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

Key Points

• Adecco SA has received a consensus recommendation of "Moderate Buy" from eight brokerages, with ratings varying from sell to strong buy.
• The company's latest financial results revealed a missed earnings estimate of $0.26 EPS against a consensus of $0.28, while reporting revenues of $6.71 billion for the quarter.
• Currently, Adecco's stock is trading at around $13.96, with a market cap of $4.70 billion and a P/E ratio of 14.85.

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

Several research analysts have recently weighed in on AHEXY shares. Jefferies Financial Group raised shares of Adecco from a "moderate sell" rating to a "hold" rating in a report on Thursday, September 11th. Sanford C. Bernstein upgraded shares of Adecco from a "hold" rating to an "outperform" rating in a research report on Monday, September 22nd. Royal Bank Of Canada restated an "outperform" rating on shares of Adecco in a research report on Tuesday, August 12th. Finally, Cfra Research upgraded shares of Adecco from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, August 6th.

Adecco Price Performance

OTCMKTS AHEXY opened at $13.96 on Friday. The firm has a market cap of $4.70 billion, a P/E ratio of 14.85, a price-to-earnings-growth ratio of 1.16 and a beta of 1.18. Adecco has a fifty-two week low of $11.08 and a fifty-two week high of $17.47. 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 stock's 50-day moving average is $15.27 and its two-hundred day moving average is $14.62.

Adecco (OTCMKTS:AHEXY - Get Free Report) last released its earnings results on Tuesday, August 5th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.02). Adecco had a net margin of 1.26% and a return on equity of 10.94%. The business had revenue of $6.71 billion for the quarter, compared to analysts' expectations of $5.72 billion. On average, analysts anticipate that Adecco will post 1.32 earnings per share for the current fiscal year.

About Adecco

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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