Randstad (OTCMKTS:RANJY) Shares Up 6.1% – Time to Buy?

Randstad Holding NV (OTCMKTS:RANJY) shares shot up 6.1% on Thursday . The stock traded as high as $18.30 and last traded at $18.30. 5,556 shares were traded during trading, a decline of 90% from the average session volume of 56,118 shares. The stock had previously closed at $17.2450.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered shares of Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

Randstad Stock Up 7.5%

The company has a market cap of $6.52 billion, a price-to-earnings ratio of 20.35 and a beta of 0.98. The stock’s 50-day moving average is $15.36 and its 200-day moving average is $15.64. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39.

Randstad (OTCMKTS:RANJY) last released its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06). The company had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $5.85 billion. Randstad had a return on equity of 11.14% and a net margin of 1.24%. On average, analysts anticipate 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.