Zacks Research Expects Reduced Earnings for ManpowerGroup

Key Points

• Zacks Research lowered its FY2026 EPS forecast for ManpowerGroup to $3.59 from $3.61 and rates the stock “Strong Sell”; the consensus estimate is $3.60.
• ManpowerGroup reported quarterly EPS of $1.01, matching expectations, while revenue of $4.84 billion came in below forecasts of $4.86 billion. Revenue rose 4.4% year over year, and the company forecast Q4 EPS of $1.03–$1.13.
• Analyst opinions are mixed: MarketBeat’s consensus rating is “Hold,” with an average price target of $51.39. The stock opened at $46.29 in the report.

ManpowerGroup Inc. (NYSE:MAN - Free Report) - Analysts at Zacks Research lowered their FY2026 earnings per share estimates for shares of ManpowerGroup in a research report issued to clients and investors on Thursday, November 5th. Zacks Research analyst Team now forecasts that the business services provider will post earnings per share of $3.59 for the year, down from their previous estimate of $3.61. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for ManpowerGroup's current full-year earnings is $3.60 per share. Zacks Research also issued estimates for ManpowerGroup's Q4 2026 earnings at $1.08 EPS, Q2 2027 earnings at $1.22 EPS, FY2027 earnings at $4.47 EPS and FY2028 earnings at $6.58 EPS.

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

A number of other analysts have also recently issued reports on MAN. Wall Street Zen raised ManpowerGroup from a "hold" rating to a "buy" rating in a research note on Tuesday. The Goldman Sachs Group cut their price target on shares of ManpowerGroup from $57.00 to $50.00 and set a "neutral" rating on the stock in a research note on Thursday, October 15th. BNP Paribas Exane lowered shares of ManpowerGroup from an "outperform" rating to a "neutral" rating and set a $52.50 price target on the stock. in a research note on Tuesday. Barclays upped their price target on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an "equal weight" rating in a report on Monday, July 20th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of ManpowerGroup from $59.00 to $50.00 and set a "neutral" rating for the company in a research report on Friday, October 16th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, ManpowerGroup has a consensus rating of "Hold" and a consensus target price of $51.39.

ManpowerGroup Trading Down 1.4%

NYSE:MAN opened at $46.29 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.05 and a quick ratio of 1.04. The business's 50-day simple moving average is $53.20 and its 200-day simple moving average is $40.19. ManpowerGroup has a fifty-two week low of $25.15 and a fifty-two week high of $63.88. The stock has a market capitalization of $2.15 billion, a PE ratio of 18.30, a price-to-earnings-growth ratio of 1.86 and a beta of 0.78.

Institutional Investors Weigh In On ManpowerGroup

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC acquired a new stake in ManpowerGroup in the first quarter valued at $1,180,000. Corient Private Wealth LP grew its position in shares of ManpowerGroup by 22.9% in the 2nd quarter. Corient Private Wealth LP now owns 312,609 shares of the business services provider's stock valued at $10,557,000 after acquiring an additional 58,248 shares during the period. Assenagon Asset Management S.A. acquired a new position in shares of ManpowerGroup during the 2nd quarter worth about $4,323,000. Empowered Funds LLC acquired a new position in shares of ManpowerGroup during the 2nd quarter worth about $1,258,000. Finally, Man Group plc acquired a new position in shares of ManpowerGroup during the 2nd quarter worth about $5,462,000. 98.03% of the stock is owned by institutional investors.

ManpowerGroup Company Profile

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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