Randstad (RANJY) Expected to Post Earnings on Wednesday

Randstad (OTCMKTS:RANJY) is expected to be announcing its resultson Wednesday, July 22nd. Analysts expect Randstad to announce earnings of $0.3535 per share and revenue of $6.6026 billion for the quarter.

Randstad (OTCMKTS:RANJY) last issued its 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). Randstad had a net margin of 1.24% and a return on equity of 11.14%. The company had revenue of $6.48 billion during 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 Stock Performance

Shares of RANJY stock opened at $17.03 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. Randstad has a one year low of $12.46 and a one year high of $25.50. The company’s 50-day simple moving average is $15.31 and its 200-day simple moving average is $15.64. The stock has a market capitalization of $6.00 billion, a price-to-earnings ratio of 18.70 and a beta of 0.98.

Analysts Set New Price Targets

Separately, Citigroup lowered Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock 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.