Randstad (OTCMKTS:RANJY) Shares Gap Down – What’s Next?

Randstad Holding NV (OTCMKTS:RANJY) gapped down prior to trading on Thursday . The stock had previously closed at $18.22, but opened at $16.34. Randstad shares last traded at $16.26, with a volume of 5,840 shares trading hands.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Jefferies Financial Group cut shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a research note on Thursday, January 8th. Zacks Research upgraded Randstad from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Randstad has an average rating of “Hold”.

Randstad Trading Up 0.7%

The firm’s 50-day moving average price is $17.96 and its 200 day moving average price is $20.24. The company has a market cap of $5.72 billion, a price-to-earnings ratio of 17.28 and a beta of 0.88. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.41.

Randstad (OTCMKTS:RANJY) last issued its earnings results on Wednesday, February 11th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.04. Randstad had a net margin of 1.30% and a return on equity of 11.61%. The business had revenue of $6.93 billion for the quarter, compared to analyst estimates of $6.83 billion. As a group, equities analysts expect that Randstad Holding NV will post 1.63 EPS for the current 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.