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

Shares of Adecco SA (OTCMKTS:AHEXY) have received an average rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several equities analysts have issued reports on AHEXY shares. Citigroup cut Adecco from a “strong-buy” rating to a “neutral” rating in a research report on Thursday, April 30th. UBS Group upgraded Adecco from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th.

Adecco Stock Performance

OTCMKTS AHEXY opened at $9.42 on Monday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.75. The business’s 50 day moving average is $11.80 and its two-hundred day moving average is $13.41. Adecco has a 12-month low of $9.25 and a 12-month high of $16.83. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 8.97, a PEG ratio of 0.76 and a beta of 0.99.

Adecco (OTCMKTS:AHEXY) last released its 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 company had revenue of $6.62 billion for the quarter, compared to analysts’ expectations of $6.55 billion. Research analysts expect that Adecco will post 1.55 EPS 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.