ManpowerGroup (NYSE:MAN) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded ManpowerGroup from “buy” to “hold.” The broader analyst consensus is also “Hold,” with three Buy ratings and six Hold ratings and an average price target of $53.50.
• ManpowerGroup shares opened at $61.92, near their 52-week high of $63.88, after rising 0.7%. The stock trades at a P/E ratio of 28.15 and has a market capitalization of approximately $2.88 billion.
• The company reported quarterly earnings of $0.99 per share, beating estimates of $0.96, while revenue reached $4.86 billion versus the $4.72 billion consensus. Institutional investors and hedge funds own approximately 98.03% of the shares.

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

Other equities research analysts have also issued reports about the stock. The Goldman Sachs Group lifted their price target on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a "neutral" rating in a report on Friday, July 17th. Barclays upped their price target on shares of ManpowerGroup from $30.00 to $47.00 and gave the stock an "equal weight" rating in a report on Monday, July 20th. BMO Capital Markets increased their price target on ManpowerGroup from $49.00 to $63.00 and gave the company an "outperform" rating in a research note on Friday, July 17th. UBS Group boosted their price objective on ManpowerGroup from $41.00 to $55.00 and gave the stock a "neutral" rating in a research report on Friday, July 17th. Finally, Weiss Ratings raised ManpowerGroup from a "sell (d)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Three equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $53.50.

ManpowerGroup Trading Up 0.7%

Shares of MAN stock opened at $61.92 on Friday. ManpowerGroup has a fifty-two week low of $25.15 and a fifty-two week high of $63.88. The stock's fifty day moving average price is $52.05 and its two-hundred day moving average price is $37.41. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $2.88 billion, a PE ratio of 28.15, a P/E/G ratio of 2.43 and a beta of 0.70.

ManpowerGroup (NYSE:MAN - Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.03. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.The business had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.72 billion. During the same period in the prior year, the company earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Equities analysts predict that ManpowerGroup will post 3.62 EPS for the current fiscal year.

Institutional Trading of ManpowerGroup

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Baird Financial Group Inc. acquired a new position in ManpowerGroup during the 1st quarter worth about $219,000. Goldman Sachs Group Inc. raised its position in shares of ManpowerGroup by 12.5% during the first quarter. Goldman Sachs Group Inc. now owns 347,423 shares of the business services provider's stock worth $20,109,000 after acquiring an additional 38,710 shares during the last quarter. Empowered Funds LLC raised its position in shares of ManpowerGroup by 3.2% during the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider's stock worth $778,000 after acquiring an additional 414 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of ManpowerGroup by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,104 shares of the business services provider's stock worth $9,325,000 after acquiring an additional 13,906 shares during the period. Finally, Focus Partners Wealth acquired a new position in shares of ManpowerGroup in the first quarter worth approximately $348,000. 98.03% of the stock is currently owned by institutional investors and hedge funds.

About ManpowerGroup

ManpowerGroup NYSE: MAN is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company's service offerings are organized into four principal brands.

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