According to Zacks, “Adecco Group offers a wide variety of services that connects colleagues with clients every day. The services offered fall into the broad categories of temporary staffing, permanent placement, outsourcing, consulting and outplacement. It also provides services in various business lines such as information technology, finance and legal, engineering and technical, medical and science, human capital solutions, sales, marketing and events. Adecco S.A. is headquartered in Glattbrugg, Switzerland. “
A number of other equities research analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating on shares of Adecco Group in a report on Monday, March 1st. UBS Group reiterated a sell rating on shares of Adecco Group in a research note on Wednesday, April 14th. Exane BNP Paribas upgraded shares of Adecco Group from an underperform rating to a neutral rating in a research note on Monday, January 18th. Morgan Stanley reiterated an equal weight rating on shares of Adecco Group in a research note on Thursday, March 18th. Finally, Royal Bank of Canada reiterated an outperform rating on shares of Adecco Group in a research note on Friday, February 26th. Four analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $29.00.
Adecco Group (OTCMKTS:AHEXY) last released its quarterly earnings data on Thursday, February 25th. The business services provider reported $0.55 earnings per share for the quarter. The company had revenue of $6.45 billion for the quarter. Adecco Group had a return on equity of 0.50% and a net margin of 0.09%. On average, equities research analysts anticipate that Adecco Group will post 1.53 EPS for the current year.
The business also recently disclosed an annual dividend, which was paid on Friday, April 30th. Investors of record on Thursday, April 15th were given a $0.824 dividend. This represents a yield of 2.39%. The ex-dividend date was Wednesday, April 14th. This is a boost from Adecco Group’s previous annual dividend of $0.79. Adecco Group’s payout ratio is 33.20%.
Adecco Group Company Profile
Adecco Group AG, together with its subsidiaries, provides human resource services worldwide. It provides temporary staffing, permanent placement, and other services. The company offers workplace solutions for candidates in skilled and unskilled roles across industrial and service sectors under the Adecco brand names, as well as recruitment on demand and online staffing platform for hospitality and events under the Adia brand name.
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