ManpowerGroup (NYSE:MAN) Shares Gap Down – Here’s What Happened

ManpowerGroup Inc. (NYSE:MAN)’s stock price gapped down prior to trading on Thursday. The stock had previously closed at $55.58, but opened at $52.08. ManpowerGroup shares last traded at $56.4880, with a volume of 133,557 shares.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on MAN shares. Truist Financial increased their target price on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Weiss Ratings raised shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. UBS Group raised their price target on shares of ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Wall Street Zen raised ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. Finally, BMO Capital Markets increased their target price on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, ManpowerGroup presently has an average rating of “Hold” and an average target price of $53.50.

ManpowerGroup Price Performance

The firm has a market capitalization of $2.64 billion, a P/E ratio of 25.75, a P/E/G ratio of 2.24 and a beta of 0.70. The stock’s fifty day simple moving average is $57.62 and its 200 day simple moving average is $41.23. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.04.

ManpowerGroup (NYSE:MAN) last issued its quarterly earnings data on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. The firm had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same quarter in the previous year, the firm earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, equities research analysts predict that ManpowerGroup Inc. will post 3.62 EPS for the current year.

Institutional Trading of ManpowerGroup

Several hedge funds and other institutional investors have recently made changes to their positions in MAN. Global Retirement Partners LLC acquired a new position in ManpowerGroup during the 2nd quarter valued at about $30,000. Elevation Wealth Partners LLC grew its stake in shares of ManpowerGroup by 2,007.4% during the second quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock worth $38,000 after acquiring an additional 1,084 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of ManpowerGroup by 320.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,376 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 1,049 shares in the last quarter. SJS Investment Consulting Inc. purchased a new position in shares of ManpowerGroup in the 1st quarter valued at approximately $57,000. Finally, Allworth Financial LP purchased a new position in shares of ManpowerGroup in the 2nd quarter valued at approximately $88,000. Hedge funds and other institutional investors own 98.03% of the company’s stock.

ManpowerGroup Company Profile

ManpowerGroup Inc is a global workforce solutions and staffing company headquartered in Milwaukee, Wisconsin. Founded in 1948, the company helps organizations recruit, manage and develop talent while assisting individuals with finding employment and advancing their careers.

ManpowerGroup provides temporary, permanent and contract staffing; recruitment process outsourcing; workforce management; career transition and outplacement services; and talent development programs. Its principal brands include Manpower, which focuses on staffing and workforce solutions; Experis, which specializes in information technology and professional talent; and Talent Solutions, which provides recruitment, career management and workforce consulting services.

The company serves employers and job seekers across a broad range of industries and geographic markets, with operations spanning numerous countries and territories worldwide.