Randstad (OTCMKTS:RANJY) Shares Gap Down – Here’s What Happened

Randstad Holding NV (OTCMKTS:RANJY) gapped down before the market opened on Wednesday . The stock had previously closed at $13.55, but opened at $12.88. Randstad shares last traded at $12.8612, with a volume of 6,801 shares trading hands.

Analyst Ratings Changes

RANJY has been the topic of a number of research reports. Zacks Research raised Randstad from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. Jefferies Financial Group lowered shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Randstad has an average rating of “Hold”.

Randstad Stock Down 4.2%

The company has a quick ratio of 1.18, a current ratio of 1.21 and a debt-to-equity ratio of 0.39. The stock has a market cap of $4.59 billion, a P/E ratio of 13.86 and a beta of 0.88. The company has a 50-day simple moving average of $15.86 and a two-hundred day simple moving average of $18.32.

Randstad (OTCMKTS:RANJY) last issued its earnings results on Wednesday, February 11th. The business services provider reported $0.45 EPS for the quarter, topping the consensus estimate of $0.41 by $0.04. Randstad had a net margin of 1.30% and a return on equity of 11.47%. The company had revenue of $6.93 billion for the quarter, compared to the consensus estimate of $6.83 billion. On average, equities analysts forecast that Randstad Holding NV will post 1.63 EPS 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.