Randstad (OTCMKTS:RANJY) Short Interest Update

Randstad (OTCMKTS:RANJY) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,100 shares, an increase of 37.5% from the April 30th total of 800 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 14,400 shares, the days-to-cover ratio is presently 0.1 days.

Randstad Stock Performance

RANJY opened at $20.72 on Wednesday. The stock has a market cap of $7.50 billion, a PE ratio of 59.20 and a beta of 1.04. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.24. Randstad has a 1 year low of $17.14 and a 1 year high of $26.53. The stock’s 50 day simple moving average is $20.10 and its 200-day simple moving average is $20.91.

Randstad (OTCMKTS:RANJY) last released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.31 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.31. Randstad had a return on equity of 9.79% and a net margin of 0.53%. The business had revenue of $6.42 billion for the quarter, compared to analysts’ expectations of $5.57 billion. Sell-side analysts forecast that Randstad will post 1.63 EPS for the current year.

Analysts Set New Price Targets

RANJY has been the subject of a number of research analyst reports. Sanford C. Bernstein upgraded Randstad from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 14th. BNP Paribas lowered Randstad from a “strong-buy” rating to a “hold” rating in a report on Monday, May 12th.

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.