Randstad Holding NV (OTCMKTS:RANJY) Sees Significant Drop in Short Interest

Randstad Holding NV (OTCMKTS:RANJY) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 2,100 shares, a decrease of 45.6% from the September 30th total of 3,861 shares. Based on an average trading volume of 11,925 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Randstad Trading Up 1.3%

Shares of RANJY stock traded up $0.30 during trading hours on Friday, reaching $22.71. The company had a trading volume of 2,517 shares, compared to its average volume of 5,336. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.23 and a quick ratio of 1.23. Randstad has a 1-year low of $12.46 and a 1-year high of $23.51. The firm has a market cap of $7.99 billion, a price-to-earnings ratio of 20.44 and a beta of 0.96. The company has a 50 day moving average of $21.28 and a 200 day moving average of $17.61.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings results on Wednesday, October 21st. The business services provider reported $0.43 EPS for the quarter, meeting analysts’ consensus estimates of $0.43. Randstad had a return on equity of 12.12% and a net margin of 1.49%. The company had revenue of $6.86 billion during the quarter, compared to analysts’ expectations of $6.86 billion. On average, equities research analysts anticipate that Randstad will post 1.48 EPS for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on RANJY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Randstad in a research note on Thursday, October 22nd. The Goldman Sachs Group restated a “neutral” rating on shares of Randstad in a research note on Friday, July 24th. Zacks Research raised Randstad from a “strong sell” rating to a “hold” rating in a report on Friday, October 23rd. Citigroup reiterated a “neutral” rating on shares of Randstad in a research report on Friday, September 25th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Randstad in a report on Wednesday, September 9th. Five equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Randstad has an average rating of “Reduce”.

Randstad Company Profile

Randstad N.V. is a Netherlands-based human resources services company that connects employers with temporary, permanent and project-based workers. Its services cover recruitment, staffing, workforce management and talent development across a range of industries and professional fields.

The company provides temporary staffing, permanent placement, in-house staffing and recruitment process outsourcing services. It also offers specialized support for professionals and executive search, as well as career transition, outplacement and other workforce-related solutions.