Adecco SA (OTCMKTS:AHEXY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Adecco SA (OTCMKTS:AHEXY) have earned an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

Several equities analysts have recently issued reports on the company. BNP Paribas Exane cut Adecco from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. Zacks Research raised shares of Adecco from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Jefferies Financial Group cut shares of Adecco from a “hold” rating to a “moderate sell” rating in a research report on Thursday, January 8th.

Adecco Stock Up 0.5%

AHEXY opened at $14.21 on Wednesday. Adecco has a 12 month low of $12.19 and a 12 month high of $16.89. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.78. The business’s 50-day moving average price is $14.31 and its 200-day moving average price is $14.48. The company has a market cap of $4.76 billion, a P/E ratio of 14.21, a P/E/G ratio of 1.11 and a beta of 1.04.

Adecco (OTCMKTS:AHEXY) last issued its earnings results on Wednesday, February 25th. The business services provider reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.09. The company had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.95 billion. Adecco had a return on equity of 12.09% and a net margin of 1.28%. On average, equities analysts expect that Adecco will post 1.32 EPS for the current year.

About Adecco

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.