Randstad (OTCMKTS:RANJY) Upgraded by BNP Paribas to Strong-Buy Rating

Randstad (OTCMKTS:RANJY) was upgraded by analysts at BNP Paribas to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Separately, Royal Bank of Canada upgraded shares of Randstad to a “hold” rating in a research note on Friday, October 4th.

Randstad Price Performance

Randstad stock traded down $0.77 during mid-day trading on Monday, hitting $20.45. 29,588 shares of the company were exchanged, compared to its average volume of 14,668. Randstad has a 12-month low of $20.45 and a 12-month high of $31.82. The business’s 50 day simple moving average is $22.51 and its two-hundred day simple moving average is $23.45. The company has a market capitalization of $7.40 billion, a P/E ratio of 15.73 and a beta of 1.21. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.10 and a quick ratio of 1.10.

Randstad (OTCMKTS:RANJY) last announced its earnings results on Tuesday, October 22nd. The business services provider reported $0.38 earnings per share for the quarter. The firm had revenue of $6.61 billion for the quarter. Randstad had a return on equity of 14.31% and a net margin of 1.79%. Analysts forecast that Randstad will post 1.57 earnings per share for the current fiscal year.

About Randstad

Randstad N.V. provides solutions in the field of work and human resources (HR) services. The company provides temporary staffing and permanent placement services; job posting; and résumé services on digital platforms. It offers inhouse, enterprise and digital, and tech suite services. In addition, the company provides managed services programs, recruitment process outsourcing, outplacement and career development, and online talent acquisition.