Adecco Group (OTCMKTS:AHEXY) Posts Earnings Results

Adecco Group (OTCMKTS:AHEXY) issued its quarterly earnings results on Wednesday. The business services provider reported $0.34 earnings per share for the quarter, Zacks reports. Adecco Group had a return on equity of 12.71% and a net margin of 1.28%.

Adecco Group Trading Up 11.0 %

OTCMKTS:AHEXY opened at $14.22 on Thursday. Adecco Group has a 1 year low of $11.08 and a 1 year high of $21.23. The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 14.81, a PEG ratio of 3.66 and a beta of 1.38. The business has a fifty day moving average of $12.13 and a 200-day moving average of $14.22. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.01 and a current ratio of 1.01.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on AHEXY shares. BNP Paribas upgraded Adecco Group to a “hold” rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. started coverage on Adecco Group in a research note on Thursday, December 5th. They set an “underweight” rating for the company. Finally, Royal Bank of Canada upgraded Adecco Group from a “hold” rating to a “moderate buy” rating in a research note 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 company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Adecco Group Company Profile

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.