Randstad (OTCMKTS:RANJY) Sets New 52-Week Low – Should You Sell?

Randstad Holding NV (OTCMKTS:RANJY)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as $12.85 and last traded at $13.0450, with a volume of 105817 shares traded. The stock had previously closed at $13.61.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Jefferies Financial Group cut shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a research report on Thursday, January 8th. Zacks Research upgraded shares of Randstad from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Randstad Stock Performance

The business has a fifty day simple moving average of $15.78 and a 200-day simple moving average of $18.28. The company has a quick ratio of 1.18, a current ratio of 1.21 and a debt-to-equity ratio of 0.39. The firm has a market cap of $4.59 billion, a P/E ratio of 13.86 and a beta of 0.92.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.41 by $0.04. Randstad had a return on equity of 11.47% and a net margin of 1.30%.The business had revenue of $6.93 billion during the quarter, compared to analyst estimates of $6.83 billion. On average, sell-side analysts predict that Randstad Holding NV will post 1.63 EPS for the current fiscal year.

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.