Adecco SA (OTCMKTS:AHEXY) Stock Short Interest Report for September

Adecco SA (OTCMKTS:AHEXY) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,903 shares, an increase of 662.3% from the September 15th total of 512 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 29,811 shares, the days-to-cover ratio is currently 0.1 days.

Adecco Stock Performance

Shares of AHEXY opened at $14.35 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.15 and a current ratio of 1.15. Adecco has a twelve month low of $8.98 and a twelve month high of $16.26. The firm’s 50 day moving average price is $14.57 and its two-hundred day moving average price is $12.29. The firm has a market cap of $4.98 billion, a P/E ratio of 14.20, a PEG ratio of 1.37 and a beta of 0.94.

Adecco (OTCMKTS:AHEXY) last issued its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.05. Adecco had a net margin of 1.25% and a return on equity of 12.67%. The company had revenue of $6.93 billion during the quarter, compared to the consensus estimate of $6.83 billion. On average, analysts forecast that Adecco will post 1.45 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Zacks Research raised shares of Adecco from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. BNP Paribas Exane upgraded shares of Adecco from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Adecco in a research note on Wednesday, September 9th. Morgan Stanley reissued an “underweight” rating on shares of Adecco in a research note on Tuesday, September 8th. Finally, Jefferies Financial Group upgraded Adecco from a “moderate sell” rating to a “hold” rating in a report on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Adecco Company Profile

Adecco is a global workforce solutions and talent advisory company headquartered in Zurich, Switzerland. It helps organizations recruit, place and manage employees across a range of industries, while also supporting job seekers with career opportunities, skills development and workforce guidance.

The company’s services include temporary and permanent staffing, recruitment, career transition and outplacement, talent development, outsourcing and workforce consulting. Adecco operates through brands and business lines that include Adecco for staffing and recruitment, Akkodis for technology and engineering consulting, and LHH for professional recruitment, leadership development and career transition services.

Adecco traces its history to the 1996 merger of the Swiss staffing company Adia and France’s Ecco.