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

Adecco SA (OTCMKTS:AHEXY) has been given a consensus rating of “Hold” by the eight ratings firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms have recently commented on AHEXY. UBS Group lowered Adecco from a “hold” rating to a “sell” rating in a research report on Monday, May 18th. Zacks Research upgraded Adecco from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Citigroup cut Adecco from a “strong-buy” rating to a “neutral” rating in a research note on Thursday, April 30th. Morgan Stanley downgraded shares of Adecco from a “cautious” rating to an “underweight” rating in a report on Tuesday, June 9th. Finally, BNP Paribas Exane raised shares of Adecco from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th.

Adecco Price Performance

AHEXY opened at $13.87 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.73. Adecco has a 12 month low of $8.98 and a 12 month high of $16.73. The company has a fifty day simple moving average of $10.46 and a 200 day simple moving average of $12.00. The stock has a market cap of $4.82 billion, a P/E ratio of 13.20, a P/E/G ratio of 1.04 and a beta of 0.98.

Adecco (OTCMKTS:AHEXY) last posted its earnings results on Wednesday, May 13th. The business services provider reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.02. Adecco had a return on equity of 12.09% and a net margin of 1.31%.The firm had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.55 billion. On average, research analysts expect that Adecco will post 1.35 EPS for the current year.

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.