Randstad (OTCMKTS:RANJY) Downgraded by Kepler Capital Markets to "Strong Sell"

Key Points

• Kepler Capital Markets downgraded Randstad from “hold” to “strong sell,” while the broader analyst consensus remains “Reduce,” with five hold ratings and one sell rating.
• Randstad shares fell 2.3% and opened at $22.50, near their 52-week high of $23.51; the company has a $7.92 billion market capitalization and a P/E ratio of 20.25.
• The company’s latest quarterly results met expectations, reporting $0.43 in earnings per share and $6.86 billion in revenue. Analysts forecast full-year earnings of approximately $1.51 per share.

Randstad (OTCMKTS:RANJY - Get Free Report) was downgraded by analysts at Kepler Capital Markets from a "hold" rating to a "strong sell" rating in a report released on Monday, Zacks reports.

A number of other research firms also recently issued reports on RANJY. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Randstad in a report on Wednesday, September 9th. Citigroup reissued a "neutral" rating on shares of Randstad in a research report on Friday, September 25th. Zacks Research cut shares of Randstad from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 26th. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Randstad in a research report on Thursday. Finally, The Goldman Sachs Group reiterated a "neutral" rating on shares of Randstad in a research note on Friday, July 24th. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Randstad has a consensus rating of "Reduce".

Randstad Stock Down 2.3%

RANJY stock opened at $22.50 on Monday. Randstad has a fifty-two week low of $12.46 and a fifty-two week high of $23.51. The business's 50 day moving average price is $21.29 and its two-hundred day moving average price is $17.51. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.23 and a current ratio of 1.23. The company has a market capitalization of $7.92 billion, a price-to-earnings ratio of 20.25 and a beta of 0.96.

Randstad (OTCMKTS:RANJY - Get Free Report) last released its earnings results on Wednesday, October 21st. The business services provider reported $0.43 EPS for the quarter, meeting analysts' consensus estimates of $0.43. Randstad had a return on equity of 12.12% and a net margin of 1.49%. The company had revenue of $6.86 billion during the quarter, compared to analysts' expectations of $6.86 billion. As a group, analysts forecast that Randstad will post 1.51 earnings per share for the current fiscal year.

About Randstad

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.

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