ManpowerGroup (NYSE:MAN) Shares Gap Down - Should You Sell?

Key Points

• ManpowerGroup shares opened sharply lower, falling from a prior close of $55.58 to $52.08, though they later traded around $56.49.
• Analyst sentiment remains cautious: the stock has an average “Hold” rating from nine analysts, with an average price target of $53.50, despite some recent upgrades and higher targets.
• The company exceeded quarterly expectations with $0.99 EPS versus a $0.96 estimate and $4.86 billion in revenue versus $4.72 billion expected. Institutional investors own approximately 98% of the outstanding shares.

ManpowerGroup Inc. (NYSE:MAN - Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $55.58, but opened at $52.08. ManpowerGroup shares last traded at $56.4880, with a volume of 133,557 shares trading hands.

Analyst Ratings Changes

Several equities research analysts have issued reports on MAN shares. Wall Street Zen raised ManpowerGroup from a "hold" rating to a "buy" rating in a research note on Saturday, September 19th. UBS Group boosted their target price on ManpowerGroup from $41.00 to $55.00 and gave the stock a "neutral" rating in a research report on Friday, July 17th. Truist Financial upped their target price on ManpowerGroup from $34.00 to $50.00 and gave the stock a "hold" rating in a research note on Friday, July 17th. The Goldman Sachs Group increased their price target on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a "neutral" rating in a research report on Friday, July 17th. Finally, Weiss Ratings raised shares of ManpowerGroup from a "sell (d)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $53.50.

ManpowerGroup Stock Performance

The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. The business has a 50 day moving average price of $57.62 and a two-hundred day moving average price of $41.23. The company has a market cap of $2.64 billion, a P/E ratio of 25.75, a price-to-earnings-growth ratio of 2.24 and a beta of 0.70.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.03. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.The company had revenue of $4.86 billion during the quarter, compared to analysts' expectations of $4.72 billion. During the same period in the prior year, the business posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, sell-side analysts anticipate that ManpowerGroup Inc. will post 3.62 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of ManpowerGroup in the second quarter worth about $265,921,000. Quantinno Capital Management LP grew its holdings in ManpowerGroup by 235.8% during the 1st quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider's stock valued at $52,850,000 after buying an additional 1,259,752 shares in the last quarter. Alberta Investment Management Corp bought a new stake in ManpowerGroup in the 2nd quarter worth approximately $33,702,000. Wellington Management Group LLP bought a new position in shares of ManpowerGroup during the 2nd quarter valued at approximately $25,709,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of ManpowerGroup in the second quarter valued at $16,009,000. Institutional investors own 98.03% of the company's stock.

About ManpowerGroup

ManpowerGroup Inc is a global workforce solutions and staffing company headquartered in Milwaukee, Wisconsin. Founded in 1948, the company helps organizations recruit, manage and develop talent while assisting individuals with finding employment and advancing their careers.

ManpowerGroup provides temporary, permanent and contract staffing; recruitment process outsourcing; workforce management; career transition and outplacement services; and talent development programs. Its principal brands include Manpower, which focuses on staffing and workforce solutions; Experis, which specializes in information technology and professional talent; and Talent Solutions, which provides recruitment, career management and workforce consulting services.

The company serves employers and job seekers across a broad range of industries and geographic markets, with operations spanning numerous countries and territories worldwide.

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