Adecco Group AG (OTCMKTS:AHEXY) Receives Average Recommendation of “Buy” from Brokerages

Adecco Group AG (OTCMKTS:AHEXY) has earned a consensus rating of “Buy” from the five ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a buy recommendation and three have assigned a strong buy recommendation to the company.

AHEXY has been the subject of several recent analyst reports. The Goldman Sachs Group raised Adecco Group from a “hold” rating to a “strong-buy” rating in a report on Friday, March 28th. BNP Paribas raised Adecco Group from a “hold” rating to a “strong-buy” rating in a report on Friday, March 14th.

Adecco Group Stock Performance

Shares of Adecco Group stock opened at $14.41 on Wednesday. The company has a market cap of $4.85 billion, a PE ratio of 15.01, a price-to-earnings-growth ratio of 3.66 and a beta of 1.18. Adecco Group has a 52 week low of $11.08 and a 52 week high of $19.79. The business has a 50 day moving average price of $13.97 and a 200-day moving average price of $13.25. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.78.

Adecco Group (OTCMKTS:AHEXY) last issued its quarterly earnings data on Thursday, May 8th. The business services provider reported $0.25 EPS for the quarter, topping the consensus estimate of $0.18 by $0.07. The firm had revenue of $6.34 billion during the quarter, compared to the consensus estimate of $5.49 billion. Adecco Group had a return on equity of 12.71% and a net margin of 1.28%. Equities analysts anticipate that Adecco Group will post 1.32 earnings per share for the current fiscal year.

Adecco Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, April 25th were issued a $0.3169 dividend. This represents a dividend yield of 2.4%. The ex-dividend date was Thursday, April 24th. Adecco Group’s dividend payout ratio is presently 34.78%.

Adecco Group Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.