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

Shares of Adecco SA (OTCMKTS:AHEXY) have received an average rating of “Hold” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating on the company.

A number of research analysts have weighed in on AHEXY shares. BNP Paribas Exane upgraded Adecco from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. UBS Group cut Adecco from a “hold” rating to a “sell” rating in a research note on Monday, May 18th. Jefferies Financial Group raised Adecco from an “underperform” rating to a “hold” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Adecco in a research report on Wednesday. Finally, Zacks Research upgraded Adecco from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th.

Adecco Trading Down 0.3%

Shares of AHEXY opened at $14.72 on Friday. Adecco has a 1-year low of $8.98 and a 1-year high of $16.26. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.86. The firm’s 50-day moving average price is $13.66 and its 200-day moving average price is $12.07. The firm has a market capitalization of $5.12 billion, a price-to-earnings ratio of 14.58, a PEG ratio of 1.25 and a beta of 0.96.

Adecco (OTCMKTS:AHEXY) last released its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.05. Adecco had a net margin of 1.25% and a return on equity of 12.67%. The company had revenue of $6.93 billion during the quarter, compared to the consensus estimate of $6.83 billion. Sell-side analysts anticipate that Adecco will post 1.41 EPS for the current year.

About Adecco

Adecco, part of The Adecco Group, is a global workforce solutions and talent advisory company headquartered in Zurich, Switzerland. The company connects businesses with workers through temporary staffing, permanent placement and recruitment services across a broad range of industries and skill levels.

Its offerings also include workforce outsourcing, career transition and outplacement, professional development, talent consulting and other human resources services. The Adecco Group operates through brands including Adecco, LHH and Akkodis, which provides engineering, information technology and digital consulting services.

The company traces its history to the 1996 merger of the Swiss staffing firm Adia and France-based Ecco.