Adecco SA (OTCMKTS:AHEXY) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Adecco SA has received a consensus rating of "Moderate Buy" from five brokerage firms, indicating a mixed outlook with one sell rating, one hold, one buy, and two strong buy ratings.
• The company reported earnings of $0.26 per share, falling short of the expected $0.28, but exceeded revenue expectations with $6.71 billion in sales during the last quarter.
• Adecco's stock is currently trading at around $16.60, reflecting a 1.7% increase, with a market capitalization of approximately $5.59 billion.

Adecco SA (OTCMKTS:AHEXY - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the five ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and two have given a strong buy rating to the company.

Separately, Cfra Research upgraded shares of Adecco from a "moderate sell" rating to a "hold" rating in a report on Wednesday.

Adecco Trading Up 1.7%

OTCMKTS AHEXY opened at $16.60 on Friday. The business's 50-day moving average price is $15.12 and its two-hundred day moving average price is $14.10. Adecco has a 12 month low of $11.08 and a 12 month high of $17.47. The firm has a market capitalization of $5.59 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 1.37 and a beta of 1.20. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.75.

Adecco (OTCMKTS:AHEXY - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.02). The business had revenue of $6.71 billion during the quarter, compared to analyst estimates of $5.72 billion. Adecco had a net margin of 1.26% and a return on equity of 10.85%. On average, analysts expect that Adecco will post 1.32 EPS for the current 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.

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