ManpowerGroup (NYSE:MAN) Hits New 1-Year Low - Here's Why

Key Points

• ManpowerGroup's shares reached a new 52-week low of $37.71 during trading, closing at $37.85 with a trading volume of 107,402 shares.
• Despite the falling stock price, analysts have a neutral rating on the company, with UBS recently raising the target price from $42.00 to $45.00.
• In its latest earnings report, ManpowerGroup reported $0.78 earnings per share, exceeding estimates, but its revenue was down 0.5% year-over-year at $4.52 billion.

ManpowerGroup Inc. (NYSE:MAN - Get Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as $37.71 and last traded at $37.85, with a volume of 107402 shares changing hands. The stock had previously closed at $38.44.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. UBS Group boosted their target price on shares of ManpowerGroup from $42.00 to $45.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Wall Street Zen raised ManpowerGroup from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $48.20.

ManpowerGroup Price Performance

The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.24. The stock has a market cap of $1.75 billion, a PE ratio of -99.73 and a beta of 1.08. The company's 50 day moving average is $42.22 and its 200-day moving average is $45.90.

ManpowerGroup (NYSE:MAN - Get Free Report) last announced its earnings results on Thursday, July 17th. The business services provider reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.09. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.The company had revenue of $4.52 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same period last year, the firm earned $1.30 earnings per share. The company's revenue was down .5% on a year-over-year basis. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. As a group, sell-side analysts predict that ManpowerGroup Inc. will post 4.23 earnings per share for the current year.

Institutional Trading of ManpowerGroup

Several institutional investors and hedge funds have recently bought and sold shares of the company. Allworth Financial LP lifted its holdings in ManpowerGroup by 321.7% in the second quarter. Allworth Financial LP now owns 662 shares of the business services provider's stock worth $27,000 after acquiring an additional 505 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of ManpowerGroup in the 1st quarter worth approximately $30,000. Huntington National Bank grew its holdings in shares of ManpowerGroup by 41.6% in the 2nd quarter. Huntington National Bank now owns 997 shares of the business services provider's stock worth $40,000 after acquiring an additional 293 shares during the last quarter. Fifth Third Bancorp boosted its holdings in shares of ManpowerGroup by 48.6% in the first quarter. Fifth Third Bancorp now owns 743 shares of the business services provider's stock worth $43,000 after buying an additional 243 shares during the period. Finally, GAMMA Investing LLC grew its stake in ManpowerGroup by 190.6% during the 1st quarter. GAMMA Investing LLC now owns 744 shares of the business services provider's stock valued at $43,000 after acquiring an additional 488 shares in the last quarter. Institutional investors and hedge funds own 98.03% of the company's stock.

About ManpowerGroup

ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.

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