ManpowerGroup (NYSE:MAN) Downgraded by Wall Street Zen to "Hold"

Key Points

• Wall Street Zen downgraded ManpowerGroup from “Buy” to “Hold.” Across analysts, the stock has an average “Hold” rating and an average price target of $51.39.
• Other analysts revised targets in mixed fashion: BMO cut its target to $58, JPMorgan to $50, and UBS to $48; ratings ranged from “Strong Sell” to “Outperform.”
• In its latest reported quarter, ManpowerGroup earned $1.01 per share, matching estimates, while revenue of $4.84 billion fell slightly short of forecasts but rose 4.4% year over year.

ManpowerGroup (NYSE:MAN - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued on Wednesday, Wall Street Zen reports.

Other research analysts have also recently issued reports about the company. BMO Capital Markets dropped their price target on ManpowerGroup from $63.00 to $58.00 and set an "outperform" rating for the company in a research note on Monday, October 19th. Zacks Research lowered ManpowerGroup from a "hold" rating to a "strong sell" rating in a research report on Tuesday, October 20th. JPMorgan Chase & Co. lowered their target price on ManpowerGroup from $59.00 to $50.00 and set a "neutral" rating for the company in a report on Friday, October 16th. UBS Group dropped their target price on ManpowerGroup from $56.00 to $48.00 and set a "neutral" rating for the company in a research report on Friday, October 16th. Finally, Barclays increased their target price on ManpowerGroup from $30.00 to $47.00 and gave the company an "equal weight" rating in a research report on Monday, July 20th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $51.39.

ManpowerGroup Price Performance

Shares of ManpowerGroup stock opened at $45.95 on Wednesday. ManpowerGroup has a twelve month low of $25.15 and a twelve month high of $63.88. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.26. The company has a 50-day simple moving average of $52.15 and a two-hundred day simple moving average of $40.40. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 18.16, a price-to-earnings-growth ratio of 1.77 and a beta of 0.78.

ManpowerGroup (NYSE:MAN - Get Free Report) last posted its quarterly earnings data on Thursday, October 15th. The business services provider reported $1.01 EPS for the quarter, hitting analysts' consensus estimates of $1.01. The firm 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 company's revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the company earned $0.83 EPS. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Analysts forecast that ManpowerGroup will post 3.60 EPS for the current year.

Institutional Trading of ManpowerGroup

Several institutional investors have recently made changes to their positions in the company. Global Retirement Partners LLC purchased a new position in shares of ManpowerGroup in the 2nd quarter worth about $30,000. Elevation Wealth Partners LLC boosted its stake in ManpowerGroup by 2,007.4% in the 2nd 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 in the last quarter. Signaturefd LLC grew its position in ManpowerGroup by 31.1% during the 3rd quarter. Signaturefd LLC now owns 1,125 shares of the business services provider's stock valued at $63,000 after purchasing an additional 267 shares during the last quarter. Allworth Financial LP purchased a new stake in ManpowerGroup during the 2nd quarter valued at about $88,000. Finally, EverSource Wealth Advisors LLC increased its stake in ManpowerGroup by 55.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,021 shares of the business services provider's stock valued at $89,000 after purchasing an additional 1,074 shares in the last quarter. Institutional investors own 98.03% of the company's stock.

About ManpowerGroup

ManpowerGroup Inc. is a global workforce solutions company that helps organizations find, manage and develop talent. Its services include permanent and temporary recruitment, staffing, workforce management, outsourcing and career-transition support. The company operates through brands including Manpower, Experis and Talent Solutions. These businesses serve employers and job seekers across a range of industries, offering services from general staffing and professional recruitment to technology talent and workforce development.

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