Adecco Group (AHEXY) Expected to Announce Quarterly Earnings on Tuesday

Adecco Group (OTCMKTS:AHEXY - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect Adecco Group to post earnings of $0.18 per share and revenue of $5.49 billion for the quarter.

Adecco Group (OTCMKTS:AHEXY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The business services provider reported $0.34 EPS for the quarter. Adecco Group had a return on equity of 12.71% and a net margin of 1.28%. The company had revenue of $6.27 billion for the quarter. On average, analysts expect Adecco Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Adecco Group Stock Up 1.2 %

Shares of AHEXY stock traded up $0.16 during trading hours on Tuesday, reaching $13.27. The company had a trading volume of 19,641 shares, compared to its average volume of 89,230. The stock's fifty day simple moving average is $14.13 and its 200 day simple moving average is $13.51. The company has a market capitalization of $4.47 billion, a P/E ratio of 13.82, a price-to-earnings-growth ratio of 3.66 and a beta of 1.19. 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 twelve month low of $11.08 and a twelve month high of $20.21.

Adecco Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 25th will be paid a dividend of $0.3169 per share. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 2.4%. Adecco Group's dividend payout ratio is currently 31.96%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. The Goldman Sachs Group raised shares of 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 research report on Friday, March 14th. One equities research analyst has rated the stock with a sell rating, one has given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy".

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.

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