Randstad (OTCMKTS:RANJY) Releases Earnings Results, Misses Expectations By $0.06 EPS

Randstad (OTCMKTS:RANJY) announced its earnings results on Wednesday. The business services provider reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06), Zacks reports. Randstad had a net margin of 1.30% and a return on equity of 11.47%.

Randstad Stock Performance

Shares of RANJY traded up $0.86 during trading hours on Wednesday, reaching $15.12. 4,405 shares of the company’s stock traded hands, compared to its average volume of 70,517. The business’s fifty day simple moving average is $14.60 and its two-hundred day simple moving average is $17.49. The firm has a market capitalization of $5.32 billion, a price-to-earnings ratio of 16.07 and a beta of 0.92. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.21 and a quick ratio of 1.18. Randstad has a twelve month low of $12.46 and a twelve month high of $25.50.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold”.

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.