Randstad Holding NV (OTCMKTS:RANJY) Short Interest Up 855.6% in July

Key Points

• Randstad Holding NV experienced a significant rise in short interest of 855.6% in July, with a total of 8,600 shares shorted by the end of the month.
• Despite reporting revenues of $6.79 billion for the quarter, Randstad missed earnings per share estimates, posting just $0.27 compared to the expected $0.35.
• Analyst ratings show mixed sentiment, with BNP Paribas downgrading Randstad from "strong-buy" to "hold," while Citigroup upgraded it from "hold" to "strong-buy."

Randstad Holding NV (OTCMKTS:RANJY - Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 8,600 shares, agrowthof855.6% from the July 15th total of 900 shares. Based on an average daily volume of 34,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately0.0% of the shares of the company are short sold. Approximately0.0% of the shares of the company are short sold. Based on an average daily volume of 34,500 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

A number of research firms have recently weighed in on RANJY. BNP Paribas lowered shares of Randstad from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 12th. Citigroup raised Randstad from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 29th.

Randstad Stock Performance

Shares of OTCMKTS RANJY traded down $0.40 during midday trading on Monday, reaching $23.47. 6,712 shares of the stock were exchanged, compared to its average volume of 11,727. The firm has a 50-day simple moving average of $23.50 and a two-hundred day simple moving average of $21.67. Randstad has a twelve month low of $17.14 and a twelve month high of $25.50. The firm has a market cap of $8.49 billion, a price-to-earnings ratio of 97.80 and a beta of 1.05. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.49.

Randstad (OTCMKTS:RANJY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by ($0.08). Randstad had a net margin of 0.37% and a return on equity of 8.78%. The firm had revenue of $6.79 billion during the quarter, compared to analysts' expectations of $5.78 billion. As a group, analysts anticipate that Randstad will post 1.63 EPS for the current fiscal year.

About Randstad

Randstad N.V. provides solutions in the field of work and human resources (HR) services. The company provides temporary staffing and permanent placement services; job posting; and résumé services on digital platforms. It offers inhouse, enterprise and digital, and tech suite services. In addition, the company provides managed services programs, recruitment process outsourcing, outplacement and career development, and online talent acquisition.