Adecco SA (OTCMKTS:AHEXY – Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $15.00, but opened at $14.07. Adecco shares last traded at $14.05, with a volume of 384 shares changing hands.
Analyst Ratings Changes
AHEXY has been the topic of a number of recent research reports. Morgan Stanley restated an “underweight” rating on shares of Adecco in a research report on Tuesday, September 8th. Jefferies Financial Group raised Adecco from a “moderate sell” rating to a “hold” rating in a research report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Adecco in a research report on Wednesday, September 9th. BNP Paribas Exane raised shares of Adecco from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. Finally, Zacks Research upgraded shares of Adecco from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on Adecco
Adecco Price Performance
Adecco (OTCMKTS:AHEXY – Get Free Report) last released 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. Adecco had a return on equity of 12.67% and a net margin of 1.25%.The firm had revenue of $6.93 billion during the quarter, compared to the consensus estimate of $6.83 billion. As a group, analysts expect that Adecco SA will post 1.45 earnings per share 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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