Sodexo (SDXAY) Projected to Post Quarterly Earnings on Friday

Sodexo (OTCMKTS:SDXAY) is expected to be issuing its quarterly earnings data before the market opens on Friday, April 4th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $12.98 billion for the quarter.

Sodexo Trading Down 0.8 %

SDXAY opened at $12.68 on Wednesday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.03 and a current ratio of 1.08. The firm’s fifty day moving average is $14.95 and its 200 day moving average is $16.02. Sodexo has a fifty-two week low of $12.68 and a fifty-two week high of $20.55.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on SDXAY shares. The Goldman Sachs Group lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 26th. Hsbc Global Res lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 27th. Barclays cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft cut shares of Sodexo to a “hold” rating in a research note on Friday, March 21st. Finally, BNP Paribas cut shares of Sodexo from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently 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.