Recent Research Analysts’ Ratings Updates for ManpowerGroup (MAN)

ManpowerGroup (NYSE: MAN) has recently received a number of price target changes and ratings updates:

  • 2/5/2018 – ManpowerGroup was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $137.00 price target on the stock. According to Zacks, “ManpowerGroup reported strong fourth-quarter 2017 results with healthy year-over-year increase in earnings and revenues on the back of diligent execution of operational plans. ManpowerGroup’s brand value and strong global network provide a competitive advantage and reinforces its dominant position in the market. Through its cost recalibration and simplification plan, the company has regularly fine-tuned its network and augmented its global delivery model. Management is focusing on internal drivers like disciplined pricing and tough control on productivity to improve margins. The company is poised to grow on the back of a productive workforce and sound restructuring initiatives. However, revenues are likely to be affected by the Brexit referendum as nearly two-thirds of the total revenue come from Europe and the U.K. ManpowerGroup has also underperformed the industry in the last three months.”
  • 2/5/2018 – ManpowerGroup had its price target lowered by analysts at BMO Capital Markets to $136.00. They now have a “buy” rating on the stock.
  • 2/2/2018 – ManpowerGroup was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “ManpowerGroup’s brand value and strong global network provide a competitive advantage and reinforces its dominant position in the market. Through its cost recalibration and simplification plan, the company has regularly fine-tuned its network and augmented its global delivery model. Management is focusing on internal drivers like disciplined pricing and tough control on productivity to improve margins. The company is poised to grow on the back of a productive workforce and sound restructuring initiatives. However, revenues are likely to be affected by the Brexit referendum as nearly two-thirds of the total revenue come from Europe and the U.K. Margin contraction also remains a perennial threat for the company due to higher operating expenses and softness in the Right Management business. Stiff industry competition remains another headwind. ManpowerGroup has also underperformed the industry in the last three months.”
  • 2/2/2018 – ManpowerGroup was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 1/11/2018 – ManpowerGroup was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $145.00 price target on the stock. According to Zacks, “ManpowerGroup’s brand value and strong global network provide a competitive advantage and reinforces its dominant position in the market. Through its cost recalibration and simplification plan, the company has regularly fine-tuned its network and augmented its global delivery model. The company is also making significant investments to expand permanent recruitment solutions offerings. Management is focusing on internal drivers like disciplined pricing and tough control on productivity to improve margins. The company is poised to grow on the back of a productive workforce and sound restructuring initiatives. The European business is expected to strengthen in future as it leverages a well-established global network. However, revenues are likely to be affected by the Brexit referendum as nearly two-thirds of the total revenue come from Europe and the U.K. ManpowerGroup has also underperformed the industry in the last three months.”
  • 1/9/2018 – ManpowerGroup had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $110.00 price target on the stock.

ManpowerGroup Inc. (MAN) opened at $115.60 on Monday. ManpowerGroup Inc. has a twelve month low of $94.34 and a twelve month high of $136.93. The company has a current ratio of 1.28, a quick ratio of 1.29 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $7,660.00, a P/E ratio of 14.34 and a beta of 1.28.

ManpowerGroup (NYSE:MAN) last posted its quarterly earnings data on Friday, February 2nd. The business services provider reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.07. ManpowerGroup had a return on equity of 17.86% and a net margin of 2.59%. The company had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same period in the prior year, the business earned $1.87 earnings per share. ManpowerGroup’s revenue for the quarter was up 13.7% compared to the same quarter last year. equities research analysts forecast that ManpowerGroup Inc. will post 8.96 EPS for the current year.

In other news, Director Edward J. Zore sold 10,000 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $127.00, for a total value of $1,270,000.00. Following the completion of the sale, the director now directly owns 29,876 shares of the company’s stock, valued at $3,794,252. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Cari M. Dominguez sold 500 shares of the stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $126.29, for a total value of $63,145.00. Following the completion of the sale, the director now directly owns 16,990 shares of the company’s stock, valued at $2,145,667.10. The disclosure for this sale can be found here. Insiders sold 13,500 shares of company stock valued at $1,715,765 over the last three months. 0.87% of the stock is owned by company insiders.

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.

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