Adecco SA (OTCMKTS:AHEXY) Given Average Recommendation of "Buy" by Brokerages

Shares of Adecco SA (OTCMKTS:AHEXY - Get Free Report) have earned a consensus recommendation of "Buy" from the five brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a buy recommendation and three have assigned a strong buy recommendation to the company.

A number of analysts have commented on the stock. BNP Paribas raised shares of Adecco from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 14th. The Goldman Sachs Group raised shares of Adecco from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 28th.

Adecco Trading Up 0.1%

Shares of Adecco stock traded up $0.02 during trading on Friday, hitting $14.44. The company's stock had a trading volume of 6,973 shares, compared to its average volume of 14,567. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.06 and a quick ratio of 1.06. Adecco has a 52 week low of $11.08 and a 52 week high of $17.82. The stock has a market cap of $4.86 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 1.20 and a beta of 1.18. The stock has a 50-day moving average price of $13.65 and a two-hundred day moving average price of $13.30.

Adecco (OTCMKTS:AHEXY - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The business services provider reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.07. Adecco had a net margin of 1.26% and a return on equity of 11.74%. The company had revenue of $6.34 billion for the quarter, compared to analysts' expectations of $5.49 billion. Equities research analysts anticipate that Adecco will post 1.32 EPS for the current fiscal year.

Adecco Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, April 25th were given a dividend of $0.3169 per share. The ex-dividend date of this dividend was Thursday, April 24th. This represents a yield of 2.4%. Adecco's dividend payout ratio (DPR) is currently 34.78%.

About Adecco

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.