Adecco SA (OTCMKTS:AHEXY) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts assign Adecco a consensus Moderate Buy rating from seven brokerages—four rate it hold, two buy and one strong buy.
• Adecco beat quarterly estimates, reporting $0.44 EPS versus $0.35 expected and $7.01B in revenue versus $6.95B, with analysts projecting $1.32 EPS for the current year.
• Shares opened at $11.33, trading below the 50- and 200-day moving averages (~$13.78 and $14.14) and near the one-year low of $11.32; the company has a $3.79B market cap, P/E of 11.33 and PEG of 0.88.

Shares of Adecco SA (OTCMKTS:AHEXY - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities research analysts recently commented on AHEXY shares. Zacks Research upgraded shares of Adecco from a "strong sell" rating to a "hold" rating in a report on Monday, January 12th. Jefferies Financial Group lowered shares of Adecco from a "hold" rating to a "moderate sell" rating in a report on Thursday, January 8th. UBS Group raised shares of Adecco from a "strong sell" rating to a "hold" rating in a research note on Friday, March 6th. Finally, BNP Paribas Exane lowered shares of Adecco from a "strong-buy" rating to a "hold" rating in a report on Friday, December 5th.

Adecco Price Performance

AHEXY opened at $11.33 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.04 and a quick ratio of 1.04. The stock's 50 day simple moving average is $13.78 and its 200 day simple moving average is $14.14. The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 11.33, a PEG ratio of 0.88 and a beta of 1.04. Adecco has a 1 year low of $11.32 and a 1 year high of $16.83.

Adecco (OTCMKTS:AHEXY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.44 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $6.95 billion. As a group, analysts predict that Adecco will post 1.32 earnings per share for the current year.

About Adecco

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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