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

Adecco SA (OTCMKTS:AHEXY) has earned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and two have given a strong buy rating to the company.

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

Adecco Price Performance

OTCMKTS AHEXY opened at $15.76 on Monday. Adecco has a 12-month low of $11.08 and a 12-month high of $16.89. The firm’s 50 day moving average is $14.37 and its 200-day moving average is $14.76. The company has a market capitalization of $5.31 billion, a PE ratio of 16.95, a price-to-earnings-growth ratio of 1.46 and a beta of 1.18. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.83.

Adecco (OTCMKTS:AHEXY) last released its earnings results 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 net margin of 1.22% and a return on equity of 11.06%. The business had revenue of $6.63 billion during the quarter, compared to the consensus estimate of $6.68 billion. Equities research analysts anticipate that Adecco will post 1.32 earnings per share for the current fiscal year.

Adecco 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.