Randstad (OTCMKTS:RANJY) Shares Gap Up – Still a Buy?

Shares of Randstad Holding NV (OTCMKTS:RANJY) gapped up before the market opened on Monday . The stock had previously closed at $15.75, but opened at $17.03. Randstad shares last traded at $17.17, with a volume of 900 shares traded.

Analyst Ratings Changes

Separately, Citigroup lowered Randstad from a “buy” rating to a “neutral” rating in a research report on Thursday, April 30th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Randstad presently has an average rating of “Reduce”.

Randstad Trading Up 6.0%

The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $6.08 billion, a P/E ratio of 18.96 and a beta of 0.98. The firm’s 50-day moving average price is $15.22 and its 200 day moving average price is $15.66.

Randstad (OTCMKTS:RANJY) last released its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.30 earnings per share (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%. As a group, equities research analysts predict that Randstad Holding NV will post 1.8 earnings per share for the current year.

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.