Randstad Holding NV (OTCMKTS:RANJY) Given Average Recommendation of “Reduce” by Brokerages

Randstad Holding NV (OTCMKTS:RANJY) has been given a consensus rating of “Reduce” by the seven research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company.

A number of brokerages have recently commented on RANJY. Citigroup cut Randstad from a “buy” rating to a “neutral” rating in a research report on Thursday, April 30th. The Goldman Sachs Group reissued a “neutral” rating on shares of Randstad in a report on Friday, July 24th. Royal Bank Of Canada restated a “sector perform” rating on shares of Randstad in a research note on Thursday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Randstad in a report on Thursday, July 23rd.

Randstad Price Performance

Randstad stock opened at $22.73 on Monday. Randstad has a 12 month low of $12.46 and a 12 month high of $24.38. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. The business’s 50 day simple moving average is $18.03 and its 200 day simple moving average is $16.12. The company has a market cap of $8.00 billion, a price-to-earnings ratio of 22.04 and a beta of 0.94.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.01. Randstad had a return on equity of 11.78% and a net margin of 1.39%.The business had revenue of $6.73 billion during the quarter, compared to analyst estimates of $6.60 billion. Sell-side analysts forecast that Randstad will post 1.8 EPS for the current 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.