Q3 EPS Estimates for ManpowerGroup Reduced by Zacks Research

Key Points

• Zacks Research lowered ManpowerGroup’s Q3 2026 EPS estimate to $1.00 from $1.04, while maintaining full-year 2026 and 2028 estimates of $3.61 and $6.37 per share, respectively.
• ManpowerGroup’s latest quarterly results exceeded expectations, with EPS of $0.99 versus the $0.96 consensus and revenue of $4.86 billion versus $4.72 billion expected. The company guided for Q3 EPS of $0.96–$1.06.
• Analyst sentiment remains mixed, with an overall “Hold” rating and a $53.50 consensus price target, while the stock recently traded near its 52-week high. Institutional investors own approximately 98% of the company’s shares.

ManpowerGroup Inc. (NYSE:MAN - Free Report) - Equities research analysts at Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for ManpowerGroup in a report issued on Thursday, August 6th. Zacks Research analyst Team now forecasts that the business services provider will post earnings per share of $1.00 for the quarter, down from their previous forecast of $1.04. The consensus estimate for ManpowerGroup's current full-year earnings is $3.62 per share. Zacks Research also issued estimates for ManpowerGroup's FY2026 earnings at $3.61 EPS and FY2028 earnings at $6.37 EPS.

ManpowerGroup (NYSE:MAN - Get Free Report) last announced its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.96 by $0.03. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. The company had revenue of $4.86 billion for the quarter, compared to analysts' expectations of $4.72 billion. During the same quarter in the previous year, the business posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS.

A number of other brokerages have also weighed in on MAN. Robert W. Baird boosted their price objective on shares of ManpowerGroup from $45.00 to $72.00 and gave the stock an "outperform" rating in a report on Friday, July 17th. Wall Street Zen lowered ManpowerGroup from a "buy" rating to a "hold" rating in a report on Saturday, May 16th. The Goldman Sachs Group lifted their target price on ManpowerGroup from $36.00 to $57.00 and gave the stock a "neutral" rating in a report on Friday, July 17th. UBS Group upped their price target on ManpowerGroup from $41.00 to $55.00 and gave the company a "neutral" rating in a report on Friday, July 17th. Finally, BMO Capital Markets increased their price objective on ManpowerGroup from $49.00 to $63.00 and gave the company an "outperform" rating in a research report on Friday, July 17th. Three research 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 stock has an average rating of "Hold" and a consensus target price of $53.50.

ManpowerGroup Trading Up 1.7%

NYSE:MAN opened at $55.32 on Friday. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 25.15 and a beta of 0.67. The company has a quick ratio of 1.12, a current ratio of 1.04 and a debt-to-equity ratio of 0.27. The company's 50 day moving average price is $40.75 and its 200-day moving average price is $33.39. ManpowerGroup has a 52 week low of $25.15 and a 52 week high of $57.08.

Hedge Funds Weigh In On ManpowerGroup

A number of institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC grew its holdings in ManpowerGroup by 60.3% during 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. Quantinno Capital Management LP lifted its position in shares of 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 purchased a new position in shares of ManpowerGroup during the 2nd quarter valued at about $33,702,000. Balyasny Asset Management L.P. grew its stake in shares of ManpowerGroup by 696.9% during the 2nd quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider's stock valued at $40,039,000 after acquiring an additional 866,693 shares during the period. Finally, Millennium Management LLC grew its stake in shares of ManpowerGroup by 77.3% during the 4th quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider's stock valued at $45,366,000 after acquiring an additional 665,135 shares during the period. Hedge funds and other institutional investors own 98.03% of the company's stock.

ManpowerGroup Company Profile

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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