Adecco Group AG (OTCMKTS:AHEXY) Receives Average Rating of “Buy” from Analysts

Shares of Adecco Group AG (OTCMKTS:AHEXY) have earned a consensus recommendation of “Buy” from the five ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, one has given a buy rating and three have given a strong buy rating to the company.

Several brokerages recently commented on AHEXY. The Goldman Sachs Group raised Adecco Group from a “hold” rating to a “strong-buy” rating in a report on Friday, March 28th. BNP Paribas raised Adecco Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 14th.

Adecco Group Price Performance

Shares of OTCMKTS AHEXY opened at $13.65 on Wednesday. The firm’s 50-day simple moving average is $13.82 and its 200 day simple moving average is $13.24. The stock has a market cap of $4.60 billion, a P/E ratio of 14.22, a P/E/G ratio of 3.66 and a beta of 1.18. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.78. Adecco Group has a fifty-two week low of $11.08 and a fifty-two week high of $19.59.

Adecco Group (OTCMKTS:AHEXY) last released its quarterly earnings results on Thursday, May 8th. The business services provider reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. The company had revenue of $6.34 billion for the quarter, compared to the consensus estimate of $5.49 billion. Adecco Group had a net margin of 1.28% and a return on equity of 12.71%. Equities analysts expect that Adecco Group will post 1.32 EPS for the current year.

Adecco Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, April 25th were paid a $0.3169 dividend. The ex-dividend date was Thursday, April 24th. This represents a dividend yield of 2.4%. Adecco Group’s dividend payout ratio is currently 34.78%.

Adecco Group Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.