Adecco SA (OTCMKTS:AHEXY) Receives Average Rating of “Moderate Buy” from Brokerages

Adecco SA (OTCMKTS:AHEXY) has earned an average rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several research firms have recently issued reports on AHEXY. Jefferies Financial Group downgraded shares of Adecco from a “hold” rating to a “moderate sell” rating in a report on Thursday, January 8th. BNP Paribas Exane downgraded shares of Adecco from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Zacks Research raised shares of Adecco from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th.

Adecco Stock Performance

Shares of AHEXY stock opened at $14.80 on Friday. Adecco has a 12-month low of $11.75 and a 12-month high of $16.89. The business’s fifty day simple moving average is $14.23 and its 200-day simple moving average is $14.71. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.78. The company has a market cap of $4.96 billion, a PE ratio of 15.91, a PEG ratio of 1.15 and a beta of 1.04.

Adecco (OTCMKTS:AHEXY) last posted its quarterly earnings data on Thursday, November 6th. The business services provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Adecco had a return on equity of 10.98% and a net margin of 1.22%.The firm had revenue of $6.63 billion during the quarter, compared to analysts’ expectations of $6.68 billion. Analysts expect that Adecco will post 1.32 earnings per share for the current fiscal year.

Adecco Company Profile

Adecco Group AG is a global human resources and workforce solutions provider headquartered in Zurich, Switzerland. The company specializes in temporary staffing, permanent placement, career transition, and talent development services. Its core business activities include matching job seekers with client companies, managing contingent workforce solutions, and offering consulting services related to workforce management and organizational effectiveness.

Founded in 1996 through the merger of the Swiss companies Adia Interim and ECCO, Adecco has grown into one of the world’s largest staffing firms.