Adecco SA (OTCMKTS:AHEXY) Stock Now Rated “Hold” by Wall Street Analysts

Shares of Adecco SA (OTCMKTS:AHEXY) have earned an average recommendation of “Hold” from the eight analysts that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company.

Several research firms have recently commented on AHEXY. BNP Paribas Exane raised Adecco from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Zacks Research upgraded Adecco from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Jefferies Financial Group upgraded Adecco from a “moderate sell” rating to a “hold” rating in a research report on Thursday, September 10th. Kepler Capital Markets lowered Adecco from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 14th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Adecco in a research note on Tuesday, September 8th.

Adecco Price Performance

Shares of AHEXY opened at $13.70 on Monday. The company’s fifty day moving average price is $14.16 and its 200-day moving average price is $12.73. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a market capitalization of $4.76 billion, a PE ratio of 13.56, a price-to-earnings-growth ratio of 1.36 and a beta of 0.96. Adecco has a 1-year low of $8.98 and a 1-year high of $16.26.

Adecco (OTCMKTS:AHEXY) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.05. The company had revenue of $6.93 billion during the quarter, compared to the consensus estimate of $6.83 billion. Adecco had a net margin of 1.25% and a return on equity of 12.67%. On average, equities research analysts predict that Adecco will post 1.42 EPS for the current year.

Adecco Company Profile

Adecco, part of The Adecco Group, is a global workforce-solutions and human-resources services company. It connects businesses with temporary and permanent employees and provides recruitment, staffing, workforce management and related talent services across a range of industries, including office and administrative roles, manufacturing, logistics, technology and professional services.

The company also offers career transition and outplacement support, leadership development, skills training and consulting services.