Randstad (OTCMKTS:RANJY) Lowered to “Sell” at Zacks Investment Research

Randstad (OTCMKTS:RANJYGet Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a research report issued on Thursday, Zacks.com reports.

According to Zacks, “Randstad Holding NV operates as a global provider of HR services including temporary staffing, permanent placement, recruitment of middle and senior managers, on site consulting, seconded specialists and specialized HR services. Its staffing segment service comprise of temporary staffing, permanent placement and (high-volume) specialties; the inhouse service segment specializes in the provision of high-volume, skilled flexible labor; aimed at improving labor flexibility, retention, productivity and efficiency while HR solutions & managed services segment offers a comprehensive range of HR project management, HR management and HR consultancy services. The Company also recruits supervisors, managers, professionals, interim specialists and consultants with professional qualifications for middle and senior management positions. Randstad Holding NV is headquartered in Diemen, the Netherlands. “

Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. raised Randstad from an “underweight” rating to a “neutral” rating in a research report on Wednesday, April 20th. Credit Suisse Group upped their price target on Randstad from €64.00 ($67.37) to €69.00 ($72.63) and gave the stock an “outperform” rating in a research report on Thursday, February 17th. HSBC raised Randstad from a “hold” rating to a “buy” rating in a research report on Wednesday, April 6th. Kepler Capital Markets downgraded Randstad from a “hold” rating to a “reduce” rating and set a €45.00 ($47.37) price target on the stock. in a research report on Thursday, April 7th. Finally, Exane BNP Paribas raised Randstad from an “underperform” rating to a “neutral” rating in a research report on Tuesday, April 19th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Randstad presently has a consensus rating of “Hold” and an average target price of $53.00.

Randstad stock opened at $27.15 on Thursday. The business has a fifty day moving average of $29.68 and a two-hundred day moving average of $32.83. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.14. The firm has a market cap of $9.99 billion, a P/E ratio of 9.35 and a beta of 1.34. Randstad has a twelve month low of $25.53 and a twelve month high of $40.44.

Randstad (OTCMKTS:RANJYGet Rating) last posted its earnings results on Tuesday, February 15th. The business services provider reported $0.79 earnings per share for the quarter. The company had revenue of $7.72 billion during the quarter. Randstad had a return on equity of 18.42% and a net margin of 3.18%. Equities analysts expect that Randstad will post 2.79 earnings per share for the current year.

Randstad Company Profile (Get Rating)

Randstad N.V. provides solutions in the field of work and human resources (HR) services. It offers temporary staffing and permanent placement services for the light industrial, office and administrative, manufacturing and logistics, and other specialty areas, as well as payroll services. The company also offers on-site solutions for managing a client's workforce with specific skill sets and a fluctuating level of demand for the fast-moving consumer goods, automotive, life sciences, contact centers, manufacturing, and logistics, as well as the administrative and professional segments.

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