Randstad (OTCMKTS:RANJY) Sets New 52-Week High – Time to Buy?

Randstad Holding NV (OTCMKTS:RANJY – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $23.45 and last traded at $23.45, with a volume of 551 shares changing hands. The stock had previously closed at $23.42.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Zacks Research lowered Randstad from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Randstad in a research note on Thursday, July 23rd. The Goldman Sachs Group reissued a “neutral” rating on shares of Randstad in a report on Friday, July 24th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Randstad in a research report on Thursday, July 23rd. Five equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Randstad has a consensus rating of “Reduce”.

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Read Our Latest Analysis on Randstad

Randstad Trading Down 3.8%

The firm has a 50-day moving average of $20.00 and a 200 day moving average of $16.62. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $7.84 billion, a price-to-earnings ratio of 21.61 and a beta of 0.95.

Randstad (OTCMKTS:RANJY – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The business had revenue of $6.73 billion for the quarter, compared to analysts’ expectations of $6.60 billion. Randstad had a net margin of 1.39% and a return on equity of 11.76%. As a group, equities analysts predict that Randstad Holding NV will post 1.51 EPS for the current fiscal year.

About Randstad

(Get Free Report)

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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