Adecco SA (OTCMKTS:AHEXY) Given Consensus Recommendation of “Hold” by Brokerages

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

AHEXY has been the topic of a number of recent research reports. Zacks Research lowered Adecco from a “hold” rating to a “strong sell” rating in a research report on Friday, May 15th. UBS Group lowered Adecco from a “hold” rating to a “sell” rating in a research report on Monday, May 18th. Finally, Citigroup lowered Adecco from a “strong-buy” rating to a “neutral” rating in a research report on Thursday, April 30th.

Adecco Price Performance

Shares of AHEXY stock opened at $10.47 on Friday. Adecco has a fifty-two week low of $9.25 and a fifty-two week high of $16.83. The firm has a market capitalization of $3.64 billion, a price-to-earnings ratio of 9.97, a PEG ratio of 0.87 and a beta of 0.96. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.05 and a current ratio of 1.05. The stock’s 50-day simple moving average is $11.15 and its 200-day simple moving average is $12.96.

Adecco (OTCMKTS:AHEXY) last issued its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. The business had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.55 billion. Adecco had a return on equity of 12.36% and a net margin of 1.31%. As a group, equities analysts forecast that Adecco will post 1.41 earnings per share for the current fiscal year.

About Adecco

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.