Randstad (OTCMKTS:RANJY) Shares Gap Up – Should You Buy?

Randstad Holding NV (OTCMKTS:RANJY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $13.40, but opened at $14.28. Randstad shares last traded at $14.2820, with a volume of 885 shares traded.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group downgraded Randstad from a “strong-buy” rating to a “moderate sell” rating in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Randstad Price Performance

The company has a fifty day moving average of $14.82 and a 200-day moving average of $17.69. The firm has a market cap of $5.03 billion, a P/E ratio of 15.19 and a beta of 0.92. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.21 and a quick ratio of 1.18.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.04. The firm had revenue of $6.93 billion during the quarter, compared to the consensus estimate of $6.83 billion. Randstad had a return on equity of 11.47% and a net margin of 1.30%. On average, sell-side analysts anticipate that Randstad Holding NV will post 1.63 EPS 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.