Randstad (OTCMKTS:RANJY) Shares Gap Down - Should You Sell?

Key Points

• Randstad's stock price significantly dropped from $21.26 to $19.74 prior to trading, following various analyst downgrades.
• Analysts' opinions on Randstad vary, with two rating it as a Strong Buy, while others have assigned Sell and Hold ratings, resulting in a consensus of "Hold."
• The company reported an EPS of $0.27 for its last quarter, missing expectations, while achieving revenue of $6.79 billion, exceeding forecasts by over $1 billion.

Randstad Holding NV (OTCMKTS:RANJY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $21.26, but opened at $19.74. Randstad shares last traded at $19.74, with a volume of 432 shares traded.

Analysts Set New Price Targets

Several research firms recently commented on RANJY. Morgan Stanley cut Randstad from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, September 10th. Kepler Capital Markets cut Randstad from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 16th. Zacks Research cut Randstad from a "hold" rating to a "strong sell" rating in a research note on Monday, October 13th. Finally, Citigroup upgraded Randstad from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold".

Randstad Price Performance

The company has a 50 day simple moving average of $22.18 and a 200-day simple moving average of $21.90. The stock has a market cap of $7.19 billion, a price-to-earnings ratio of 82.84 and a beta of 1.03. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.54.

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). The firm had revenue of $6.79 billion for the quarter, compared to analyst estimates of $5.78 billion. Randstad had a net margin of 0.37% and a return on equity of 8.81%. As a group, research analysts anticipate that Randstad Holding NV will post 1.63 EPS 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.

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