Adecco SA (OTCMKTS:AHEXY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

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

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

Adecco Price Performance

Adecco stock opened at $14.64 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.78. Adecco has a 52-week low of $11.75 and a 52-week high of $16.89. The firm has a market cap of $4.90 billion, a PE ratio of 15.75, a price-to-earnings-growth ratio of 1.08 and a beta of 1.04. The company’s 50 day moving average is $14.19 and its two-hundred day moving average is $14.71.

Adecco (OTCMKTS:AHEXY) last posted its quarterly earnings results on Thursday, November 6th. The business services provider reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. The company had revenue of $6.63 billion during the quarter, compared to analysts’ expectations of $6.68 billion. Adecco had a net margin of 1.22% and a return on equity of 10.98%. On average, research analysts expect that Adecco will post 1.32 EPS 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.