Randstad (OTCMKTS:RANJY) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Randstad (OTCMKTS:RANJY) issued its quarterly earnings results on Wednesday. The business services provider reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.04, Zacks reports. Randstad had a return on equity of 8.92% and a net margin of 0.29%.The firm had revenue of $6.93 billion during the quarter, compared to the consensus estimate of $6.83 billion.

Randstad Price Performance

Shares of Randstad stock traded down $0.20 on Thursday, hitting $16.11. The company had a trading volume of 34,036 shares, compared to its average volume of 31,171. Randstad has a 52 week low of $16.09 and a 52 week high of $25.50. The company has a market cap of $5.67 billion, a PE ratio of 84.79 and a beta of 0.88. The business has a 50-day simple moving average of $18.08 and a 200-day simple moving average of $20.33. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.18 and a quick ratio of 1.18.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Jefferies Financial Group lowered shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a report 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. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.