Sodexo (SDXAY) Projected to Release Quarterly Earnings on Friday

Sodexo (OTCMKTS:SDXAY) is expected to release its results before the market opens on Friday, October 23rd. Analysts expect the company to post earnings of $0.3158 per share and revenue of $13.62 billion for the quarter.

Sodexo Stock Performance

SDXAY stock opened at $12.68 on Thursday. Sodexo has a 1 year low of $9.08 and a 1 year high of $13.69. The stock’s fifty day moving average price is $12.92 and its 200-day moving average price is $11.92.

Analysts Set New Price Targets

A number of research firms have weighed in on SDXAY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Sodexo in a report on Friday, July 3rd. Morgan Stanley restated an “underweight” rating on shares of Sodexo in a research note on Tuesday, July 7th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Sodexo in a research report on Monday, July 20th. Citigroup reaffirmed a “neutral” rating on shares of Sodexo in a research report on Wednesday, September 9th. Finally, Zacks Research upgraded shares of Sodexo from a “strong sell” rating to a “hold” rating in a research note on Friday, September 18th. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

About Sodexo

Sodexo SA is a France-based company that provides food services and facilities management solutions to organizations and institutions. Its services include catering, food preparation, hospitality, cleaning, maintenance, reception, security, workplace management and other support services designed to help clients operate their facilities.

The company serves a broad range of customers, including businesses, hospitals and healthcare facilities, schools and universities, government agencies, sports and leisure venues, and remote work sites.