Adecco SA (OTCMKTS:AHEXY) Receives Consensus Rating of “Hold” from Analysts

by · The Cerbat Gem

Shares of Adecco SA (OTCMKTS:AHEXY – Get Free Report) have earned an average rating of “Hold” from the eight brokerages that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

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

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Adecco Stock Performance

Shares of Adecco stock opened at $14.53 on Tuesday. The firm’s fifty day simple moving average is $14.41 and its 200-day simple moving average is $14.85. Adecco has a 12 month low of $11.08 and a 12 month high of $16.89. The stock has a market capitalization of $5.09 billion, a price-to-earnings ratio of 15.62, a PEG ratio of 1.18 and a beta of 1.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.04 and a quick ratio of 1.04.

Adecco (OTCMKTS:AHEXY – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The business services provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 10.98% and a net margin of 1.22%. As a group, equities analysts forecast that Adecco will post 1.32 earnings per share for the current year.

Adecco Company Profile

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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.

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