Adecco Group AG (OTCMKTS:AHEXY) Declares $0.32 Dividend

Adecco Group AG (OTCMKTS:AHEXY) declared a dividend on Thursday, April 17th, investing.com reports. Investors of record on Friday, April 25th will be paid a dividend of 0.3169 per share by the business services provider on Friday, May 9th. This represents a yield of 2.4%. The ex-dividend date is Thursday, April 24th.

Adecco Group Stock Down 0.9 %

AHEXY opened at $13.11 on Friday. 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 has a 12 month low of $11.08 and a 12 month high of $20.21. The stock’s 50 day moving average price is $13.98 and its 200 day moving average price is $13.70. The stock has a market cap of $4.42 billion, a P/E ratio of 13.66, a P/E/G ratio of 3.66 and a beta of 1.19.

Adecco Group (OTCMKTS:AHEXY) last posted its quarterly earnings data on Wednesday, February 26th. The business services provider reported $0.34 earnings per share for the quarter. Adecco Group had a net margin of 1.28% and a return on equity of 12.71%. The business had revenue of $6.27 billion during the quarter. As a group, research analysts predict that Adecco Group will post 1.32 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. The Goldman Sachs Group upgraded shares of Adecco Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 28th. BNP Paribas upgraded Adecco Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 14th. One analyst has rated the stock with a sell rating, one has given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “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.