Adecco SA (OTCMKTS:AHEXY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Adecco SA (OTCMKTS:AHEXY) have received an average recommendation of “Moderate Buy” from the seven research firms that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

A number of research firms have issued reports on AHEXY. BNP Paribas Exane downgraded shares of Adecco from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Zacks Research raised shares of Adecco from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. UBS Group upgraded shares of Adecco from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Finally, Jefferies Financial Group cut shares of Adecco from a “hold” rating to a “moderate sell” rating in a research note on Thursday, January 8th.

Adecco Stock Down 2.3%

OTCMKTS AHEXY opened at $11.41 on Friday. The stock has a market capitalization of $3.82 billion, a P/E ratio of 11.41, a price-to-earnings-growth ratio of 0.91 and a beta of 1.04. Adecco has a 52 week low of $11.32 and a 52 week high of $16.83. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.04 and a current ratio of 1.05. The stock has a fifty day moving average of $13.66 and a 200-day moving average of $14.09.

Adecco (OTCMKTS:AHEXY) last posted its quarterly earnings results on Wednesday, February 25th. The business services provider reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.09. The business had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.95 billion. Adecco had a return on equity of 12.02% and a net margin of 1.28%. On average, equities research analysts forecast that Adecco will post 1.32 EPS 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.