Adecco (OTCMKTS:AHEXY – Get Free Report) is anticipated to issue its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of $0.35 per share for the quarter.
Adecco Stock Down 1.6%
AHEXY opened at $13.65 on Wednesday. Adecco has a fifty-two week low of $12.03 and a fifty-two week high of $16.89. The company’s 50-day moving average is $14.32 and its 200 day moving average is $14.60. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market capitalization of $4.57 billion, a P/E ratio of 14.67, a PEG ratio of 1.08 and a beta of 1.04.
Analysts Set New Price Targets
Several research firms recently weighed in on AHEXY. Jefferies Financial Group lowered shares of Adecco from a “hold” rating to a “moderate sell” rating in a research report on Thursday, January 8th. Zacks Research upgraded shares of Adecco from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Finally, BNP Paribas Exane lowered shares of Adecco from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Adecco currently has an average rating of “Moderate Buy”.
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.
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