Randstad (OTCMKTS:RANJY) Upgraded to Hold at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Randstad (OTCMKTS:RANJYFree Report) to a hold rating in a research note published on Friday morning, Zacks.com reports.

Randstad Stock Up 0.9 %

Shares of OTCMKTS:RANJY opened at $24.61 on Friday. The company has a 50 day moving average of $23.72 and a 200-day moving average of $24.75. The stock has a market cap of $8.90 billion, a price-to-earnings ratio of 14.83 and a beta of 1.25. Randstad has a one year low of $22.27 and a one year high of $31.82. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.10 and a quick ratio of 1.10.

Randstad (OTCMKTS:RANJYGet Free Report) last announced its quarterly earnings results on Tuesday, July 23rd. The business services provider reported $0.36 earnings per share for the quarter. Randstad had a net margin of 2.03% and a return on equity of 15.03%. The company had revenue of $6.55 billion for the quarter. On average, sell-side analysts forecast that Randstad will post 1.74 earnings per share for the current year.

Randstad Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, October 16th. Shareholders of record on Friday, September 27th will be given a dividend of $0.5292 per share. The ex-dividend date is Thursday, September 26th. Randstad’s dividend payout ratio (DPR) is presently 60.24%.

About Randstad

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Randstad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Randstad and related companies with MarketBeat.com's FREE daily email newsletter.