Randstad (OTCMKTS:RANJY) Cut to Hold at Kepler Capital Markets

Kepler Capital Markets lowered shares of Randstad (OTCMKTS:RANJY) from a strong-buy rating to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other equities analysts also recently issued reports on the company. Citigroup upgraded Randstad from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 29th. Morgan Stanley downgraded Randstad from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Randstad presently has an average rating of “Moderate Buy”.

Randstad Stock Down 1.7%

Randstad stock opened at $20.77 on Tuesday. The firm has a market cap of $7.51 billion, a price-to-earnings ratio of 86.55 and a beta of 1.03. The business’s 50-day moving average price is $23.50 and its 200 day moving average price is $22.01. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.54. Randstad has a 52 week low of $17.14 and a 52 week high of $25.50.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). The business had revenue of $6.79 billion for the quarter, compared to analysts’ expectations of $5.78 billion. Randstad had a return on equity of 8.81% and a net margin of 0.37%. As a group, sell-side analysts anticipate that Randstad will post 1.63 earnings per share for the current year.

Randstad Company Profile

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.