Adecco SA (OTCMKTS:AHEXY) Given Average Recommendation of “Moderate Buy” by Analysts

Adecco SA (OTCMKTS:AHEXY) has earned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, two have issued a buy rating and two have given a strong buy rating to the company.

A number of equities research analysts have weighed in on AHEXY shares. Cfra Research raised shares of Adecco from a “moderate sell” rating to a “hold” rating in a report on Wednesday, August 6th. Zacks Research lowered shares of Adecco from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 21st. Jefferies Financial Group raised shares of Adecco from a “moderate sell” rating to a “hold” rating in a research note on Thursday, September 11th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Adecco in a research note on Tuesday, August 12th. Finally, Sanford C. Bernstein raised shares of Adecco from a “hold” rating to an “outperform” rating in a research note on Monday, September 22nd.

Adecco Trading Up 1.4%

Shares of AHEXY opened at $14.18 on Thursday. Adecco has a twelve month low of $11.08 and a twelve month high of $16.89. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $4.78 billion, a P/E ratio of 15.09, a price-to-earnings-growth ratio of 1.31 and a beta of 1.18. The stock’s fifty day simple moving average is $14.71 and its 200 day simple moving average is $14.58.

Adecco (OTCMKTS:AHEXY) last posted its earnings results on Tuesday, August 5th. The business services provider reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.02). Adecco had a return on equity of 10.94% and a net margin of 1.26%.The business had revenue of $6.71 billion for the quarter, compared to the consensus estimate of $5.72 billion. On average, equities research analysts forecast that Adecco will post 1.32 earnings per share for the current year.

About Adecco

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.