Randstad (OTCMKTS:RANJY) Posts Earnings Results, Misses Estimates By $0.06 EPS

Randstad (OTCMKTS:RANJY) posted its quarterly earnings results on Wednesday. The business services provider reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06), Zacks reports. Randstad had a return on equity of 11.13% and a net margin of 1.24%.The company had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $5.85 billion.

Randstad Price Performance

OTCMKTS:RANJY opened at $14.80 on Friday. The firm has a market capitalization of $5.21 billion, a price-to-earnings ratio of 16.25 and a beta of 0.92. Randstad has a 52-week low of $12.46 and a 52-week high of $25.50. The stock has a fifty day moving average of $14.55 and a 200 day moving average of $17.46. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.18 and a current ratio of 1.21.

Analysts Set New Price Targets

Separately, 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Randstad currently has an average rating of “Hold”.

Randstad Company Profile

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.