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

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

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

Adecco Stock Down 0.7%

Adecco stock opened at $11.57 on Friday. The company’s 50-day moving average price is $13.54 and its two-hundred day moving average price is $14.05. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.75. The stock has a market cap of $3.87 billion, a P/E ratio of 11.57, a P/E/G ratio of 0.91 and a beta of 1.04. Adecco has a twelve month low of $11.32 and a twelve month 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 analysts’ consensus estimates of $0.35 by $0.09. Adecco had a return on equity of 12.02% and a net margin of 1.28%.The company had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.95 billion. As a group, analysts expect 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.