ManpowerGroup (NYSE:MAN) Shares Gap Down - What's Next?

Key Points

• ManpowerGroup shares plunged 16%, opening at $45.08 versus the prior close of $51.96, amid trading volume of approximately 847,000 shares.
• Analysts remain broadly cautious, with a consensus “Hold” rating and an average price target of $53.62; recent targets range from $47 to $72.
• The company’s latest results met EPS expectations at $1.01, while revenue of $4.84 billion narrowly missed estimates but increased 4.4% year over year. Institutional investors own 98.03% of the stock.

ManpowerGroup Inc. (NYSE:MAN - Get Free Report)'s stock price gapped down prior to trading on Thursday. The stock had previously closed at $51.96, but opened at $45.08. ManpowerGroup shares last traded at $44.99, with a volume of 847,359 shares trading hands.

Wall Street Analyst Weigh In

MAN has been the subject of several research analyst reports. UBS Group boosted their target price on ManpowerGroup from $55.00 to $56.00 and gave the stock a "neutral" rating in a research note on Tuesday. Truist Financial increased their price objective on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a "hold" rating in a research note on Friday, July 17th. Barclays raised their target price on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an "equal weight" rating in a research report on Monday, July 20th. The Goldman Sachs Group boosted their target price on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a "neutral" rating in a research note on Friday, July 17th. Finally, Robert W. Baird upped their price target on shares of ManpowerGroup from $45.00 to $72.00 and gave the stock an "outperform" rating in a report on Friday, July 17th. Three analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $53.62.

ManpowerGroup Trading Down 16.0%

The business's fifty day moving average is $57.57 and its 200-day moving average is $43.07. The firm has a market cap of $2.03 billion, a P/E ratio of 19.86, a price-to-earnings-growth ratio of 2.04 and a beta of 0.68. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04.

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 for the quarter, hitting analysts' consensus estimates of $1.01. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. The firm had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the firm posted $0.83 EPS. The company's revenue for the quarter was up 4.4% compared to the same quarter last year. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Analysts predict that ManpowerGroup Inc. will post 3.62 EPS for the current year.

Institutional Trading of ManpowerGroup

Institutional investors and hedge funds have recently bought and sold shares of the stock. Global Retirement Partners LLC bought a new stake in shares of ManpowerGroup during the 2nd quarter valued at about $30,000. Elevation Wealth Partners LLC increased its position in ManpowerGroup by 2,007.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider's stock valued at $38,000 after buying an additional 1,084 shares in the last quarter. SJS Investment Consulting Inc. acquired a new position in ManpowerGroup during the 1st quarter worth approximately $57,000. Allworth Financial LP acquired a new position in ManpowerGroup during the 2nd quarter worth approximately $88,000. Finally, Nykredit A S acquired a new position in ManpowerGroup during the 2nd quarter worth approximately $90,000. 98.03% of the stock is currently owned by institutional investors and hedge funds.

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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