Randstad (OTCMKTS:RANJY) Rating Lowered to Sell at Zacks Investment Research

Randstad (OTCMKTS:RANJY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Thursday, Zacks.com reports.

According to Zacks, “Randstad Holding NV operates as a global provider of HR services including temporary staffing, permanent placement, recruitment of middle and senior managers, on site consulting, seconded specialists and specialized HR services. Its staffing segment service comprise of temporary staffing, permanent placement and (high-volume) specialties; the inhouse service segment specializes in the provision of high-volume, skilled flexible labor; aimed at improving labor flexibility, retention, productivity and efficiency while HR solutions & managed services segment offers a comprehensive range of HR project management, HR management and HR consultancy services. The Company also recruits supervisors, managers, professionals, interim specialists and consultants with professional qualifications for middle and senior management positions. Randstad Holding NV is headquartered in Diemen, the Netherlands. “

Separately, Morgan Stanley reaffirmed an “equal weight” rating on shares of Randstad in a report on Wednesday, December 1st. Four research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $38.00.

RANJY opened at $35.53 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market capitalization of $13.07 billion, a PE ratio of 15.12 and a beta of 1.42. The business’s 50-day moving average is $33.80 and its two-hundred day moving average is $35.52. Randstad has a 1 year low of $30.91 and a 1 year high of $40.44.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings results on Thursday, October 21st. The business services provider reported $0.69 earnings per share for the quarter. The business had revenue of $7.40 billion during the quarter. Randstad had a return on equity of 16.11% and a net margin of 3.10%. As a group, sell-side analysts expect that Randstad will post 2.36 EPS for the current year.

About Randstad

Randstad NV engages in the provision of solutions in the fields of flexible work and human resources services. It operates through the following segments: Staffing, Professionals, and Executive Search. The Staffing segment recruits candidates for manufacturing, logistics and administrative jobs. Its service portfolio includes Inhouse, Recruitment Process Outsourcing (RPO), Managed Services Programs (MSP), Payrolling, Outsourcing, and Outplacement.

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