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

Adecco Group (OTCMKTS:AHEXY) was upgraded by equities researchers at Barclays to a “strong-buy” rating in a research note issued to investors on Wednesday, Zacks.com reports.

Adecco Group Stock Performance

OTCMKTS AHEXY opened at $16.55 on Wednesday. The company has a fifty day moving average price of $18.30 and a 200-day moving average price of $20.17. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market cap of $5.57 billion, a price-to-earnings ratio of 16.55, a PEG ratio of 0.68 and a beta of 1.47. Adecco Group has a 1 year low of $16.06 and a 1 year high of $24.70.

Adecco Group (OTCMKTS:AHEXY) last released its quarterly earnings data on Tuesday, May 7th. The business services provider reported $0.32 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. As a group, equities research analysts predict that Adecco Group will post 1.7 EPS for the current fiscal year.

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.