Randstad (OTCMKTS:RANJY) Sets New 52-Week High – What’s Next?

Randstad Holding NV (OTCMKTS:RANJY) hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as $23.7550 and last traded at $23.75, with a volume of 2,445 shares changing hands. The stock had previously closed at $22.5813.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on RANJY. Citigroup reissued a “neutral” rating on shares of Randstad in a research note on Friday, September 25th. BNP Paribas Exane began coverage on Randstad in a report on Tuesday, November 3rd. They issued a “strong sell” rating for the company. Zacks Research raised Randstad from a “strong sell” rating to a “hold” rating in a research report on Friday, October 23rd. The Goldman Sachs Group restated a “neutral” rating on shares of Randstad in a research report on Friday, July 24th. Finally, Kepler Capital Markets lowered shares of Randstad from a “hold” rating to a “strong sell” rating in a research note on Monday, October 26th. Five equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce”.

Randstad Stock Performance

The firm has a fifty day moving average price of $21.25 and a two-hundred day moving average price of $17.84. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market capitalization of $8.34 billion, a PE ratio of 21.33 and a beta of 0.92.

Randstad (OTCMKTS:RANJY) last announced 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. The company had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.86 billion. Randstad had a return on equity of 12.12% and a net margin of 1.49%. Research analysts expect that Randstad Holding NV will post 1.48 EPS for the current year.

Randstad Company Profile

Randstad N.V. is a Netherlands-based human resources and talent services company. It connects job seekers with employers and provides workforce solutions to businesses across a range of industries. Its services include temporary and permanent recruitment, professional staffing, recruitment process outsourcing, managed staffing programs, and talent development and career transition support. Randstad also offers in-house workforce management and other HR services designed to help organizations recruit and manage employees.