Randstad (OTCMKTS:RANJY) Posts Earnings Results, Meets Expectations

Randstad (OTCMKTS:RANJY) announced its quarterly earnings results on Wednesday. The business services provider reported $0.43 EPS for the quarter, hitting analysts’ consensus estimates of $0.43, Zacks reports. Randstad had a net margin of 1.39% and a return on equity of 11.76%.

Randstad Trading Down 0.5%

Randstad stock opened at $19.29 on Wednesday. Randstad has a 52-week low of $12.46 and a 52-week high of $23.45. The company has a market cap of $6.79 billion, a P/E ratio of 18.71 and a beta of 0.96. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.41. The business has a 50-day simple moving average of $21.25 and a two-hundred day simple moving average of $17.93.

Analysts Set New Price Targets

A number of research analysts recently weighed in on RANJY shares. Royal Bank Of Canada restated a “sector perform” rating on shares of Randstad in a research report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Randstad in a research report on Wednesday, September 9th. Zacks Research lowered shares of Randstad from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Randstad in a research note on Friday, July 24th. Finally, Citigroup reissued a “neutral” rating on shares of Randstad in a report on Friday, September 25th. Four 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, the stock has a consensus rating of “Reduce”.

Randstad Company Profile

Randstad N.V. is a Netherlands-based human resources services company that connects employers with temporary, permanent and project-based workers. Its services cover recruitment, staffing, workforce management and talent development across a range of industries and professional fields.

The company provides temporary staffing, permanent placement, in-house staffing and recruitment process outsourcing services. It also offers specialized support for professionals and executive search, as well as career transition, outplacement and other workforce-related solutions.