Adecco Group AG (OTCMKTS:AHEXY - Get Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totalling 400 shares, a growth of 33.3% from the April 30th total of 300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 41,000 shares, the short-interest ratio is presently 0.0 days.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on the company. BNP Paribas upgraded Adecco Group from a "hold" rating to a "strong-buy" rating in a report 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. One analyst has rated the stock with a sell rating, one has given a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy".
Check Out Our Latest Stock Report on AHEXY
Adecco Group Stock Performance
Shares of OTCMKTS:AHEXY traded down $0.02 during trading on Thursday, hitting $13.70. 13,301 shares of the company traded hands, compared to its average volume of 71,744. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of 14.27, a PEG ratio of 3.66 and a beta of 1.18. The business's fifty day moving average is $13.54 and its 200-day moving average is $13.24. Adecco Group has a one year low of $11.08 and a one year high of $18.80. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.78.
Adecco Group (OTCMKTS:AHEXY - Get Free Report) last posted its earnings results on Thursday, May 8th. The business services provider reported $0.25 EPS for the quarter, beating the consensus estimate of $0.18 by $0.07. The company had revenue of $6.34 billion during the quarter, compared to analyst estimates of $5.49 billion. Adecco Group had a return on equity of 12.71% and a net margin of 1.28%. As a group, equities analysts predict that Adecco Group will post 1.32 earnings per share for the current fiscal year.
Adecco Group Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, May 9th. Investors of record on Friday, April 25th were issued a $0.3169 dividend. This represents a yield of 2.4%. The ex-dividend date was Thursday, April 24th. Adecco Group's dividend payout ratio (DPR) is 34.78%.
About Adecco Group
(
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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.
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