Randstad (RANJY) to Announce Earnings on Wednesday

Randstad (OTCMKTS:RANJY) will likely be issuing its resultson Wednesday, July 22nd. Analysts expect the company to post 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 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.06). Randstad had a return on equity of 11.14% and a net margin of 1.24%.The firm had revenue of $6.48 billion for the quarter, compared to analyst estimates of $5.85 billion. On average, analysts expect Randstad to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Randstad Price Performance

Shares of OTCMKTS RANJY opened at $18.64 on Tuesday. Randstad has a twelve month low of $12.46 and a twelve month high of $25.50. The firm has a fifty day simple moving average of $15.57 and a 200 day simple moving average of $15.63. The company has a market capitalization of $6.56 billion, a PE ratio of 20.47 and a beta of 0.98. The company has a quick ratio of 1.14, a current 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 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 company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce”.

Randstad Company Profile

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.