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

Randstad Holding NV (OTCMKTS:RANJY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $13.96, but opened at $14.60. Randstad shares last traded at $14.49, with a volume of 730 shares.

Analyst Upgrades and Downgrades

Separately, Citigroup downgraded shares of Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Randstad currently has an average rating of “Reduce”.

Randstad Price Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.18 and a current ratio of 1.21. The firm has a market capitalization of $5.11 billion, a P/E ratio of 15.94 and a beta of 0.97. The stock’s 50 day simple moving average is $14.11 and its 200 day simple moving average is $16.71.

Randstad (OTCMKTS:RANJY) last issued its earnings results on Wednesday, April 22nd. The business services provider reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06). The company had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $5.85 billion. Randstad had a return on equity of 11.13% and a net margin of 1.24%. As a group, analysts expect that Randstad Holding NV 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.