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

Adecco SA (OTCMKTS:AHEXY) has been assigned a consensus rating of “Reduce” from the eight research firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company.

A number of equities research analysts have recently commented on AHEXY shares. UBS Group downgraded shares of Adecco from a “hold” rating to a “sell” rating in a report on Monday, May 18th. Zacks Research downgraded shares of Adecco from a “hold” rating to a “strong sell” rating in a report on Friday, May 15th. Citigroup cut shares of Adecco from a “strong-buy” rating to a “neutral” rating in a research report on Thursday, April 30th. Finally, Morgan Stanley downgraded shares of Adecco from a “cautious” rating to an “underweight” rating in a research note on Tuesday.

Adecco Stock Performance

OTCMKTS:AHEXY opened at $10.00 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average price of $10.99 and a two-hundred day moving average price of $12.78. Adecco has a twelve month low of $9.25 and a twelve month high of $16.83. The company has a market capitalization of $3.47 billion, a P/E ratio of 9.52, a price-to-earnings-growth ratio of 0.84 and a beta of 0.96.

Adecco (OTCMKTS:AHEXY) last posted its earnings results on Wednesday, May 13th. The business services provider reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.02. Adecco had a net margin of 1.31% and a return on equity of 12.09%. The firm had revenue of $6.62 billion during the quarter, compared to the consensus estimate of $6.55 billion. As a group, research analysts expect that Adecco will post 1.41 earnings per share for the current fiscal 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.