Short Interest in Randstad Holding NV (OTCMKTS:RANJY) Declines By 48.9%

Key Points

• Short interest in Randstad Holding NV decreased by 48.9% to 2,300 shares as of September 15th, indicating a significant drop from the previous total of 4,500 shares.
• Market analysts have mixed views on Randstad, with ratings of "Strong Buy," "Hold," and "Underweight" leading to a consensus rating of "Moderate Buy."
• Despite missing earnings expectations with $0.27 EPS, Randstad reported higher-than-expected revenue of $6.79 billion for the quarter.

Randstad Holding NV (OTCMKTS:RANJY - Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 2,300 shares, a drop of 48.9% from the August 31st total of 4,500 shares. Based on an average daily trading volume, of 11,700 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 11,700 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on RANJY shares. Kepler Capital Markets cut shares of Randstad from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 16th. Morgan Stanley cut shares of Randstad from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, September 10th. Finally, Citigroup upgraded shares of Randstad from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Randstad has a consensus rating of "Moderate Buy".

Randstad Stock Up 1.3%

OTCMKTS:RANJY opened at $21.76 on Friday. Randstad has a 1-year low of $17.14 and a 1-year high of $25.50. The company has a 50-day moving average of $22.74 and a 200 day moving average of $21.89. The firm has a market cap of $7.87 billion, a PE ratio of 90.65 and a beta of 1.03. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.26 and a quick ratio of 1.26.

Randstad (OTCMKTS:RANJY - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $0.27 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 analysts' expectations 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 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.

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