Shares of Adecco SA (OTCMKTS:AHEXY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $14.44, but opened at $13.83. Adecco shares last traded at $13.80, with a volume of 2,063 shares changing hands.
Wall Street Analysts Forecast Growth
AHEXY has been the subject of a number of recent research reports. BNP Paribas raised Adecco from a "hold" rating to a "strong-buy" rating in a report on Friday, March 14th. The Goldman Sachs Group upgraded Adecco from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 28th. One analyst has rated the stock with a sell rating, one has assigned a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy".
Check Out Our Latest Report on Adecco
Adecco Stock Performance
The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.75. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of 14.89, a price-to-earnings-growth ratio of 1.14 and a beta of 1.18. The stock's 50-day simple moving average is $13.69 and its 200 day simple moving average is $13.32.
Adecco (OTCMKTS:AHEXY - Get Free Report) last announced its earnings results on Thursday, May 8th. The business services provider reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.07. The company had revenue of $6.34 billion during the quarter, compared to the consensus estimate of $5.49 billion. Adecco had a net margin of 1.26% and a return on equity of 11.74%. Analysts expect that Adecco SA will post 1.32 earnings per share for the current fiscal year.
Adecco Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, April 25th were paid a $0.3169 dividend. The ex-dividend date was Thursday, April 24th. This represents a dividend yield of 2.4%. Adecco's dividend payout ratio (DPR) is currently 34.78%.
About Adecco
(
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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.
Further Reading
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