Q1 EPS Estimates for ManpowerGroup Reduced by Zacks Research

Key Points

• Zacks Research cut its Q1 2027 EPS estimate for ManpowerGroup to $0.73 from $1.09, signaling a more cautious outlook on near-term earnings.
• ManpowerGroup’s most recent quarter beat expectations, reporting EPS of $0.51 on revenue of $4.51 billion, both slightly above analyst estimates.
• Wall Street sentiment remains mixed, with a consensus Hold rating and an average price target of $37.50, while the stock recently traded around $29.84.

ManpowerGroup Inc. (NYSE:MAN - Free Report) - Equities research analysts at Zacks Research dropped their Q1 2027 earnings per share (EPS) estimates for shares of ManpowerGroup in a research report issued on Thursday, May 7th. Zacks Research analyst Team now expects that the business services provider will earn $0.73 per share for the quarter, down from their prior estimate of $1.09. The consensus estimate for ManpowerGroup's current full-year earnings is $3.66 per share. Zacks Research also issued estimates for ManpowerGroup's Q2 2027 earnings at $1.73 EPS and Q4 2027 earnings at $1.25 EPS.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its quarterly earnings data on Thursday, April 16th. The business services provider reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.01. The firm had revenue of $4.51 billion during the quarter, compared to analysts' expectations of $4.41 billion. ManpowerGroup had a positive return on equity of 7.01% and a negative net margin of 0.09%.The firm's quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 EPS. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS.

Several other equities research analysts also recently weighed in on the company. Truist Financial lowered their price target on ManpowerGroup from $38.00 to $34.00 and set a "hold" rating for the company in a report on Friday, April 17th. Robert W. Baird lowered their price target on ManpowerGroup from $50.00 to $45.00 and set an "outperform" rating for the company in a report on Friday, April 17th. Weiss Ratings reissued a "sell (d)" rating on shares of ManpowerGroup in a report on Friday, March 27th. UBS Group raised their price target on ManpowerGroup from $29.00 to $33.00 and gave the stock a "neutral" rating in a report on Friday, April 17th. Finally, The Goldman Sachs Group reissued a "neutral" rating on shares of ManpowerGroup in a report on Friday, April 17th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $37.50.

ManpowerGroup Price Performance

Shares of NYSE MAN opened at $29.84 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.11 and a current ratio of 1.12. The company has a market cap of $1.39 billion, a PE ratio of -80.64 and a beta of 0.74. The business has a 50-day simple moving average of $28.70 and a two-hundred day simple moving average of $29.64. ManpowerGroup has a fifty-two week low of $25.15 and a fifty-two week high of $47.33.

Institutional Trading of ManpowerGroup

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in ManpowerGroup by 0.3% in the third quarter. Vanguard Group Inc. now owns 6,211,092 shares of the business services provider's stock valued at $235,400,000 after purchasing an additional 19,501 shares during the period. AQR Capital Management LLC grew its holdings in ManpowerGroup by 60.3% in the third quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider's stock valued at $140,394,000 after purchasing an additional 1,393,622 shares during the period. Schroder Investment Management Group grew its holdings in ManpowerGroup by 24.6% in the fourth quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider's stock valued at $66,817,000 after purchasing an additional 443,790 shares during the period. State Street Corp grew its holdings in ManpowerGroup by 2.0% in the fourth quarter. State Street Corp now owns 1,616,447 shares of the business services provider's stock valued at $48,057,000 after purchasing an additional 31,749 shares during the period. Finally, Millennium Management LLC boosted its stake in shares of ManpowerGroup by 77.3% in the fourth quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider's stock worth $45,366,000 after acquiring an additional 665,135 shares during the last quarter. 98.03% of the stock is owned by institutional investors and hedge funds.

About ManpowerGroup

ManpowerGroup NYSE: MAN is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company's service offerings are organized into four principal brands.

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