Adecco Group AG (OTCMKTS:AHEXY) Given Consensus Recommendation of "Buy" by Brokerages

Shares of Adecco Group AG (OTCMKTS:AHEXY - Get Free Report) have been given an average rating of "Buy" by the five analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, one has issued a buy rating and three have given a strong buy rating to the company.

Several analysts have weighed in on the company. The Goldman Sachs Group raised Adecco Group from a "hold" rating to a "strong-buy" rating in a report on Friday, March 28th. BNP Paribas raised Adecco Group from a "hold" rating to a "strong-buy" rating in a report on Friday, March 14th.

Adecco Group Stock Performance

Shares of AHEXY stock traded down $0.39 on Friday, hitting $14.23. 19,337 shares of the stock were exchanged, compared to its average volume of 68,117. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $4.79 billion, a PE ratio of 14.82, a P/E/G ratio of 3.66 and a beta of 1.18. Adecco Group has a one year low of $11.08 and a one year high of $17.91. The firm's 50 day moving average is $13.55 and its two-hundred day moving average is $13.28.

Adecco Group (OTCMKTS:AHEXY - Get Free Report) last issued its earnings results on Thursday, May 8th. The business services provider reported $0.25 EPS for the quarter, topping the consensus estimate of $0.18 by $0.07. Adecco Group had a return on equity of 12.71% and a net margin of 1.28%. The business had revenue of $6.34 billion during the quarter, compared to the consensus estimate of $5.49 billion. Sell-side analysts expect that Adecco Group will post 1.32 earnings per share for the current fiscal year.

Adecco Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, May 9th. Investors 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 Group's payout ratio is 34.78%.

Adecco Group Company Profile

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.