Randstad (RANJY) Projected to Announce Quarterly Earnings on Wednesday

Randstad (OTCMKTS:RANJY) is anticipated to announce its resultson Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.3514 per share and revenue of $6.6031 billion for the quarter.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06). The company had revenue of $6.48 billion for the quarter, compared to analyst estimates of $5.85 billion. Randstad had a net margin of 1.24% and a return on equity of 11.14%. On average, analysts expect Randstad to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Randstad Stock Performance

Randstad stock opened at $18.61 on Monday. The stock has a 50-day moving average price of $15.50 and a 200 day moving average price of $15.64. Randstad has a 52 week low of $12.46 and a 52 week high of $25.50. The stock has a market cap of $6.55 billion, a PE ratio of 20.43 and a beta of 0.98. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39.

Analysts Set New Price Targets

Separately, Citigroup cut shares of Randstad from a “buy” rating to a “neutral” rating in a research note on Thursday, April 30th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Randstad currently has an average rating of “Reduce”.

About Randstad

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.