Randstad Holding NV (OTCMKTS:RANJY) Short Interest Up 5,500.1% in July

Randstad Holding NV (OTCMKTS:RANJY) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 55,217 shares, a growth of 5,500.1% from the July 15th total of 986 shares. Based on an average daily trading volume, of 79,143 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several analysts have recently commented on RANJY shares. The Goldman Sachs Group restated a “neutral” rating on shares of Randstad in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Randstad in a report on Thursday, July 23rd. Citigroup downgraded shares of Randstad from a “buy” rating to a “neutral” rating in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Randstad in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Randstad Stock Performance

OTCMKTS:RANJY opened at $22.70 on Wednesday. The company has a market capitalization of $7.99 billion, a PE ratio of 22.02 and a beta of 0.94. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. Randstad has a 52-week low of $12.46 and a 52-week high of $24.38. The stock has a fifty day simple moving average of $17.62 and a 200-day simple moving average of $16.00.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. The company had revenue of $6.73 billion for the quarter, compared to the consensus estimate of $6.60 billion. Randstad had a net margin of 1.39% and a return on equity of 11.78%. On average, equities research analysts expect that Randstad will post 1.8 earnings per share 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.