Shares of Adecco SA (OTCMKTS:AHEXY – Get Free Report) have been assigned a consensus rating of “Hold” from the eight brokerages that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.
Several equities research analysts recently commented on the company. Jefferies Financial Group raised Adecco from a “moderate sell” rating to a “hold” rating in a report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Adecco in a research note on Wednesday, September 9th. BNP Paribas Exane raised Adecco from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. Zacks Research raised Adecco from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Adecco in a report on Tuesday, September 8th.
View Our Latest Stock Analysis on AHEXY
Adecco Stock Up 1.6%
Adecco (OTCMKTS:AHEXY – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.05. The company had revenue of $6.93 billion during the quarter, compared to the consensus estimate of $6.83 billion. Adecco had a net margin of 1.25% and a return on equity of 12.67%. As a group, sell-side analysts predict that Adecco will post 1.41 EPS for the current fiscal year.
Adecco Company Profile
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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