Randstad (OTCMKTS:RANJY) Shares Gap Down – Should You Sell?

Randstad Holding NV (OTCMKTS:RANJY)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $19.06, but opened at $18.44. Randstad shares last traded at $18.44, with a volume of 231 shares traded.

Wall Street Analysts Forecast Growth

RANJY has been the subject of a number of recent research reports. Morgan Stanley lowered Randstad from an “equal weight” rating to an “underweight” rating in a report on Wednesday, September 10th. Kepler Capital Markets cut Randstad from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 16th. Finally, Zacks Research raised Randstad from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 9th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Randstad Stock Performance

The company has a market capitalization of $6.48 billion, a price-to-earnings ratio of 96.89 and a beta of 0.89. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.18 and a quick ratio of 1.18. The stock has a 50 day simple moving average of $19.63 and a two-hundred day simple moving average of $21.69.

Randstad (OTCMKTS:RANJY) last released its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04. Randstad had a return on equity of 8.92% and a net margin of 0.29%.The business had revenue of $6.74 billion for the quarter, compared to the consensus estimate of $6.75 billion. As a group, analysts anticipate that Randstad Holding NV will post 1.63 earnings per share 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.