Adecco (OTCMKTS:AHEXY – Get Free Report) is anticipated to release its results before the market opens on Thursday, November 5th. Analysts expect Adecco to post earnings of $0.38 per share and revenue of $6.82 billion for the quarter.
Adecco (OTCMKTS:AHEXY – Get Free Report) last posted its earnings results 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. Adecco had a net margin of 1.25% and a return on equity of 12.67%. The business had revenue of $6.93 billion for the quarter, compared to the consensus estimate of $6.83 billion. On average, analysts expect Adecco to post $1.42 EPS for the current fiscal year and $1.52 EPS for the next fiscal year.
Adecco Trading Up 3.2%
OTCMKTS:AHEXY opened at $14.31 on Tuesday. Adecco has a one year low of $8.98 and a one year high of $16.26. 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 firm has a market cap of $4.97 billion, a P/E ratio of 14.17, a P/E/G ratio of 1.31 and a beta of 0.94. The firm has a 50-day simple moving average of $14.23 and a 200-day simple moving average of $12.74.
Wall Street Analyst Weigh In
AHEXY has been the topic of several research reports. Zacks Research raised shares of Adecco from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Adecco in a research note on Wednesday, September 9th. Kepler Capital Markets lowered Adecco from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 14th. Jefferies Financial Group raised Adecco from a “moderate sell” rating to a “hold” rating in a research report on Thursday, September 10th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Adecco in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.
Read Our Latest Stock Analysis on AHEXY
About Adecco
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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