Adecco SA (OTCMKTS:AHEXY) Short Interest Up 50.2% in January

Adecco SA (OTCMKTS:AHEXY) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 6,172 shares, an increase of 50.2% from the December 31st total of 4,109 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 15,778 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 15,778 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Adecco Stock Up 3.7%

OTCMKTS:AHEXY opened at $14.57 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.04 and a current ratio of 1.04. Adecco has a 52-week low of $11.71 and a 52-week high of $16.89. The company has a market cap of $4.88 billion, a price-to-earnings ratio of 15.67, a P/E/G ratio of 1.10 and a beta of 1.04. The stock’s fifty day moving average price is $14.20 and its two-hundred day moving average price is $14.75.

Adecco (OTCMKTS:AHEXY) last posted its quarterly earnings results on Thursday, November 6th. The business services provider reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. The business had revenue of $6.63 billion for the quarter, compared to analyst estimates of $6.68 billion. Adecco had a return on equity of 10.98% and a net margin of 1.22%. On average, analysts anticipate that Adecco will post 1.32 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. BNP Paribas Exane lowered Adecco from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. Zacks Research upgraded shares of Adecco from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Finally, Jefferies Financial Group lowered shares of Adecco from a “hold” rating to a “moderate sell” rating in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

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.