Randstad (OTCMKTS:RANJY) Sets New 12-Month Low – Here’s Why

Shares of Randstad Holding NV (OTCMKTS:RANJY) hit a new 52-week low on Monday . The company traded as low as $15.4425 and last traded at $15.6050, with a volume of 35970 shares trading hands. The stock had previously closed at $16.3930.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on RANJY shares. Zacks Research raised shares of Randstad from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 9th. Jefferies Financial Group lowered Randstad from a “strong-buy” rating to a “moderate sell” rating in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Randstad has an average rating of “Hold”.

Randstad Stock Performance

The stock’s 50-day simple moving average is $17.50 and its 200 day simple moving average is $19.65. The company has a market capitalization of $5.50 billion, a PE ratio of 16.62 and a beta of 0.88. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.18 and a current ratio of 1.18.

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