Randstad (OTCMKTS:RANJY) Sets New 52-Week High – Should You Buy?

Randstad Holding NV (OTCMKTS:RANJY) reached a new 52-week high during trading on Thursday. The stock traded as high as $23.51 and last traded at $23.07, with a volume of 8,760 shares changing hands. The stock had previously closed at $19.2920.

Wall Street Analyst Weigh In

RANJY has been the subject of several analyst reports. Royal Bank Of Canada reissued a “sector perform” rating on shares of Randstad in a research note on Thursday. The Goldman Sachs Group reiterated a “neutral” rating on shares of Randstad in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Randstad in a research report on Wednesday, September 9th. Zacks Research downgraded shares of Randstad from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Finally, Citigroup restated a “neutral” rating on shares of Randstad in a research note on Friday, September 25th. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

Randstad Stock Performance

The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 20.72 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 company has a 50 day simple moving average of $21.29 and a 200 day simple moving average of $18.11.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings data on Wednesday, October 21st. The business services provider reported $0.43 EPS for the quarter, meeting the consensus estimate of $0.43. Randstad had a net margin of 1.49% and a return on equity of 12.12%. The business had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.86 billion. As a group, equities research analysts forecast that Randstad Holding NV will post 1.51 EPS for the current year.

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.