Adecco SA (AHEXY) - What Are Investment Firms Thinking About This Stock?

Key Points

• Analyst consensus is “Hold”: Of eight firms covering Adecco, four recommend holding, two recommend selling, one recommends buying and one gives a strong-buy rating. Recent actions were mixed, including a downgrade by Kepler Capital Markets and reiterated buy and underweight ratings from Deutsche Bank and Morgan Stanley.
• Shares opened at $13.87, with a $4.82 billion market capitalization and a 52-week range of $8.98 to $16.26. The stock trades at a price-to-earnings ratio of 13.73 and has a beta of 0.96.
• Adecco’s latest quarterly results exceeded expectations, with earnings per share of $0.35 versus a $0.30 estimate and revenue of $6.93 billion versus the $6.83 billion consensus. Analysts expect full-year EPS of approximately $1.42.

Adecco SA (OTCMKTS:AHEXY - Get Free Report) has been assigned an average rating of "Hold" from the eight research firms that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

AHEXY has been the subject of a number of analyst reports. Kepler Capital Markets cut Adecco from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 14th. Morgan Stanley reaffirmed an "underweight" rating on shares of Adecco in a report on Tuesday, September 8th. Zacks Research upgraded shares of Adecco from a "strong sell" rating to a "hold" rating in a research report on Monday, July 13th. Jefferies Financial Group upgraded Adecco from a "moderate sell" rating to a "hold" rating in a report on Thursday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Adecco in a report on Wednesday, September 9th.

Adecco Stock Performance

Shares of Adecco stock opened at $13.87 on Monday. The firm has a market cap of $4.82 billion, a PE ratio of 13.73, a price-to-earnings-growth ratio of 1.31 and a beta of 0.96. Adecco has a 1 year low of $8.98 and a 1 year high of $16.26. The firm's 50-day simple moving average is $14.24 and its 200-day simple moving average is $12.74. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.15 and a current ratio of 1.15.

Adecco (OTCMKTS:AHEXY - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.05. The company had revenue of $6.93 billion during the quarter, compared to analyst estimates of $6.83 billion. Adecco had a net margin of 1.25% and a return on equity of 12.67%. Equities analysts forecast that Adecco will post 1.42 earnings per share for the current fiscal year.

Adecco Company Profile

Adecco, part of The Adecco Group, is a global workforce-solutions and human-resources services company. It connects businesses with temporary and permanent employees and provides recruitment, staffing, workforce management and related talent services across a range of industries, including office and administrative roles, manufacturing, logistics, technology and professional services.

The company also offers career transition and outplacement support, leadership development, skills training and consulting services.

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