ManpowerGroup (NYSE:MAN) Upgraded to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen upgraded ManpowerGroup to “Buy” from “Hold,” though broader analyst sentiment remains “Hold,” with three Buy, six Hold, and one Sell rating and an average price target of $51.25.
• ManpowerGroup reported quarterly EPS of $1.01, matching consensus, while revenue reached $4.84 billion and rose 4.4% year over year, slightly below expectations.
• The stock opened at $47.64, with a $25.15–$63.88 52-week range and a $2.22 billion market capitalization; institutional investors own approximately 98.03% of outstanding shares.

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 Tuesday, Wall Street Zen reports.

Several other equities analysts have also recently commented on MAN. Robert W. Baird reduced their target price on ManpowerGroup from $72.00 to $65.00 and set an "outperform" rating for the company in a research report on Friday, October 16th. BMO Capital Markets lowered their price target on shares of 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 cut shares of ManpowerGroup from a "hold" rating to a "strong sell" rating in a research report on Tuesday, October 20th. Barclays boosted their price target on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an "equal weight" rating in a research report on Monday, July 20th. Finally, UBS Group dropped their target price on shares of ManpowerGroup from $56.00 to $48.00 and set a "neutral" rating on the stock in a report on Friday, October 16th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $51.25.

ManpowerGroup Stock Performance

NYSE:MAN opened at $47.64 on Tuesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 1.05. ManpowerGroup has a fifty-two week low of $25.15 and a fifty-two week high of $63.88. The company has a 50 day simple moving average of $54.13 and a two-hundred day simple moving average of $39.95. The company has a market capitalization of $2.22 billion, a PE ratio of 18.83, a P/E/G ratio of 1.82 and a beta of 0.68.

ManpowerGroup (NYSE:MAN - Get Free Report) last posted its quarterly earnings results on Thursday, October 15th. The business services provider reported $1.01 EPS for the quarter, hitting analysts' consensus estimates of $1.01. ManpowerGroup had a net margin of 0.64% and a return on equity of 7.78%. The business had revenue of $4.84 billion during the quarter, compared to analysts' expectations of $4.86 billion. During the same period last year, the company posted $0.83 earnings per share. The business's quarterly revenue was up 4.4% on a year-over-year basis. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Research analysts anticipate that ManpowerGroup will post 3.60 earnings per share for the current year.

Hedge Funds Weigh In On ManpowerGroup

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in ManpowerGroup during the second quarter valued at $265,921,000. Quantinno Capital Management LP increased its position in 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 worth $52,850,000 after buying an additional 1,259,752 shares in the last quarter. Alberta Investment Management Corp bought a new position in shares of ManpowerGroup in the second quarter worth about $33,702,000. Wellington Management Group LLP bought a new position in shares of ManpowerGroup in the second quarter worth about $25,709,000. Finally, RBF Capital LLC raised its stake in shares of ManpowerGroup by 1.0% in 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. 98.03% of the stock is owned by institutional investors.

About ManpowerGroup

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.

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