ManpowerGroup (NYSE:MAN) Stock Rating Lowered by Wall Street Zen

ManpowerGroup (NYSE:MANGet Free Report) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday, Wall Street Zen reports.

Other analysts have also issued research reports about the stock. Barclays boosted their price target on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research note on Monday, July 20th. The Goldman Sachs Group raised their price objective on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. Truist Financial lifted their price objective on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 17th. UBS Group boosted their target price on shares of ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Finally, Weiss Ratings raised shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, ManpowerGroup presently has an average rating of “Hold” and an average target price of $53.50.

Get Our Latest Stock Analysis on MAN

ManpowerGroup Trading Down 0.1%

Shares of ManpowerGroup stock opened at $61.92 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. ManpowerGroup has a 52 week low of $25.15 and a 52 week high of $63.88. The stock has a 50 day moving average price of $52.05 and a two-hundred day moving average price of $37.47. The stock has a market capitalization of $2.88 billion, a PE ratio of 28.15, a price-to-earnings-growth ratio of 2.45 and a beta of 0.70.

ManpowerGroup (NYSE:MANGet Free Report) last released its quarterly earnings data on Thursday, July 16th. The business services provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.96 by $0.03. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.The firm had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.72 billion. During the same quarter in the previous year, the company posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, equities analysts anticipate that ManpowerGroup will post 3.62 earnings per share for the current fiscal year.

Hedge Funds Weigh In On ManpowerGroup

A number of hedge funds have recently bought and sold shares of MAN. Treasurer of the State of North Carolina grew its holdings in shares of ManpowerGroup by 1.4% in the second 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 acquiring an additional 296 shares in the last quarter. Cetera Investment Advisers lifted its holdings in 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 acquiring an additional 348 shares during the period. Quarry LP lifted its holdings in ManpowerGroup by 55.3% during the fourth quarter. Quarry LP now owns 1,034 shares of the business services provider’s stock worth $31,000 after acquiring an additional 368 shares during the period. Empowered Funds LLC boosted its position in ManpowerGroup by 3.2% in the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock worth $778,000 after purchasing an additional 414 shares during the last quarter. Finally, State of Wyoming boosted its position in ManpowerGroup by 7.6% in the second quarter. State of Wyoming now owns 6,197 shares of the business services provider’s stock worth $250,000 after purchasing an additional 440 shares during the last quarter. 98.03% of the stock is owned by hedge funds and other institutional investors.

ManpowerGroup Company Profile

(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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