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

Key Points

• ManpowerGroup shares reached a new 52-week low of $37.57, after closing at $38.14, indicating potential concerns among investors regarding the company's stock performance.
• Equities analysts have given the stock a consensus rating of "Hold" with a price target of $48.20, suggesting that they do not expect significant upward movement in the near future.
• Despite recent challenges, ManpowerGroup reported earnings per share of $0.78 for the last quarter, surpassing estimates and reflecting its continued revenue generation capabilities.

ManpowerGroup Inc. (NYSE:MAN - Get Free Report)'s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $37.57 and last traded at $37.68, with a volume of 236698 shares. The stock had previously closed at $38.14.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MAN. Wall Street Zen upgraded ManpowerGroup from a "sell" rating to a "hold" rating in a report on Friday, June 27th. UBS Group upped their price objective on ManpowerGroup from $42.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Five equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $48.20.

ManpowerGroup Trading Down 1.9%

The stock has a market capitalization of $1.73 billion, a PE ratio of -98.31 and a beta of 1.08. 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 50 day moving average price of $41.26 and a 200-day moving average price of $44.88.

ManpowerGroup (NYSE:MAN - Get Free Report) last released 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. The company had revenue of $4.52 billion for the quarter, compared to the consensus estimate of $4.34 billion. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.ManpowerGroup's quarterly revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.30 earnings per share. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. Sell-side analysts expect that ManpowerGroup Inc. will post 4.23 earnings per share for the current year.

Institutional Investors Weigh In On ManpowerGroup

Several large investors have recently made changes to their positions in MAN. Balyasny Asset Management L.P. increased its holdings in shares of ManpowerGroup by 696.9% in the second quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider's stock worth $40,039,000 after purchasing an additional 866,693 shares during the last quarter. Brickwood Asset Management LLP bought a new stake in shares of ManpowerGroup in the second quarter worth about $29,649,000. Invesco Ltd. increased its holdings in shares of ManpowerGroup by 36.1% in the first quarter. Invesco Ltd. now owns 2,608,221 shares of the business services provider's stock worth $150,964,000 after purchasing an additional 691,678 shares during the last quarter. Schroder Investment Management Group increased its holdings in shares of ManpowerGroup by 48.2% in the second quarter. Schroder Investment Management Group now owns 1,778,578 shares of the business services provider's stock worth $71,855,000 after purchasing an additional 578,843 shares during the last quarter. Finally, ARGA Investment Management LP increased its holdings in shares of ManpowerGroup by 539.8% in the first quarter. ARGA Investment Management LP now owns 587,048 shares of the business services provider's stock worth $33,978,000 after purchasing an additional 495,296 shares during the last quarter. 98.03% of the stock is owned by institutional investors.

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.