Adecco (OTCMKTS:AHEXY) Stock Rating Upgraded by Jefferies Financial Group

Adecco (OTCMKTS:AHEXY) was upgraded by analysts at Jefferies Financial Group from a “moderate sell” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

Several other analysts have also recently weighed in on AHEXY. Cfra Research upgraded shares of Adecco from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, August 6th. Royal Bank Of Canada restated an “outperform” rating on shares of Adecco in a research report on Tuesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Adecco Stock Down 0.1%

Shares of OTCMKTS:AHEXY opened at $14.12 on Thursday. The firm has a fifty day moving average price of $15.74 and a two-hundred day moving average price of $14.69. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.03 and a quick ratio of 1.03. Adecco has a one year low of $11.08 and a one year high of $17.47. The company has a market cap of $4.76 billion, a price-to-earnings ratio of 15.02, a PEG ratio of 1.18 and a beta of 1.18.

Adecco (OTCMKTS:AHEXY) last announced its quarterly earnings results on Tuesday, August 5th. The business services provider reported $0.26 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.02). The firm had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $5.72 billion. Adecco had a net margin of 1.26% and a return on equity of 10.94%. Analysts anticipate that Adecco will post 1.32 EPS for the current fiscal year.

Adecco 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.