Shares of Adecco SA (OTCMKTS:AHEXY – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.
AHEXY has been the subject of a number of recent research reports. Zacks Research raised shares of Adecco from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Jefferies Financial Group downgraded Adecco from a “hold” rating to a “moderate sell” rating in a research report on Thursday, January 8th. Finally, BNP Paribas Exane lowered Adecco from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th.
Check Out Our Latest Analysis on AHEXY
Adecco Stock Performance
Adecco (OTCMKTS:AHEXY – Get Free Report) last posted its earnings results on Thursday, November 6th. The business services provider reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Adecco had a return on equity of 10.98% and a net margin of 1.22%.The firm had revenue of $6.63 billion during the quarter, compared to the consensus estimate of $6.68 billion. On average, research analysts predict that Adecco will post 1.32 EPS for the current fiscal year.
About Adecco
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.
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