ManpowerGroup (NYSE:MAN) Stock Bumped Down to “Strong Sell” by Zacks Research

Zacks Research downgraded shares of ManpowerGroup (NYSE:MAN) from a hold rating to a strong sell rating in a research report report published on Tuesday morning,Zacks reports.

Several other brokerages have also weighed in on MAN. Robert W. Baird cut their price objective on shares of ManpowerGroup from $72.00 to $65.00 and set an “outperform” rating on the stock in a research report on Friday, October 16th. The Goldman Sachs Group decreased their target price on shares of ManpowerGroup from $57.00 to $50.00 and set a “neutral” rating for the company in a research report on Thursday, October 15th. Wall Street Zen upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Sunday. Weiss Ratings upgraded shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, UBS Group reduced their price objective on shares of ManpowerGroup from $56.00 to $48.00 and set a “neutral” rating for the company in a research note on Friday, October 16th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $51.25.

ManpowerGroup Stock Up 3.8%

MAN opened at $44.62 on Tuesday. ManpowerGroup has a fifty-two week low of $25.15 and a fifty-two week high of $63.88. The business has a 50-day moving average of $56.24 and a 200-day moving average of $43.56. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.05 and a quick ratio of 1.04. The company has a market capitalization of $2.08 billion, a PE ratio of 17.64, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68.

ManpowerGroup (NYSE:MAN) last announced its quarterly earnings results on Thursday, October 15th. The business services provider reported $1.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The business had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the company earned $0.83 EPS. The firm’s revenue was up 4.4% on a year-over-year basis. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Equities research analysts forecast that ManpowerGroup will post 3.60 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC bought a new stake in ManpowerGroup during the second quarter valued at about $30,000. Elevation Wealth Partners LLC increased its stake in shares of ManpowerGroup by 2,007.4% in the second quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock worth $38,000 after purchasing an additional 1,084 shares during the period. SJS Investment Consulting Inc. acquired a new position in shares of ManpowerGroup during the 1st quarter worth about $57,000. Allworth Financial LP acquired a new position in shares of ManpowerGroup during the 2nd quarter worth about $88,000. Finally, Nykredit A S bought a new stake in ManpowerGroup during the 2nd quarter valued at approximately $90,000. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup Company Profile

ManpowerGroup Inc is a global workforce solutions and employment services company headquartered in Milwaukee, Wisconsin. Through its brands, the company provides temporary and permanent staffing, recruitment, workforce management, talent development, and career transition services to businesses and job seekers.

Its principal brands include Manpower, which specializes in staffing and workforce services; Experis, which focuses on information technology and professional talent; and Talent Solutions, which provides recruitment process outsourcing, talent consulting, leadership development, and outplacement services.