Randstad (OTCMKTS:RANJY) Sees Significant Decline in Short Interest

Randstad (OTCMKTS:RANJY) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 500 shares, a decrease of 61.5% from the January 31st total of 1,300 shares. Based on an average trading volume of 22,200 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

RANJY has been the subject of a number of recent analyst reports. BNP Paribas raised Randstad to a “strong-buy” rating in a research report on Monday, December 16th. Sanford C. Bernstein raised shares of Randstad from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 14th.

Randstad Stock Performance

Shares of RANJY traded down $0.06 on Friday, reaching $19.99. 33,510 shares of the stock traded hands, compared to its average volume of 30,713. Randstad has a 12 month low of $19.30 and a 12 month high of $28.34. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.10 and a quick ratio of 1.10. The stock’s 50-day moving average price is $20.77 and its 200-day moving average price is $22.28. The firm has a market cap of $7.23 billion, a price-to-earnings ratio of 57.10 and a beta of 1.21.

Randstad (OTCMKTS:RANJY) last released its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.12 EPS for the quarter. Randstad had a net margin of 0.53% and a return on equity of 9.79%. Equities analysts forecast that Randstad will post 1.63 EPS for the current fiscal year.

Randstad Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.8427 per share. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Randstad’s previous dividend of $0.53. Randstad’s dividend payout ratio is currently 188.57%.

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.