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

Shares of Adecco SA (OTCMKTS:AHEXY) have earned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities analysts have recently weighed in on the company. BNP Paribas Exane downgraded Adecco from an “outperform” rating to a “neutral” rating in a research note on Friday, December 5th. Sanford C. Bernstein upgraded Adecco from a “hold” rating to an “outperform” rating in a report on Monday, September 22nd. Jefferies Financial Group downgraded Adecco from a “hold” rating to a “moderate sell” rating in a research note on Thursday. Zacks Research lowered Adecco from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 21st. Finally, BNP Paribas downgraded shares of Adecco from a “strong-buy” rating to a “hold” rating in a report on Friday, December 5th.

Adecco Stock Performance

OTCMKTS AHEXY opened at $14.59 on Tuesday. The company has a fifty day moving average price of $14.44 and a 200-day moving average price of $14.87. The firm has a market cap of $4.98 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 1.16 and a beta of 1.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.04 and a quick ratio of 1.04. Adecco has a 1 year low of $11.21 and a 1 year high of $16.89.

Adecco (OTCMKTS:AHEXY) last released its quarterly earnings results on Thursday, November 6th. The business services provider reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Adecco had a net margin of 1.22% and a return on equity of 10.98%. The business had revenue of $6.63 billion for the quarter, compared to analysts’ expectations of $6.68 billion. As a group, equities 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.