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

Randstad Holding NV (OTCMKTS:RANJY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $14.34, but opened at $15.45. Randstad shares last traded at $15.61, with a volume of 500 shares traded.

Analyst Ratings Changes

Separately, Citigroup cut shares of Randstad from a “buy” rating to a “neutral” rating in a research note on Thursday, April 30th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Randstad presently has a consensus rating of “Reduce”.

Randstad Stock Up 2.3%

The company has a market cap of $5.46 billion, a price-to-earnings ratio of 17.03 and a beta of 0.97. The business has a 50-day simple moving average of $15.03 and a two-hundred day simple moving average of $15.80. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06). Randstad had a net margin of 1.24% and a return on equity of 11.14%. The company had revenue of $6.48 billion for the quarter, compared to analyst estimates of $5.85 billion. As a group, equities analysts forecast that Randstad Holding NV will post 1.8 earnings per share 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.