Adecco SA (OTCMKTS:AHEXY) Given Average Rating of “Hold” by Analysts

Adecco SA (OTCMKTS:AHEXY) has been assigned an average recommendation of “Hold” from the seven brokerages that are covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

A number of analysts have recently commented on the company. UBS Group upgraded Adecco from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Zacks Research upgraded Adecco from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Finally, Citigroup lowered Adecco from a “strong-buy” rating to a “neutral” rating in a report on Thursday, April 30th.

Adecco Stock Performance

AHEXY stock opened at $11.82 on Monday. The business’s 50-day moving average price is $12.15 and its two-hundred day moving average price is $13.55. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.75. The firm has a market cap of $3.96 billion, a PE ratio of 11.82, a P/E/G ratio of 0.92 and a beta of 0.99. Adecco has a 1-year low of $10.98 and a 1-year high of $16.83.

Adecco (OTCMKTS:AHEXY) last posted its earnings results on Wednesday, February 25th. The business services provider reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.09. The firm had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.95 billion. Adecco had a return on equity of 12.02% and a net margin of 1.28%. As a group, research analysts forecast that Adecco will post 1.55 earnings per share for the current year.

Adecco Company Profile

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.