ManpowerGroup (NYSE:MAN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of ManpowerGroup (NYSE:MAN) from a hold rating to a buy rating in a report issued on Saturday,Wall Street Zen reports.

MAN has been the topic of a number of other research reports. BMO Capital Markets boosted their price objective on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. The Goldman Sachs Group raised their target price on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Barclays boosted their price target on ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. Robert W. Baird upped their price target on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a 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 investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, ManpowerGroup has a consensus rating of “Hold” and a consensus target price of $53.50.

ManpowerGroup Price Performance

MAN opened at $56.56 on Friday. ManpowerGroup has a 52-week low of $25.15 and a 52-week high of $63.88. The company has a 50 day moving average of $56.42 and a two-hundred day moving average of $39.80. The company has a market cap of $2.63 billion, a P/E ratio of 25.71, a P/E/G ratio of 2.28 and a beta of 0.70. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.27.

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Altar Rock LLC acquired a new stake in shares of ManpowerGroup in the 2nd quarter valued at about $202,000. Sequoia Financial Advisors LLC grew its stake in ManpowerGroup by 123.7% in the second quarter. Sequoia Financial Advisors LLC now owns 19,052 shares of the business services provider’s stock worth $643,000 after purchasing an additional 10,537 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in ManpowerGroup in the second quarter worth about $195,000. Nykredit A S bought a new stake in ManpowerGroup in the second quarter valued at about $90,000. Finally, Corient Private Wealth LP increased its holdings in ManpowerGroup by 22.9% in the second quarter. Corient Private Wealth LP now owns 312,609 shares of the business services provider’s stock valued at $10,557,000 after buying an additional 58,248 shares during the last quarter. 98.03% of the stock is currently owned by institutional investors.

ManpowerGroup Company Profile

ManpowerGroup Inc is a global workforce solutions and staffing company that connects organizations with skilled talent and helps individuals build careers. The company provides temporary and permanent recruitment, workforce management, talent development, career transition and outplacement services.

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 process outsourcing, talent consulting and workforce management services.