Zacks Research Reduces Earnings Estimates for ManpowerGroup

ManpowerGroup Inc. (NYSE:MAN) – Zacks Research lowered their FY2026 earnings per share (EPS) estimates for ManpowerGroup in a research report issued on Thursday, November 5th. Zacks Research analyst Team now expects that the business services provider will post earnings per share of $3.59 for the year, down from their prior forecast of $3.61. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for ManpowerGroup’s current full-year earnings is $3.60 per share. Zacks Research also issued estimates for ManpowerGroup’s Q4 2026 earnings at $1.08 EPS, Q2 2027 earnings at $1.22 EPS, FY2027 earnings at $4.47 EPS and FY2028 earnings at $6.58 EPS.

Several other equities analysts also recently commented on the stock. Truist Financial upped 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. 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 cut their target price 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. Robert W. Baird reduced their target price on shares of ManpowerGroup from $72.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, October 16th. Finally, BMO Capital Markets reduced their target price on shares of ManpowerGroup from $63.00 to $58.00 and set an “outperform” rating for the company in a report on Monday, October 19th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $51.39.

ManpowerGroup Trading Down 1.4%

Shares of ManpowerGroup stock opened at $46.29 on Friday. The business has a fifty day simple moving average of $53.20 and a two-hundred day simple moving average of $40.19. ManpowerGroup has a 1 year low of $25.15 and a 1 year high of $63.88. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 18.30, a P/E/G ratio of 1.86 and a beta of 0.78. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.05 and a quick ratio of 1.04.

ManpowerGroup (NYSE:MAN) last posted its earnings results on Thursday, October 15th. The business services provider reported $1.01 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.01. The business had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.86 billion. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The firm’s revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.83 EPS. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in MAN. Global Retirement Partners LLC acquired a new stake in shares of ManpowerGroup in the second quarter valued at approximately $30,000. Signaturefd LLC increased its position in shares of ManpowerGroup by 31.1% in the third quarter. Signaturefd LLC now owns 1,125 shares of the business services provider’s stock worth $63,000 after purchasing an additional 267 shares during the period. Elevation Wealth Partners LLC raised its stake in 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 valued at $38,000 after purchasing an additional 1,084 shares in the last quarter. Allworth Financial LP acquired a new position in ManpowerGroup in the second quarter valued at about $88,000. Finally, Nykredit A S acquired a new position in ManpowerGroup in the second quarter valued at about $90,000. 98.03% of the stock is owned by institutional investors.

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.