Randstad (OTCMKTS:RANJY) Issues Quarterly Earnings Results

Randstad (OTCMKTS:RANJY) posted its quarterly earnings results on Wednesday. The business services provider reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01, Zacks reports. The company had revenue of $6.73 billion for the quarter, compared to analyst estimates of $6.60 billion. Randstad had a net margin of 1.24% and a return on equity of 11.14%.

Randstad Stock Performance

Shares of OTCMKTS RANJY opened at $20.72 on Thursday. The company’s fifty day moving average price is $15.76 and its 200 day moving average price is $15.64. The company has a market capitalization of $7.29 billion, a PE ratio of 22.74 and a beta of 0.98. Randstad has a 1 year low of $12.46 and a 1 year high of $25.50. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14.

Wall Street Analyst Weigh In

Separately, Citigroup cut Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock 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.