a volume of 253 shares trading hands.

Analysts Set New Price Targets

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

Randstad Stock Down 0.0%

The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $7.36 billion, a price-to-earnings ratio of 20.28 and a beta of 0.98. The firm’s fifty day moving average is $16.56 and its 200-day moving average is $15.74.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. The company had revenue of $6.73 billion during the quarter, compared to analyst estimates of $6.60 billion. Randstad had a net margin of 1.39% and a return on equity of 11.78%. On average, sell-side analysts predict that Randstad Holding NV will post 1.8 earnings per share for the current year.

Randstad Company Profile

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.