Adecco Group AG (OTCMKTS:AHEXY) Receives Consensus Rating of "Buy" from Analysts

Shares of Adecco Group AG (OTCMKTS:AHEXY - Get Free Report) have earned an average recommendation of "Buy" from the five brokerages that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a buy recommendation and three have issued a strong buy recommendation on the company.

AHEXY has been the topic of several recent analyst reports. BNP Paribas upgraded Adecco Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 14th. The Goldman Sachs Group upgraded Adecco Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 28th.

Adecco Group Stock Down 2.3%

Shares of OTCMKTS:AHEXY traded down $0.32 during trading on Wednesday, hitting $13.65. The company's stock had a trading volume of 7,743 shares, compared to its average volume of 75,830. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.01 and a current ratio of 1.01. Adecco Group has a fifty-two week low of $11.08 and a fifty-two week high of $19.59. The stock's 50-day moving average price is $13.76 and its two-hundred day moving average price is $13.22. The company has a market capitalization of $4.60 billion, a PE ratio of 14.22, a PEG ratio of 3.66 and a beta of 1.18.

Adecco Group (OTCMKTS:AHEXY - Get Free Report) last released its quarterly 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 for the quarter, compared to analysts' expectations of $5.49 billion. As a group, sell-side analysts expect that Adecco Group will post 1.32 EPS for the current year.

Adecco Group Cuts Dividend

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