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

Key Points

• Adecco has a consensus “Hold” rating among eight brokerages, with two sell, three hold, two buy and one strong-buy recommendation. Recent analyst actions were mixed, including upgrades from Zacks Research, Jefferies and BNP Paribas Exane, alongside a downgrade from UBS.
• Adecco shares opened at $14.72, with a $5.12 billion market capitalization and a 52-week range of $8.98 to $16.26.
• The company reported quarterly EPS of $0.35, exceeding the $0.30 consensus estimate, while revenue of $6.93 billion also topped expectations of $6.83 billion.

Shares of Adecco SA (OTCMKTS:AHEXY - Get Free Report) have earned a consensus rating of "Hold" from the eight brokerages that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

AHEXY has been the subject of several recent research reports. Zacks Research raised shares of Adecco from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. Jefferies Financial Group raised shares of Adecco from an "underperform" rating to a "hold" rating in a research note on Thursday. UBS Group lowered shares of Adecco from a "hold" rating to a "sell" rating in a report on Monday, May 18th. BNP Paribas Exane upgraded Adecco from a "hold" rating to a "strong-buy" rating in a report on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Adecco in a research report on Wednesday.

Adecco Trading Down 0.3%

Shares of Adecco stock opened at $14.72 on Friday. The stock has a market capitalization of $5.12 billion, a P/E ratio of 14.58, a P/E/G ratio of 1.25 and a beta of 0.96. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.15 and a current ratio of 1.15. The stock's 50-day simple moving average is $13.66 and its 200 day simple moving average is $12.07. Adecco has a 52-week low of $8.98 and a 52-week high of $16.26.

Adecco (OTCMKTS:AHEXY - Get Free Report) last announced its quarterly earnings results 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. Adecco had a return on equity of 12.67% and a net margin of 1.25%.The firm had revenue of $6.93 billion for the quarter, compared to analysts' expectations of $6.83 billion. As a group, research analysts anticipate that Adecco will post 1.41 EPS for the current year.

About Adecco

Adecco, part of The Adecco Group, is a global workforce solutions and talent advisory company headquartered in Zurich, Switzerland. The company connects businesses with workers through temporary staffing, permanent placement and recruitment services across a broad range of industries and skill levels.

Its offerings also include workforce outsourcing, career transition and outplacement, professional development, talent consulting and other human resources services. The Adecco Group operates through brands including Adecco, LHH and Akkodis, which provides engineering, information technology and digital consulting services.

The company traces its history to the 1996 merger of the Swiss staffing firm Adia and France-based Ecco.

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