Randstad (OTCMKTS:RANJY) Shares Gap Up - Here's What Happened

Key Points

• Randstad gapped up Monday, opening at $14.14 after a $13.23 close and last trading at $14.09 on a light volume of 4,155 shares.
• The company beat quarterly estimates—EPS $0.45 vs. $0.41 and revenue $6.93B vs. $6.83B—and analysts expect $1.63 EPS for the year.
• Analyst sentiment is mixed with an average rating of "Hold" (1 Strong Buy, 3 Hold, 1 Sell), while the stock trades below its 50‑day ($16.40) and 200‑day ($18.74) moving averages.

Shares of Randstad Holding NV (OTCMKTS:RANJY - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $13.23, but opened at $14.14. Randstad shares last traded at $14.09, with a volume of 4,155 shares traded.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Zacks Research raised shares of Randstad from a "strong sell" rating to a "hold" rating in a research note on Tuesday, December 9th. Jefferies Financial Group cut shares of Randstad from a "strong-buy" rating to a "moderate sell" rating in a research note on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Randstad has an average rating of "Hold".

Randstad Price Performance

The company has a market cap of $4.96 billion, a P/E ratio of 14.98 and a beta of 0.88. The firm's 50-day moving average is $16.40 and its two-hundred day moving average is $18.74. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.21 and a quick ratio of 1.18.

Randstad (OTCMKTS:RANJY - Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.41 by $0.04. Randstad had a net margin of 1.30% and a return on equity of 11.47%. The business had revenue of $6.93 billion during the quarter, compared to analyst estimates of $6.83 billion. Analysts anticipate that Randstad Holding NV will post 1.63 earnings per share for the current year.

Randstad Company Profile

Randstad N.V. OTCMKTS: RANJY is a leading global provider of human resource services and workforce solutions. Headquartered in Diemen, Netherlands, the company specializes in connecting organizations with both temporary and permanent talent across a wide range of industries, including administrative, industrial, finance, engineering, healthcare and IT sectors.

The company's service offering encompasses staffing and recruitment, inhouse services, professional and executive search, and managed services such as recruitment process outsourcing (RPO) and workforce management.

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