Adecco SA (OTCMKTS:AHEXY) Stock Now Rated “Hold” by Wall Street Brokerages

Adecco SA (OTCMKTS:AHEXY) has received a consensus recommendation of “Hold” from the seven analysts that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company.

AHEXY has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Adecco in a report on Wednesday, September 9th. Zacks Research upgraded Adecco from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. BNP Paribas Exane upgraded shares of Adecco from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Morgan Stanley reissued an “underweight” rating on shares of Adecco in a research report on Tuesday, September 8th. Finally, Jefferies Financial Group upgraded Adecco from a “moderate sell” rating to a “hold” rating in a research report on Thursday, September 10th.

Adecco Price Performance

Adecco stock opened at $12.59 on Thursday. The stock has a market cap of $4.37 billion, a P/E ratio of 12.47, a price-to-earnings-growth ratio of 1.24 and a beta of 0.94. The company has a fifty day simple moving average of $14.48 and a 200-day simple moving average of $12.32. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.86. Adecco has a 12-month low of $8.98 and a 12-month high of $16.26.

Adecco (OTCMKTS:AHEXY) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.05. The company had revenue of $6.93 billion for the quarter, compared to analysts’ expectations of $6.83 billion. Adecco had a return on equity of 12.67% and a net margin of 1.25%. Equities analysts expect that Adecco will post 1.42 EPS for the current fiscal year.

Adecco Company Profile

Adecco is a global workforce solutions and talent advisory company headquartered in Zurich, Switzerland. It helps organizations recruit, place and manage employees across a range of industries, while also supporting job seekers with career opportunities, skills development and workforce guidance.

The company’s services include temporary and permanent staffing, recruitment, career transition and outplacement, talent development, outsourcing and workforce consulting. Adecco operates through brands and business lines that include Adecco for staffing and recruitment, Akkodis for technology and engineering consulting, and LHH for professional recruitment, leadership development and career transition services.

Adecco traces its history to the 1996 merger of the Swiss staffing company Adia and France’s Ecco.