Accor (ACCYY) to Announce Quarterly Earnings on Thursday

Accor (OTCMKTS:ACCYY) is expected to be issuing its resultson Thursday, July 30th. Analysts expect Accor to post earnings of $0.1593 per share and revenue of $3.1578 billion for the quarter.

Accor Price Performance

Accor stock opened at $10.55 on Tuesday. The firm has a 50 day moving average price of $10.92 and a 200-day moving average price of $10.65. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.05 and a quick ratio of 1.04. Accor has a twelve month low of $8.71 and a twelve month high of $12.05.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ACCYY. Citigroup restated a “buy” rating on shares of Accor in a research note on Monday, May 11th. Jefferies Financial Group lowered Accor from an “underperform” rating to a “hold” rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Accor currently has a consensus rating of “Moderate Buy”.

About Accor

Accor is a leading global hospitality group headquartered in Issy-les-Moulineaux, France, with operations spanning more than 100 countries across Europe, the Americas, Asia-Pacific, the Middle East and Africa. Founded in 1967 by Paul Dubrule and Gérard Pélisson, the company has grown from a single motel in Lille into one of the world’s largest hotel operators and owners, offering accommodation and hospitality services to both leisure and business travelers.

The company’s extensive brand portfolio covers a wide spectrum of market segments, ranging from luxury and premium offerings to midscale and economy hotels.