ManpowerGroup Inc. (NYSE:MAN) Stock Has Consensus Target Price of $51.25 According to Analysts

Key Points

• Analysts have a consensus “Hold” rating on ManpowerGroup, with six holds, three buys, and one sell. The average 12-month price target is $51.25, though several major firms recently lowered their targets.
• Institutional investors own approximately 98.03% of the company, with BlackRock and other investment managers recently establishing or significantly increasing positions.
• ManpowerGroup shares opened at $46.25, down 2.7%, while the company’s latest quarterly results met EPS expectations at $1.01 but came slightly below revenue forecasts at $4.84 billion.

ManpowerGroup Inc. (NYSE:MAN - Get Free Report) has been given an average rating of "Hold" by the ten analysts that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $51.25.

MAN has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of ManpowerGroup from a "buy" rating to a "hold" rating in a report on Monday. UBS Group decreased their target price on shares of ManpowerGroup from $56.00 to $48.00 and set a "neutral" rating on the stock in a research note on Friday, October 16th. Weiss Ratings raised ManpowerGroup from a "sell (d)" rating to a "hold (c)" rating in a research report on Tuesday, August 11th. The Goldman Sachs Group reduced their price target on shares of ManpowerGroup from $57.00 to $50.00 and set a "neutral" rating on the stock in a research report on Thursday, October 15th. Finally, JPMorgan Chase & Co. dropped their target price on shares of ManpowerGroup from $59.00 to $50.00 and set a "neutral" rating on the stock in a report on Friday, October 16th.

Institutional Trading of ManpowerGroup

A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in ManpowerGroup during the 2nd quarter valued at $265,921,000. Quantinno Capital Management LP boosted its position 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 worth $52,850,000 after purchasing an additional 1,259,752 shares during the period. Alberta Investment Management Corp purchased a new stake in shares of ManpowerGroup during the second quarter worth about $33,702,000. Wellington Management Group LLP bought a new stake in ManpowerGroup in the 2nd quarter valued at $25,709,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in ManpowerGroup during the 2nd quarter valued at approximately $16,009,000. Institutional investors own 98.03% of the company's stock.

ManpowerGroup Trading Down 2.7%

Shares of ManpowerGroup stock opened at $46.25 on Tuesday. ManpowerGroup has a 1 year low of $25.15 and a 1 year high of $63.88. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 18.28, a P/E/G ratio of 1.89 and a beta of 0.68. The business has a fifty day simple moving average of $55.47 and a two-hundred day simple moving average of $39.56. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.05 and a quick ratio of 1.04.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its quarterly earnings results on Thursday, October 15th. The business services provider reported $1.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The business had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same period in the previous year, the company posted $0.83 EPS. The firm'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 forecast that ManpowerGroup will post 3.60 EPS for the current year.

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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