Randstad Holding NV (OTCMKTS:RANJY) Receives Average Rating of “Reduce” from Brokerages

Randstad Holding NV (OTCMKTS:RANJY) has earned an average recommendation of “Reduce” from the seven research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company.

A number of brokerages recently commented on RANJY. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Randstad in a research report on Thursday, July 23rd. Royal Bank Of Canada restated a “sector perform” rating on shares of Randstad in a research note on Thursday, July 23rd. Citigroup lowered Randstad from a “buy” rating to a “neutral” rating in a research report on Thursday, April 30th. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of Randstad in a research note on Friday, July 24th.

Randstad Price Performance

Randstad stock opened at $22.73 on Monday. Randstad has a fifty-two week low of $12.46 and a fifty-two week high of $24.38. The stock has a market cap of $8.00 billion, a PE ratio of 22.04 and a beta of 0.94. The firm’s 50-day simple moving average is $18.03 and its 200 day simple moving average is $16.12. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. Randstad had a net margin of 1.39% and a return on equity of 11.78%. The firm had revenue of $6.73 billion during the quarter, compared to analyst estimates of $6.60 billion. Research analysts predict that Randstad will post 1.8 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.