Randstad (OTCMKTS:RANJY) Downgraded to "Hold" Rating by Kepler Capital Markets

Key Points

• Kepler Capital Markets downgraded Randstad from a "strong-buy" rating to a "hold" rating, reflecting a shift in analyst sentiment towards the stock.
• The company's most recent quarterly earnings report showed an EPS of $0.27, missing estimates by $0.08, while revenue of $6.79 billion exceeded expectations.
• Randstad's stock currently holds an average rating of "Moderate Buy", with varying ratings from other analysts, indicating a mixed outlook for investors.

Kepler Capital Markets lowered shares of Randstad (OTCMKTS:RANJY - Free Report) from a strong-buy rating to a hold rating in a report published on Tuesday morning,Zacks.com reports.

Other equities research analysts have also issued research reports about the company. Citigroup raised Randstad from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 29th. Morgan Stanley lowered Randstad from an "equal weight" rating to an "underweight" rating in a report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy".

Randstad Stock Performance

Shares of OTCMKTS RANJY traded up $0.16 during mid-day trading on Tuesday, hitting $20.69. 14,810 shares of the company were exchanged, compared to its average volume of 5,253. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.54. The stock has a 50 day simple moving average of $23.35 and a 200-day simple moving average of $21.99. Randstad has a 1-year low of $17.14 and a 1-year high of $25.50. The firm has a market cap of $7.48 billion, a price-to-earnings ratio of 86.21 and a beta of 1.03.

Randstad (OTCMKTS:RANJY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.08). Randstad had a return on equity of 8.81% and a net margin of 0.37%.The company had revenue of $6.79 billion for the quarter, compared to analyst estimates of $5.78 billion. On average, sell-side analysts forecast that Randstad 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.