ManpowerGroup (NYSE:MAN) – Analysts at SunTrust Banks issued their Q3 2018 earnings estimates for ManpowerGroup in a note issued to investors on Monday. SunTrust Banks analyst T. Sommer forecasts that the business services provider will earn $2.18 per share for the quarter. SunTrust Banks also issued estimates for ManpowerGroup’s Q4 2018 earnings at $2.08 EPS and FY2018 earnings at $7.51 EPS.

Several other brokerages also recently issued reports on MAN. Northcoast Research restated a “neutral” rating on shares of ManpowerGroup in a research report on Monday, July 17th. BMO Capital Markets upped their price objective on ManpowerGroup from $113.00 to $124.00 and gave the company an “outperform” rating in a research report on Friday, July 14th. Royal Bank Of Canada restated a “sector perform” rating and issued a $111.00 price objective (up from $104.00) on shares of ManpowerGroup in a research report on Friday, July 14th. Zacks Investment Research upgraded ManpowerGroup from a “hold” rating to a “buy” rating and set a $125.00 price objective on the stock in a research report on Tuesday, July 4th. Finally, BidaskClub upgraded ManpowerGroup from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. ManpowerGroup has an average rating of “Buy” and a consensus price target of $102.71.

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ManpowerGroup (NYSE:MAN) traded down 2.67% on Wednesday, hitting $105.34. The stock had a trading volume of 769,316 shares. The stock has a market cap of $7.07 billion, a price-to-earnings ratio of 16.41 and a beta of 1.40. The stock’s 50 day moving average is $110.31 and its 200 day moving average is $102.04. ManpowerGroup has a one year low of $66.50 and a one year high of $119.59.

ManpowerGroup (NYSE:MAN) last posted its quarterly earnings results on Monday, July 24th. The business services provider reported $1.72 EPS for the quarter, missing the consensus estimate of $1.73 by $0.01. ManpowerGroup had a return on equity of 17.90% and a net margin of 2.24%. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.06 billion. During the same quarter in the prior year, the firm earned $1.60 EPS. The firm’s revenue was up 2.5% on a year-over-year basis.

In related news, SVP Richard Buchband sold 1,250 shares of the stock in a transaction dated Monday, June 19th. The stock was sold at an average price of $109.00, for a total transaction of $136,250.00. Following the transaction, the senior vice president now directly owns 3,884 shares in the company, valued at $423,356. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.87% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in MAN. World Asset Management Inc increased its position in ManpowerGroup by 0.7% in the first quarter. World Asset Management Inc now owns 5,309 shares of the business services provider’s stock worth $545,000 after buying an additional 37 shares during the period. FormulaFolio Investments LLC increased its position in ManpowerGroup by 0.7% in the first quarter. FormulaFolio Investments LLC now owns 5,016 shares of the business services provider’s stock worth $515,000 after buying an additional 37 shares during the period. Gateway Investment Advisers LLC increased its position in ManpowerGroup by 0.3% in the second quarter. Gateway Investment Advisers LLC now owns 17,669 shares of the business services provider’s stock worth $1,973,000 after buying an additional 46 shares during the period. Robecosam AG increased its position in ManpowerGroup by 0.7% in the first quarter. Robecosam AG now owns 7,048 shares of the business services provider’s stock worth $726,000 after buying an additional 49 shares during the period. Finally, Kovitz Investment Group Partners LLC increased its position in ManpowerGroup by 0.9% in the first quarter. Kovitz Investment Group Partners LLC now owns 7,365 shares of the business services provider’s stock worth $755,000 after buying an additional 65 shares during the period. Institutional investors own 93.39% of the company’s stock.

ManpowerGroup Company Profile

ManpowerGroup Inc is a provider of workforce solutions and services. The Company’s segments include Americas, Southern Europe, Northern Europe, Asia Pacific Middle East (APME), Right Management and Corporate. The Company’s Americas segment includes operations in the United States and Other Americas. Its Southern Europe segment includes operations in France, Italy and Other Southern Europe.

Earnings History and Estimates for ManpowerGroup (NYSE:MAN)

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