Randstad Holding NV (OTCMKTS:RANJY) Short Interest Update

Randstad Holding NV (OTCMKTS:RANJY) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 2,751 shares, a decline of 95.0% from the July 30th total of 55,217 shares. Based on an average trading volume of 17,840 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Randstad Trading Up 0.5%

Randstad stock traded up $0.12 during trading hours on Tuesday, reaching $23.20. 3,285 shares of the company’s stock traded hands, compared to its average volume of 12,124. The firm has a market capitalization of $8.16 billion, a price-to-earnings ratio of 15.28 and a beta of 0.94. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.14 and a current ratio of 1.23. Randstad has a fifty-two week low of $12.46 and a fifty-two week high of $23.64. The firm’s 50 day moving average is $19.05 and its 200-day moving average is $16.39.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.36 EPS 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 analysts’ expectations of $6.60 billion. Randstad had a net margin of 1.39% and a return on equity of 11.76%. On average, analysts predict that Randstad will post 1.8 earnings per share for the current year.

Wall Street Analysts Forecast Growth

RANJY has been the topic of several research analyst reports. Royal Bank Of Canada reissued a “sector perform” rating on shares of Randstad in a research note on Thursday, July 23rd. The Goldman Sachs Group restated a “neutral” rating on shares of Randstad in a research report on Friday, July 24th. Citigroup downgraded Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Randstad in a research report on Thursday, July 23rd. Six analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

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.