ManpowerGroup Inc. (NYSE:MAN) Given Average Rating of “Hold” by Analysts

ManpowerGroup Inc. (NYSE:MANGet Free Report) has been given a consensus recommendation of “Hold” by the nine ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $51.3750.

A number of equities analysts have commented on the company. The Goldman Sachs Group boosted their price objective on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research note on Friday. BMO Capital Markets raised their target price on ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday. Wall Street Zen cut ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. UBS Group upped their price target on shares of ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Truist Financial increased their price objective on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a report on Friday.

Check Out Our Latest Stock Report on MAN

More ManpowerGroup News

Here are the key news stories impacting ManpowerGroup this week:

Institutional Trading of ManpowerGroup

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Treasurer of the State of North Carolina boosted its stake in shares of ManpowerGroup by 1.4% in the 2nd quarter. Treasurer of the State of North Carolina now owns 21,513 shares of the business services provider’s stock valued at $869,000 after purchasing an additional 296 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of ManpowerGroup by 3.6% during the second quarter. Cetera Investment Advisers now owns 10,096 shares of the business services provider’s stock worth $408,000 after buying an additional 348 shares during the last quarter. Quarry LP lifted its holdings in ManpowerGroup by 55.3% in the fourth quarter. Quarry LP now owns 1,034 shares of the business services provider’s stock valued at $31,000 after buying an additional 368 shares during the period. Empowered Funds LLC lifted its holdings in ManpowerGroup by 3.2% in the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock valued at $778,000 after buying an additional 414 shares during the period. Finally, State of Wyoming boosted its stake in ManpowerGroup by 7.6% in the second quarter. State of Wyoming now owns 6,197 shares of the business services provider’s stock valued at $250,000 after acquiring an additional 440 shares during the last quarter. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup Stock Performance

NYSE:MAN opened at $52.31 on Friday. The stock has a market capitalization of $2.43 billion, a P/E ratio of 23.78 and a beta of 0.73. The company has a current ratio of 1.04, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27. ManpowerGroup has a 1 year low of $25.15 and a 1 year high of $55.70. The firm has a 50 day moving average of $33.71 and a 200-day moving average of $31.12.

ManpowerGroup (NYSE:MANGet Free Report) last released its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.The business had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.72 billion. During the same period in the prior year, the company earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, sell-side analysts anticipate that ManpowerGroup will post 3.66 EPS for the current fiscal year.

ManpowerGroup Announces Dividend

The business also recently announced a dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.72 per share. This represents a dividend yield of 437.0%. The ex-dividend date was Monday, June 1st. ManpowerGroup’s dividend payout ratio is presently -389.19%.

About ManpowerGroup

(Get Free Report)

ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company’s service offerings are organized into four principal brands.

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Analyst Recommendations for ManpowerGroup (NYSE:MAN)

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