Randstad (OTCMKTS:RANJY) Shares Gap Up – Here’s What Happened

Shares of Randstad Holding NV (OTCMKTS:RANJY) gapped up before the market opened on Monday . The stock had previously closed at $13.23, but opened at $14.14. Randstad shares last traded at $14.09, with a volume of 4,155 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have recently commented on RANJY shares. Zacks Research upgraded Randstad from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. Jefferies Financial Group lowered Randstad from a “strong-buy” rating to a “moderate sell” rating in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Randstad presently has a consensus rating of “Hold”.

Randstad Stock Performance

The stock has a market capitalization of $4.96 billion, a PE ratio of 14.98 and a beta of 0.88. The business’s 50 day moving average is $16.40 and its 200 day moving average is $18.74. The company has a current ratio of 1.21, a quick ratio of 1.18 and a debt-to-equity ratio of 0.39.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04. The company had revenue of $6.93 billion for the quarter, compared to analyst estimates of $6.83 billion. Randstad had a net margin of 1.30% and a return on equity of 11.47%. On average, equities research analysts predict that Randstad Holding NV will post 1.63 earnings per share for the current fiscal year.

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.