Adecco SA (OTCMKTS:AHEXY) Receives Average Rating of “Hold” from Brokerages

Shares of Adecco SA (OTCMKTS:AHEXY) have received a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research firms have recently weighed in on AHEXY. BNP Paribas cut Adecco from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Zacks Research downgraded shares of Adecco from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 21st. Sanford C. Bernstein raised shares of Adecco from a “hold” rating to an “outperform” rating in a report on Monday, September 22nd. Jefferies Financial Group downgraded shares of Adecco from a “hold” rating to a “moderate sell” rating in a report on Thursday. Finally, BNP Paribas Exane cut shares of Adecco from an “outperform” rating to a “neutral” rating in a research note on Friday, December 5th.

Adecco Stock Up 1.7%

OTCMKTS AHEXY opened at $14.78 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.78. Adecco has a 12-month low of $11.08 and a 12-month high of $16.89. The company has a 50 day moving average price of $14.42 and a two-hundred day moving average price of $14.86.

Adecco (OTCMKTS:AHEXY) last issued its quarterly earnings data on Thursday, November 6th. The business services provider reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Adecco had a return on equity of 10.98% and a net margin of 1.22%.The business had revenue of $6.63 billion for the quarter, compared to the consensus estimate of $6.68 billion. Research analysts predict that Adecco will post 1.32 EPS for the current 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.