Adecco Group AG (OTCMKTS:AHEXY - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.39 and traded as low as $12.72. Adecco Group shares last traded at $12.72, with a volume of 21,829 shares trading hands.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on AHEXY. The Goldman Sachs Group raised 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 analyst has rated the stock with a sell rating, one has assigned a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Buy".
Check Out Our Latest Stock Analysis on Adecco Group
Adecco Group Price Performance
The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.01 and a current ratio of 1.01. The business has a 50 day simple moving average of $14.10 and a 200-day simple moving average of $13.37. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of 14.43, a P/E/G ratio of 3.66 and a beta of 1.18.
Adecco Group (OTCMKTS:AHEXY - Get Free Report) last announced 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 company had revenue of $6.27 billion for the quarter. Equities research analysts expect that Adecco Group AG will post 1.32 earnings per share for the current year.
Adecco Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 25th will be given a dividend of $0.3169 per share. This represents a dividend yield of 2.4%. The ex-dividend date is Thursday, April 24th. Adecco Group's payout ratio is currently 32.99%.
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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