Adecco Group (OTCMKTS:AHEXY) Raised to Strong-Buy at Barclays

Barclays upgraded shares of Adecco Group (OTCMKTS:AHEXY - Free Report) to a strong-buy rating in a research note released on Wednesday, Zacks.com reports.

Adecco Group Stock Performance

Shares of AHEXY stock traded down $0.02 during mid-day trading on Wednesday, hitting $16.53. 81,474 shares of the stock were exchanged, compared to its average volume of 20,976. The stock's fifty day simple moving average is $18.29 and its two-hundred day simple moving average is $20.12. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.07 and a current ratio of 1.07. Adecco Group has a 12-month low of $16.06 and a 12-month high of $24.70. The stock has a market capitalization of $5.57 billion, a price-to-earnings ratio of 16.53, a P/E/G ratio of 0.68 and a beta of 1.47.

Adecco Group (OTCMKTS:AHEXY - Get Free Report) last announced its earnings results on Tuesday, May 7th. The business services provider reported $0.32 earnings per share (EPS) for the quarter. Adecco Group had a net margin of 1.29% and a return on equity of 13.24%. The business had revenue of $6.21 billion for the quarter. On average, analysts forecast that Adecco Group will post 1.7 EPS for the current year.

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.