Adecco SA (OTCMKTS:AHEXY) Given Average Recommendation of “Hold” by Analysts

Adecco SA (OTCMKTS:AHEXY) has been assigned an average recommendation of “Hold” from the six research firms that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several brokerages recently weighed in on AHEXY. UBS Group raised shares of Adecco from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Zacks Research upgraded Adecco from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Jefferies Financial Group lowered Adecco from a “hold” rating to a “moderate sell” rating in a research note on Thursday, January 8th.

Adecco Stock Up 1.1%

Adecco stock opened at $12.50 on Thursday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.75. Adecco has a 1-year low of $11.26 and a 1-year high of $16.83. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 12.50, a P/E/G ratio of 0.96 and a beta of 1.07. The firm has a 50 day simple moving average of $12.75 and a 200 day simple moving average of $13.84.

Adecco (OTCMKTS:AHEXY) last announced its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. The firm had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.95 billion. Adecco had a net margin of 1.28% and a return on equity of 12.02%. On average, analysts predict that Adecco will post 1.32 earnings per share for the current 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.