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

Key Points

• Wall Street Zen upgraded ManpowerGroup from “hold” to “buy,” although the broader analyst consensus remains “Hold” with an average price target of $51.88.
• ManpowerGroup reported third-quarter adjusted EPS of $1.01, matching estimates and rising from $0.83 year over year, while revenue increased 4.4% to $4.84 billion but slightly missed expectations.
• Shares opened at $41.48 after a 5.2% decline, amid mixed sentiment over uneven labor-market demand and modest fourth-quarter guidance of $1.03–$1.13 EPS.

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

Other equities research analysts also recently issued research reports about the company. BMO Capital Markets boosted their price objective on ManpowerGroup from $49.00 to $63.00 and gave the company an "outperform" rating in a report on Friday, July 17th. JPMorgan Chase & Co. lowered their target price on shares of ManpowerGroup from $59.00 to $50.00 and set a "neutral" rating for the company in a research note on Friday. Weiss Ratings upgraded shares of ManpowerGroup from a "sell (d)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. The Goldman Sachs Group dropped their price objective on ManpowerGroup from $57.00 to $50.00 and set a "neutral" rating on the stock in a report on Thursday. Finally, Barclays raised their price target on ManpowerGroup from $30.00 to $47.00 and gave the stock an "equal weight" rating in a research note on Monday, July 20th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $51.88.

ManpowerGroup Stock Down 5.2%

Shares of NYSE MAN opened at $41.48 on Friday. The stock has a 50 day moving average price of $57.04 and a 200 day moving average price of $43.17. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 1.05. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 16.39, a PEG ratio of 1.64 and a beta of 0.68. ManpowerGroup has a 52-week low of $25.15 and a 52-week high of $63.88.

ManpowerGroup (NYSE:MAN - Get Free Report) last posted its earnings results on Thursday, October 15th. The business services provider reported $1.01 EPS for the quarter, meeting analysts' consensus estimates of $1.01. The company had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.86 billion. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The company's revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 earnings per share. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Sell-side analysts expect that ManpowerGroup will post 3.61 earnings per share for the current year.

Institutional Trading of ManpowerGroup

Large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in ManpowerGroup during the 2nd quarter worth $265,921,000. Quantinno Capital Management LP raised its holdings in shares of ManpowerGroup by 235.8% in the first quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider's stock valued at $52,850,000 after buying an additional 1,259,752 shares during the last quarter. Alberta Investment Management Corp purchased a new stake in shares of ManpowerGroup in the second quarter valued at about $33,702,000. Wellington Management Group LLP acquired a new stake in shares of ManpowerGroup during the second quarter worth about $25,709,000. Finally, RBF Capital LLC boosted its stake in shares of ManpowerGroup by 1.0% during the first quarter. RBF Capital LLC now owns 475,017 shares of the business services provider's stock worth $13,994,000 after buying an additional 4,934 shares during the period. Institutional investors and hedge funds own 98.03% of the company's stock.

Key ManpowerGroup News

Here are the key news stories impacting ManpowerGroup this week:

• Positive Sentiment: ManpowerGroup reported third-quarter adjusted earnings of $1.01 per share, matching consensus and increasing from $0.83 a year earlier. Revenue rose 4.4% year over year to approximately $4.84 billion, while reported net earnings per diluted share increased to $0.71 from $0.38. ManpowerGroup Reports Third-Quarter 2026 Results
• Positive Sentiment: Management cited continued growth in the Manpower business, improving Experis trends—including a return to growth for U.S. Experis—and stronger results in Northern Europe. Cost actions also supported improving SG&A trends. ManpowerGroup Reports Third-Quarter 2026 Results
• Neutral Sentiment: Becky Frankiewicz, currently president and chief strategy officer, will become CEO on January 1, 2027, while Jonas Prising moves to executive chair. The transition may support the company’s artificial-intelligence strategy, but it also introduces execution uncertainty. ManpowerGroup Announces Leadership Transition
• Negative Sentiment: Third-quarter revenue of $4.84 billion came in slightly below the $4.86 billion analyst estimate. The miss was modest, but it reinforced concerns that labor-market demand remains uneven despite earnings growth. ManpowerGroup Shares Fall as Revenue Misses Forecasts
• Negative Sentiment: Fourth-quarter EPS guidance of $1.03 to $1.13 was centered near the $1.10 consensus estimate, but the outlook and projected 3%–7% constant-currency revenue growth were viewed as insufficient to offset near-term uncertainty. ManpowerGroup Fourth-Quarter Forecast
• Negative Sentiment: Analysts cut their valuations following the report: JPMorgan reduced its price target to $50 from $59 and maintained a neutral rating, while UBS lowered its target to $48 from $56. Additional forecast reductions signal weaker expectations for earnings and revenue recovery. Analysts Cut ManpowerGroup Forecasts

About ManpowerGroup

ManpowerGroup Inc is a global workforce solutions and staffing company headquartered in Milwaukee, Wisconsin. Founded in 1948, the company helps organizations recruit, manage and develop talent while assisting individuals with finding employment and advancing their careers.

ManpowerGroup provides temporary, permanent and contract staffing; recruitment process outsourcing; workforce management; career transition and outplacement services; and talent development programs. 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, career management and workforce consulting services.

The company serves employers and job seekers across a broad range of industries and geographic markets, with operations spanning numerous countries and territories worldwide.

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