Shares of Adecco SA (OTCMKTS:AHEXY – Get Free Report) have received an average recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.
AHEXY has been the subject of several research analyst reports. Citigroup lowered Adecco from a “strong-buy” rating to a “neutral” rating in a research note on Thursday, April 30th. UBS Group raised Adecco from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th.
View Our Latest Stock Analysis on Adecco
Adecco Stock Performance
Adecco (OTCMKTS:AHEXY – Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.02. Adecco had a return on equity of 12.36% and a net margin of 1.31%.The firm had revenue of $6.62 billion during the quarter, compared to analyst estimates of $6.55 billion. Equities analysts anticipate that Adecco will post 1.41 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.
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