UBS Group Cuts ManpowerGroup (NYSE:MAN) Price Target to $39.00

Key Points

• UBS Group has reduced its price target for ManpowerGroup from $40.00 to $39.00, while maintaining a "neutral" rating on the stock, indicating a potential upside of 14.28% from its previous close.
• Multiple other analysts have also adjusted their price targets, with Goldman Sachs setting a target of $33.00 and Barclays lowering theirs to $42.00, reflecting varied expectations for the company’s performance.
• ManpowerGroup reported $0.83 EPS for the most recent quarter, exceeding estimates, with revenue of $4.63 billion, marking a 2.3% increase year-over-year.

ManpowerGroup (NYSE:MAN - Get Free Report) had its target price decreased by investment analysts at UBS Group from $40.00 to $39.00 in a research note issued on Friday,Benzinga reports. The firm currently has a "neutral" rating on the business services provider's stock. UBS Group's price objective suggests a potential upside of 14.28% from the company's previous close.

A number of other research analysts also recently commented on MAN. The Goldman Sachs Group set a $33.00 price objective on shares of ManpowerGroup in a research report on Friday. Barclays cut their target price on shares of ManpowerGroup from $50.00 to $42.00 and set an "equal weight" rating for the company in a research report on Friday. Truist Financial lowered their price objective on shares of ManpowerGroup from $48.00 to $44.00 and set a "hold" rating on the stock in a research note on Monday. Wall Street Zen upgraded shares of ManpowerGroup from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Finally, Weiss Ratings restated a "sell (d+)" rating on shares of ManpowerGroup in a report on Wednesday, October 8th. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and an average price target of $42.67.

ManpowerGroup Price Performance

ManpowerGroup stock traded down $1.41 during midday trading on Friday, hitting $34.13. The company's stock had a trading volume of 168,415 shares, compared to its average volume of 950,492. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24. The stock's 50-day moving average price is $39.64 and its 200-day moving average price is $42.18. ManpowerGroup has a 12 month low of $34.05 and a 12 month high of $67.22. The company has a market capitalization of $1.58 billion, a PE ratio of -89.76 and a beta of 1.08.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its earnings results on Thursday, October 16th. The business services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.81 by $0.02. The business had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.60 billion. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.98%. The business's quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.29 earnings per share. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. Analysts anticipate that ManpowerGroup will post 4.23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. CWM LLC grew its holdings in shares of ManpowerGroup by 415.7% during the third quarter. CWM LLC now owns 86,210 shares of the business services provider's stock worth $3,267,000 after purchasing an additional 69,492 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in ManpowerGroup in the 3rd quarter valued at about $158,000. Azarias Capital Management L.P. bought a new position in shares of ManpowerGroup in the 3rd quarter valued at about $7,797,000. Brighton Jones LLC bought a new stake in ManpowerGroup in the third quarter valued at about $392,000. Finally, Aaron Wealth Advisors LLC bought a new stake in ManpowerGroup in the third quarter valued at about $476,000. 98.03% of the stock is owned by institutional investors and hedge funds.

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.

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