Adecco SA (AHEXY) – What Are Researchers Thinking About This Stock?

Shares of Adecco SA (OTCMKTS:AHEXY) have received an average recommendation of “Hold” from the seven brokerages that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company.

AHEXY has been the topic of a number of recent research reports. Jefferies Financial Group upgraded Adecco from a “moderate sell” rating to a “hold” rating in a research note on Thursday, September 10th. Morgan Stanley restated an “underweight” rating on shares of Adecco in a research report on Tuesday, September 8th. BNP Paribas Exane raised shares of Adecco from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Zacks Research raised shares of Adecco from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Adecco in a research report on Wednesday, September 9th.

Adecco Stock Performance

OTCMKTS AHEXY opened at $13.04 on Thursday. The firm has a 50-day moving average price of $14.55 and a two-hundred day moving average price of $12.30. Adecco has a 12-month low of $8.98 and a 12-month high of $16.26. The company has a market capitalization of $4.53 billion, a P/E ratio of 12.91, a P/E/G ratio of 1.37 and a beta of 0.94. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.86.

Adecco (OTCMKTS:AHEXY) last announced its earnings results on Thursday, August 6th. The business services provider reported $0.35 EPS for the quarter, topping the consensus estimate of $0.30 by $0.05. Adecco had a net margin of 1.25% and a return on equity of 12.67%. The company had revenue of $6.93 billion for the quarter, compared to analysts’ expectations of $6.83 billion. Analysts anticipate that Adecco will post 1.45 earnings per share for the current year.

Adecco Company Profile

Adecco is a global workforce solutions and talent advisory company headquartered in Zurich, Switzerland. It helps organizations recruit, place and manage employees across a range of industries, while also supporting job seekers with career opportunities, skills development and workforce guidance.

The company’s services include temporary and permanent staffing, recruitment, career transition and outplacement, talent development, outsourcing and workforce consulting. Adecco operates through brands and business lines that include Adecco for staffing and recruitment, Akkodis for technology and engineering consulting, and LHH for professional recruitment, leadership development and career transition services.

Adecco traces its history to the 1996 merger of the Swiss staffing company Adia and France’s Ecco.