Sodexo (SDXAY) Expected to Announce Earnings on Friday

Sodexo (OTCMKTS:SDXAY) is projected to post its quarterly earnings results before the market opens on Friday, April 4th. Analysts expect Sodexo to post earnings of $0.65 per share and revenue of $12.98 billion for the quarter.

Sodexo Price Performance

Shares of OTCMKTS SDXAY opened at $12.83 on Thursday. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21. The firm has a 50-day simple moving average of $14.91 and a 200-day simple moving average of $16.00. Sodexo has a 52 week low of $12.68 and a 52 week high of $20.55.

Analyst Upgrades and Downgrades

SDXAY has been the subject of a number of recent analyst reports. Barclays cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 27th. BNP Paribas cut shares of Sodexo from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 16th. Hsbc Global Res downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 27th. The Goldman Sachs Group cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 26th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Sodexo to a “hold” rating in a research note on Friday, March 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.

Sodexo Company Profile

Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.