Adecco Group AG (OTCMKTS:AHEXY) Short Interest Update

Adecco Group AG (OTCMKTS:AHEXY) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 2,100 shares, a decline of 87.1% from the January 31st total of 16,300 shares. Based on an average trading volume of 207,000 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

AHEXY has been the topic of a number of recent research reports. Royal Bank of Canada raised Adecco Group from a “hold” rating to a “moderate buy” rating in a report on Wednesday, November 6th. BNP Paribas raised shares of Adecco Group to a “hold” rating in a research report on Tuesday, November 12th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Adecco Group in a report on Thursday, December 5th. They issued an “underweight” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Adecco Group Stock Performance

Shares of OTCMKTS:AHEXY traded down $0.02 during midday trading on Friday, hitting $13.43. The company had a trading volume of 92,948 shares, compared to its average volume of 142,406. Adecco Group has a 12-month low of $11.08 and a 12-month high of $20.38. The company has a fifty day moving average of $12.16 and a two-hundred day moving average of $14.21. The company has a market cap of $4.52 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 3.66 and a beta of 1.38. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.01 and a quick ratio of 1.01.

Adecco Group (OTCMKTS:AHEXY) last released its quarterly earnings results on Wednesday, February 26th. The business services provider reported $0.34 earnings per share (EPS) for the quarter. Adecco Group had a return on equity of 12.71% and a net margin of 1.28%. The business had revenue of $6.27 billion during the quarter. On average, equities research analysts expect that Adecco Group will post 1.32 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.