Short Interest in Randstad (OTCMKTS:RANJY) Increases By 463.6%

Randstad (OTCMKTS:RANJY - Get Free Report) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 6,200 shares, a growth of 463.6% from the May 15th total of 1,100 shares. Based on an average daily trading volume, of 11,500 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company's stock are sold short.

Analysts Set New Price Targets

Several equities analysts recently commented on RANJY shares. Sanford C. Bernstein raised Randstad from a "strong sell" rating to a "strong-buy" rating in a report on Friday, February 14th. BNP Paribas downgraded shares of Randstad from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 12th.

Randstad Price Performance

Shares of RANJY traded down $0.47 during mid-day trading on Friday, reaching $21.67. 7,432 shares of the company's stock were exchanged, compared to its average volume of 23,112. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.24. Randstad has a 52-week low of $17.14 and a 52-week high of $25.14. The company has a 50-day simple moving average of $20.35 and a two-hundred day simple moving average of $20.91. The company has a market cap of $7.84 billion, a price-to-earnings ratio of 61.92 and a beta of 1.03.

Randstad (OTCMKTS:RANJY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.31 earnings per share for the quarter, hitting 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 net margin of 0.53% and a return on equity of 9.79%. On average, sell-side analysts predict 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.