|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||48.58 - 49.16|
|52-week range||48.58 - 49.16|
|Beta (5Y monthly)||1.34|
|PE ratio (TTM)||14.77|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Adecco SA (AHEXY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Adecco Group has agreed to buy AKKA Technologies in a deal worth 2 billion euros ($2.4 billion), it said on Wednesday, the biggest deal in the Swiss staffing company's 25-year history. The acquisition of Belgium-based AKKA will make Adecco the world's largest provider of temporary staffing by revenue, overtaking Dutch rival Randstad. Adecco will combine AKKA with its science and IT staffing business Modis to boost its services providing engineering, technical and R&D staff to automakers and aerospace companies.
Adecco Group (AHEXY) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.