Adecco Group AG (OTCMKTS:AHEXY) Receives Average Recommendation of “Buy” from Analysts

Adecco Group AG (OTCMKTS:AHEXY) has been given a consensus recommendation of “Buy” by the five ratings firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a buy recommendation and three have assigned a strong buy recommendation to the company.

Several research firms have issued reports on AHEXY. The Goldman Sachs Group upgraded shares of Adecco Group from a “hold” rating to a “strong-buy” rating in a report on Friday, March 28th. BNP Paribas raised shares of Adecco Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 14th.

Adecco Group Stock Up 1.2 %

AHEXY stock opened at $13.27 on Friday. The stock has a market capitalization of $4.47 billion, a P/E ratio of 13.82, a price-to-earnings-growth ratio of 3.66 and a beta of 1.19. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.78. Adecco Group has a 12 month low of $11.08 and a 12 month high of $20.21. The firm has a 50-day moving average price of $14.13 and a 200-day moving average price of $13.51.

Adecco Group (OTCMKTS:AHEXY) last issued its quarterly earnings data on Wednesday, February 26th. The business services provider reported $0.34 earnings per share (EPS) for the quarter. The business had revenue of $6.27 billion during the quarter. Adecco Group had a net margin of 1.28% and a return on equity of 12.71%. As a group, equities research analysts anticipate that Adecco Group will post 1.32 EPS for the current fiscal year.

Adecco Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 25th will be issued a dividend of $0.3169 per share. This represents a yield of 2.4%. The ex-dividend date of this dividend is Thursday, April 24th. Adecco Group’s dividend payout ratio is 31.96%.

About Adecco Group

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.