Adecco SA (OTCMKTS:AHEXY) Stock Rated "Hold" by Sell-Side Analysts

Key Points

• Adecco has a consensus “Hold” rating from seven analysts: two sell ratings, three holds, one buy and one strong buy. Recent rating changes included upgrades from BNP Paribas Exane, Zacks Research and Jefferies.
• AHEXY opened at $14.22, compared with a 52-week range of $8.98 to $16.26, and has a market capitalization of approximately $4.94 billion.
• Adecco exceeded quarterly expectations, reporting $0.35 in earnings per share versus the $0.30 consensus estimate and revenue of $6.93 billion against expectations of $6.83 billion.

Shares of Adecco SA (OTCMKTS:AHEXY - Get Free Report) have earned a consensus recommendation of "Hold" from the seven analysts that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company.

Several equities research analysts have weighed in on the company. Morgan Stanley reissued an "underweight" rating on shares of Adecco in a research note on Tuesday, September 8th. BNP Paribas Exane raised Adecco from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Adecco in a report on Wednesday, September 9th. Zacks Research upgraded Adecco from a "strong sell" rating to a "hold" rating in a report on Monday, July 13th. Finally, Jefferies Financial Group upgraded Adecco from a "moderate sell" rating to a "hold" rating in a research report on Thursday, September 10th.

Adecco Price Performance

AHEXY stock opened at $14.22 on Thursday. Adecco has a 52 week low of $8.98 and a 52 week high of $16.26. The firm has a market capitalization of $4.94 billion, a P/E ratio of 14.08, a price-to-earnings-growth ratio of 1.38 and a beta of 0.94. The company has a fifty day simple moving average of $14.57 and a two-hundred day simple moving average of $12.25. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.86.

Adecco (OTCMKTS:AHEXY - Get Free Report) last posted its earnings results on Thursday, August 6th. The business services provider reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.05. Adecco had a net margin of 1.25% and a return on equity of 12.67%. The firm had revenue of $6.93 billion for the quarter, compared to the consensus estimate of $6.83 billion. Analysts anticipate that Adecco will post 1.45 earnings per share for the current fiscal year.

Adecco Company Profile

Adecco is a global workforce solutions and talent advisory company headquartered in Zurich, Switzerland. It helps organizations recruit, place and manage employees across a range of industries, while also supporting job seekers with career opportunities, skills development and workforce guidance.

The company's services include temporary and permanent staffing, recruitment, career transition and outplacement, talent development, outsourcing and workforce consulting. Adecco operates through brands and business lines that include Adecco for staffing and recruitment, Akkodis for technology and engineering consulting, and LHH for professional recruitment, leadership development and career transition services.

Adecco traces its history to the 1996 merger of the Swiss staffing company Adia and France's Ecco.

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