Adecco Group (OTCMKTS:AHEXY - Get Free Report) announced its quarterly earnings results on Wednesday. The business services provider reported $0.34 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $6.27 billion during the quarter. Adecco Group had a return on equity of 12.71% and a net margin of 1.28%.
Adecco Group Stock Performance
Shares of AHEXY traded down $0.02 during midday trading on Friday, reaching $13.43. 92,948 shares of the stock were exchanged, compared to its average volume of 142,406. The company has a market capitalization of $4.52 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 3.66 and a beta of 1.38. Adecco Group has a twelve month low of $11.08 and a twelve month high of $20.38. The business's 50-day moving average price is $12.16 and its 200 day moving average price is $14.21. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.01 and a quick ratio of 1.01.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on AHEXY. JPMorgan Chase & Co. began coverage on Adecco Group in a report on Thursday, December 5th. They set an "underweight" rating for the company. BNP Paribas upgraded Adecco Group to a "hold" rating in a research report on Tuesday, November 12th. Finally, Royal Bank of Canada upgraded Adecco Group from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Adecco Group presently has a consensus rating of "Moderate Buy".
Read Our Latest Research Report on AHEXY
About Adecco Group
(
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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.
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