Randstad (OTCMKTS:RANJY) Shares Gap Up – Still a Buy?

Randstad Holding NV (OTCMKTS:RANJY) shares gapped up before the market opened on Monday . The stock had previously closed at $15.75, but opened at $17.03. Randstad shares last traded at $17.17, with a volume of 900 shares.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered shares of Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

Randstad Trading Down 1.0%

The firm has a 50-day moving average of $15.31 and a two-hundred day moving average of $15.64. The firm has a market capitalization of $6.00 billion, a P/E ratio of 18.70 and a beta of 0.98. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39.

Randstad (OTCMKTS:RANJY) last released its earnings results on Wednesday, April 22nd. The business services provider reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06). The business had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $5.85 billion. Randstad had a net margin of 1.24% and a return on equity of 11.14%. On average, analysts anticipate that Randstad Holding NV will post 1.8 EPS for the current 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.