Randstad (OTCMKTS:RANJY) Sets New 1-Year Low – What’s Next?

Shares of Randstad Holding NV (OTCMKTS:RANJY) hit a new 52-week low during trading on Monday . The company traded as low as $15.4425 and last traded at $15.6050, with a volume of 35970 shares traded. The stock had previously closed at $16.3930.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on RANJY. Jefferies Financial Group downgraded shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a report on Thursday, January 8th. Zacks Research upgraded Randstad from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Randstad has a consensus rating of “Hold”.

Randstad Trading Down 4.6%

The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.41. The business has a 50-day simple moving average of $17.50 and a 200-day simple moving average of $19.65. The company has a market cap of $5.50 billion, a PE ratio of 16.62 and a beta of 0.88.

Randstad (OTCMKTS:RANJY) last released its quarterly 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. The business had revenue of $6.93 billion during the quarter, compared to analyst estimates of $6.83 billion. Randstad had a return on equity of 11.61% and a net margin of 1.30%. On average, analysts predict that Randstad Holding NV will post 1.63 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.