Randstad Holding NV (OTCMKTS:RANJY) Shares Shorted: Short Interest Down 45.6% in October

Randstad Holding NV (OTCMKTS:RANJY) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 2,100 shares, a decline of 45.6% from the September 30th total of 3,861 shares. Based on an average daily volume of 11,925 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Randstad Stock Up 3.0%

Shares of OTCMKTS:RANJY traded up $0.68 during trading on Monday, reaching $23.39. 5,517 shares of the stock were exchanged, compared to its average volume of 40,244. Randstad has a 1-year low of $12.46 and a 1-year high of $23.51. The firm has a market cap of $8.23 billion, a price-to-earnings ratio of 21.05 and a beta of 0.96. The stock has a fifty day moving average of $21.28 and a two-hundred day moving average of $17.61. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.23 and a quick ratio of 1.23.

Randstad (OTCMKTS:RANJY) last posted its earnings results on Wednesday, October 21st. The business services provider reported $0.43 EPS for the quarter, hitting the consensus estimate of $0.43. Randstad had a net margin of 1.49% and a return on equity of 12.12%. The company had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.86 billion. Research analysts anticipate that Randstad will post 1.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on RANJY shares. Citigroup restated a “neutral” rating on shares of Randstad in a research note on Friday, September 25th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Randstad in a report on Friday, July 24th. Zacks Research upgraded Randstad from a “strong sell” rating to a “hold” rating in a research note on Friday, October 23rd. Royal Bank Of Canada restated a “sector perform” rating on shares of Randstad in a research report on Thursday, October 22nd. Finally, Kepler Capital Markets cut Randstad from a “hold” rating to a “strong sell” rating in a report on Monday, October 26th. Five analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Randstad presently has a consensus rating of “Reduce”.

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.