Randstad (OTCMKTS:RANJY) Reaches New 12-Month High - Here's Why

Key Points

• Randstad Holding NV achieved a new **52-week high** of $25.50 during mid-day trading, with a significant trading volume of 1,630 shares.
• BNP Paribas downgraded Randstad from a "**strong-buy**" rating to a "**hold**" rating, signaling cautious sentiment from analysts.
• Despite exceeding revenue expectations with **$6.79 billion** for the quarter, Randstad reported an **EPS** of $0.27, missing the consensus estimate of $0.35.
• The company's **market cap** is valued at **$9.22 billion**, with financial ratios indicating a relatively high price-to-earnings ratio of **106.25**.

Randstad Holding NV (OTCMKTS:RANJY - Get Free Report) shares hit a new 52-week high on Friday . The company traded as high as $25.50 and last traded at $25.50, with a volume of 1630 shares traded. The stock had previously closed at $24.73.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas cut shares of Randstad from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 12th.

Randstad Price Performance

The company's 50 day moving average price is $22.62 and its 200-day moving average price is $21.39. The company has a market capitalization of $8.91 billion, a PE ratio of 102.61 and a beta of 1.05. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.49.

Randstad (OTCMKTS:RANJY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.08). Randstad had a net margin of 0.37% and a return on equity of 8.78%. The company had revenue of $6.79 billion for the quarter, compared to analysts' expectations of $5.78 billion. On average, sell-side analysts forecast that Randstad Holding NV will post 1.63 earnings per share for the current fiscal year.

Randstad Company Profile

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.