Adecco Group (OTCMKTS:AHEXY - Get Free Report) announced its earnings results on Thursday. The business services provider reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.07, Zacks reports. The business had revenue of $6.34 billion for the quarter, compared to analysts' expectations of $5.49 billion. Adecco Group had a net margin of 1.28% and a return on equity of 12.71%.
Adecco Group Price Performance
Shares of OTCMKTS:AHEXY opened at $13.94 on Friday. Adecco Group has a 52 week low of $11.08 and a 52 week high of $20.21. The company has a 50-day moving average price of $14.11 and a 200 day moving average price of $13.35. The company has a market cap of $4.70 billion, a P/E ratio of 14.52, a PEG ratio of 3.66 and a beta of 1.18. 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 Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, May 9th. Investors of record on Friday, April 25th were issued 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 dividend payout ratio is currently 32.99%.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Adecco Group from a "hold" rating to a "strong-buy" rating in a research note 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 research analyst has rated the stock with a sell rating, one has issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy".
Read Our Latest Research Report on AHEXY
Adecco Group Company Profile
(
Get Free Report)
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.
Further Reading
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