Randstad Holding NV (OTCMKTS:RANJY) Stock Rated "Reduce" by Wall Street Brokerages

Key Points

• Analysts broadly recommend reducing exposure to Randstad: Six brokerages rate the stock, with one sell rating and five hold ratings. Kepler Capital Markets recently downgraded it to “strong sell,” while other firms maintained neutral or hold views.
• Shares opened at $22.71, near their 12-month high of $23.51 and above both the 50-day ($21.28) and 200-day ($17.61) moving averages. Randstad has a market capitalization of approximately $7.99 billion and a P/E ratio of 20.44.
• Randstad met quarterly expectations, reporting $0.43 EPS and $6.86 billion in revenue. Analysts expect full-year earnings of approximately $1.48 per share.

Shares of Randstad Holding NV (OTCMKTS:RANJY - Get Free Report) have been given an average recommendation of "Reduce" by the six brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company.

Several equities research analysts recently commented on the company. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Randstad in a research report on Thursday, October 22nd. Zacks Research raised Randstad from a "strong sell" rating to a "hold" rating in a research report on Friday, October 23rd. The Goldman Sachs Group restated a "neutral" rating on shares of Randstad in a research note on Friday, July 24th. Citigroup restated a "neutral" rating on shares of Randstad in a research note on Friday, September 25th. Finally, Kepler Capital Markets downgraded shares of Randstad from a "hold" rating to a "strong sell" rating in a report on Monday, October 26th.

Randstad Stock Performance

Shares of RANJY opened at $22.71 on Friday. The business's fifty day simple moving average is $21.28 and its two-hundred day simple moving average is $17.61. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.41. Randstad has a 12 month low of $12.46 and a 12 month high of $23.51. The company has a market cap of $7.99 billion, a price-to-earnings ratio of 20.44 and a beta of 0.96.

Randstad (OTCMKTS:RANJY - Get Free Report) last posted its earnings results on Wednesday, October 21st. The business services provider reported $0.43 EPS for the quarter, hitting analysts' consensus estimates of $0.43. Randstad had a return on equity of 12.12% and a net margin of 1.49%. The business had revenue of $6.86 billion during the quarter, compared to analyst estimates of $6.86 billion. Research analysts anticipate that Randstad will post 1.48 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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