Randstad (RANJY) Projected to Post Earnings on Wednesday

Key Points

• Randstad is projected to announce earnings of $0.37 per share for the quarter on October 22nd, following a previous quarter's earnings of $0.27 per share which missed estimates.
• The company's stock is currently trading at $21.67, reflecting a market capitalization of $7.84 billion and a PE ratio of 90.30.
• Analyst ratings for Randstad vary, with a recent downgrade by Morgan Stanley and a Moderate Buy average rating from multiple investment analysts.

Randstad (OTCMKTS:RANJY - Get Free Report) is expected to issue its results before the market opens on Wednesday, October 22nd. Analysts expect the company to announce earnings of $0.37 per share for the quarter.

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 analysts' consensus estimates of $0.35 by ($0.08). The company had revenue of $6.79 billion during the quarter, compared to analysts' expectations of $5.78 billion. Randstad had a net margin of 0.37% and a return on equity of 8.81%. On average, analysts expect Randstad to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Randstad Trading Down 1.0%

Shares of Randstad stock opened at $21.67 on Wednesday. The firm has a market capitalization of $7.84 billion, a PE ratio of 90.30 and a beta of 1.03. Randstad has a twelve month low of $17.14 and a twelve month high of $25.50. The firm's 50-day moving average price is $22.43 and its 200 day moving average price is $21.86. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.54.

Analyst Upgrades and Downgrades

RANJY has been the topic of a number of research reports. Morgan Stanley lowered shares of Randstad from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, September 10th. Kepler Capital Markets downgraded shares of Randstad from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 16th. Finally, Citigroup upgraded shares of Randstad from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued 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".

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.

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