Randstad (OTCMKTS:RANJY) Shares Gap Up – Here’s What Happened

Randstad Holding NV (OTCMKTS:RANJY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $14.26, but opened at $15.14. Randstad shares last traded at $15.05, with a volume of 1,160 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut Randstad from a “strong-buy” rating to a “moderate sell” rating in a research report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Randstad Trading Up 1.1%

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 stock has a market cap of $5.29 billion, a PE ratio of 15.96 and a beta of 0.92. The business has a 50-day moving average of $14.57 and a 200 day moving average of $17.47.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings results on Wednesday, February 11th. The business services provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.41 by $0.04. The company had revenue of $6.93 billion during the quarter, compared to analysts’ expectations of $6.83 billion. Randstad had a return on equity of 11.47% and a net margin of 1.30%. Equities research analysts predict that Randstad Holding NV will post 1.8 EPS 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.