Randstad (OTCMKTS:RANJY) Rating Lowered to “Hold” at BNP Paribas

BNP Paribas downgraded shares of Randstad (OTCMKTS:RANJY) from a strong-buy rating to a hold rating in a report released on Monday morning,Zacks.com reports.

Separately, Sanford C. Bernstein raised Randstad from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 14th.

Randstad Stock Down 0.6%

RANJY stock opened at $21.40 on Monday. Randstad has a 12 month low of $17.14 and a 12 month high of $27.58. The firm has a market cap of $7.74 billion, a PE ratio of 61.14 and a beta of 1.04. The firm has a 50 day simple moving average of $20.55 and a 200 day simple moving average of $21.09. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.10 and a quick ratio of 1.10.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.31 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.31. Randstad had a return on equity of 9.79% and a net margin of 0.53%. The company had revenue of $6.42 billion for the quarter, compared to analysts’ expectations of $5.57 billion. Equities research analysts forecast that Randstad will post 1.63 earnings per share for the current fiscal year.

Randstad Company Profile

Randstad N.V. provides solutions in the field of work and human resources (HR) services. The company provides temporary staffing and permanent placement services; job posting; and résumé services on digital platforms. It offers inhouse, enterprise and digital, and tech suite services. In addition, the company provides managed services programs, recruitment process outsourcing, outplacement and career development, and online talent acquisition.