Adecco (OTCMKTS:AHEXY) Stock Price Passes Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Adecco's share price has fallen below its 200-day moving average, trading last at $12.95 compared to a $14.68 average.
• Analyst ratings for Adecco are mixed, with the consensus being a "Moderate Buy" based on various recent upgrades and downgrades.
• In its latest earnings report, Adecco missed EPS estimates with $0.26, despite reporting revenue of $6.71 billion that exceeded expectations of $5.72 billion.

Adecco SA (OTCMKTS:AHEXY - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.68 and traded as low as $12.89. Adecco shares last traded at $12.95, with a volume of 8,772 shares.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on AHEXY shares. Royal Bank Of Canada restated an "outperform" rating on shares of Adecco in a report on Tuesday, August 12th. Cfra Research upgraded Adecco from a "moderate sell" rating to a "hold" rating in a report on Wednesday, August 6th. Sanford C. Bernstein raised shares of Adecco to an "outperform" rating in a research note on Monday. Finally, Jefferies Financial Group upgraded shares of Adecco from a "moderate sell" rating to a "hold" rating in a report on Thursday, September 11th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Adecco Stock Up 1.2%

The company has a debt-to-equity ratio of 0.83, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market capitalization of $4.54 billion, a price-to-earnings ratio of 14.34, a PEG ratio of 1.08 and a beta of 1.18. The firm has a 50-day moving average price of $15.45 and a two-hundred day moving average price of $14.66.

Adecco (OTCMKTS:AHEXY - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The business services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.02). The firm had revenue of $6.71 billion for the quarter, compared to analyst estimates of $5.72 billion. Adecco had a return on equity of 10.94% and a net margin of 1.26%. As a group, sell-side analysts anticipate that Adecco SA will post 1.32 earnings per share for the current fiscal year.

Adecco Company Profile

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.