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

Adecco Group AG (OTCMKTS:AHEXY - Get Free Report) has been given a consensus recommendation of "Buy" by the five research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a buy recommendation and three have given a strong buy recommendation to the company.

A number of brokerages recently issued reports on AHEXY. The Goldman Sachs Group raised Adecco Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 28th. BNP Paribas upgraded Adecco Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 14th.

Adecco Group Price Performance

OTCMKTS AHEXY traded down $0.05 during trading hours on Friday, hitting $13.01. 16,585 shares of the company's stock traded hands, compared to its average volume of 87,476. The company has a market capitalization of $4.38 billion, a PE ratio of 13.55, a PEG ratio of 3.66 and a beta of 1.19. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.01 and a quick ratio of 1.01. Adecco Group has a 52-week low of $11.08 and a 52-week high of $20.21. The firm's 50-day moving average is $14.15 and its 200-day moving average is $13.51.

Adecco Group (OTCMKTS:AHEXY - Get Free Report) last issued its earnings results on Wednesday, February 26th. The business services provider reported $0.34 earnings per share (EPS) for the quarter. Adecco Group had a return on equity of 12.71% and a net margin of 1.28%. The business had revenue of $6.27 billion during the quarter. Equities analysts forecast that Adecco Group will post 1.32 EPS for the current fiscal year.

Adecco Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 25th will be paid a $0.3169 dividend. This represents a yield of 2.4%. The ex-dividend date is Thursday, April 24th. Adecco Group's dividend payout ratio is presently 32.99%.

About Adecco Group

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.