Short Interest in Randstad (OTCMKTS:RANJY) Increases By 37.5%

Randstad (OTCMKTS:RANJY - Get Free Report) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 1,100 shares, a growth of 37.5% from the April 30th total of 800 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 14,400 shares, the short-interest ratio is presently 0.1 days.

Randstad Price Performance

Randstad stock traded down $0.22 during midday trading on Tuesday, reaching $20.72. 8,124 shares of the company were exchanged, compared to its average volume of 24,569. The company has a market capitalization of $7.50 billion, a price-to-earnings ratio of 59.20 and a beta of 1.04. The firm's 50-day simple moving average is $20.13 and its 200-day simple moving average is $20.92. Randstad has a 1 year low of $17.14 and a 1 year high of $26.53. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.10 and a current ratio of 1.10.

Randstad (OTCMKTS:RANJY - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.31 earnings per share for the quarter, meeting the consensus estimate of $0.31. The business had revenue of $6.42 billion for the quarter, compared to analyst estimates of $5.57 billion. Randstad had a return on equity of 9.79% and a net margin of 0.53%. On average, analysts anticipate that Randstad will post 1.63 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on RANJY shares. BNP Paribas cut shares of Randstad from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 12th. Sanford C. Bernstein upgraded shares of Randstad from a "strong sell" rating to a "strong-buy" rating in a research note on Friday, February 14th.

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.