Adecco (OTCMKTS:AHEXY) Sees Large Volume Increase - Should You Buy?

Key Points

• Unusual volume spike: About 57,688 shares traded (up 314%) on Monday, with the stock last at $11.6150 versus a prior close of $11.33.
• Recent results and valuation: Adecco beat estimates with Q results of $0.44 EPS (vs. $0.35) and $7.01B revenue (vs. $6.95B); the stock has a P/E of 11.72 and $3.92B market cap but trades below its 50‑ and 200‑day moving averages ($13.78 and $14.14).
• Mixed analyst views: Multiple rating changes (upgrades from "strong sell" to "hold" and some downgrades) leave an average analyst rating of "Moderate Buy" (1 Strong Buy, 2 Buy, 4 Hold).

Shares of Adecco SA (OTCMKTS:AHEXY - Get Free Report) saw unusually-high trading volume on Monday . Approximately 57,688 shares traded hands during trading, an increase of 314% from the previous session's volume of 13,941 shares.The stock last traded at $11.6150 and had previously closed at $11.33.

Analyst Ratings Changes

Several research analysts recently commented on the company. Zacks Research raised Adecco from a "strong sell" rating to a "hold" rating in a research report on Monday, January 12th. UBS Group upgraded shares of Adecco from a "strong sell" rating to a "hold" rating in a research note on Friday, March 6th. Jefferies Financial Group downgraded shares of Adecco from a "hold" rating to a "moderate sell" rating in a report on Thursday, January 8th. Finally, BNP Paribas Exane cut shares of Adecco from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy".

Adecco Price Performance

The company has a 50-day moving average of $13.78 and a 200 day moving average of $14.14. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market cap of $3.92 billion, a P/E ratio of 11.72, a P/E/G ratio of 0.88 and a beta of 1.04.

Adecco (OTCMKTS:AHEXY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The business services provider reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.09. Adecco had a return on equity of 12.09% and a net margin of 1.28%.The firm had revenue of $7.01 billion for the quarter, compared to analysts' expectations of $6.95 billion. On average, sell-side analysts anticipate that Adecco SA will post 1.32 EPS for the current year.

Adecco Company Profile

Adecco Group AG is a global human resources and workforce solutions provider headquartered in Zurich, Switzerland. The company specializes in temporary staffing, permanent placement, career transition, and talent development services. Its core business activities include matching job seekers with client companies, managing contingent workforce solutions, and offering consulting services related to workforce management and organizational effectiveness.

Founded in 1996 through the merger of the Swiss companies Adia Interim and ECCO, Adecco has grown into one of the world's largest staffing firms.

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