ManpowerGroup (NYSE:MAN) Shares Down 7.1% - Time to Sell?

Key Points

• ManpowerGroup's shares fell by 7.1% on Monday, closing at $38.32, with trading volume down 27% compared to the average.
• The company had a positive earnings report for the last quarter, posting $0.78 EPS, exceeding estimates, but experienced a 0.5% decline in revenue year-over-year.
• Wall Street analysts currently hold an average rating of "Hold" with a price target of $48.20 as five analysts assigned this rating following recent upgrades.

Shares of ManpowerGroup Inc. (NYSE:MAN - Get Free Report) dropped 7.1% on Monday . The stock traded as low as $38.21 and last traded at $38.32. Approximately 656,478 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 898,520 shares. The stock had previously closed at $41.26.

Wall Street Analysts Forecast Growth

MAN has been the subject of several recent analyst reports. Wall Street Zen upgraded ManpowerGroup from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. UBS Group boosted their price target on ManpowerGroup from $42.00 to $45.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $48.20.

ManpowerGroup Stock Performance

The company has a market cap of $1.78 billion, a PE ratio of -101.21 and a beta of 1.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.98 and a quick ratio of 0.98. The business has a 50-day moving average of $41.89 and a 200 day moving average of $45.63.

ManpowerGroup (NYSE:MAN - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The business services provider reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.09. The company had revenue of $4.52 billion during the quarter, compared to analysts' expectations of $4.34 billion. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.ManpowerGroup's revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.30 earnings per share. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. Equities research analysts anticipate that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.

Institutional Trading of ManpowerGroup

Several hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. grew its holdings in ManpowerGroup by 123.7% during the second quarter. Osaic Holdings Inc. now owns 13,448 shares of the business services provider's stock valued at $545,000 after purchasing an additional 7,437 shares during the period. Orion Porfolio Solutions LLC grew its holdings in ManpowerGroup by 162.9% during the second quarter. Orion Porfolio Solutions LLC now owns 50,118 shares of the business services provider's stock valued at $2,025,000 after purchasing an additional 31,055 shares during the period. State of Wyoming grew its holdings in ManpowerGroup by 7.6% during the second quarter. State of Wyoming now owns 6,197 shares of the business services provider's stock valued at $250,000 after purchasing an additional 440 shares during the period. FORA Capital LLC bought a new stake in ManpowerGroup during the second quarter valued at about $215,000. Finally, Tower Research Capital LLC TRC grew its holdings in ManpowerGroup by 778.2% during the second quarter. Tower Research Capital LLC TRC now owns 17,872 shares of the business services provider's stock valued at $722,000 after purchasing an additional 15,837 shares during the period. Institutional investors own 98.03% of the company's stock.

ManpowerGroup Company Profile

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.