Wall Street Zen Upgrades ManpowerGroup (NYSE:MAN) to "Buy"

Key Points

• Wall Street Zen upgraded ManpowerGroup (NYSE:MAN) from "Hold" to "Buy," but analyst coverage remains mixed—three Buys, five Holds and one Sell—leaving a MarketBeat consensus rating of "Hold" with an average target price of $37.50.
• ManpowerGroup reported Q1 EPS of $0.51 (beat by $0.01) and revenue of $4.51 billion (up 10.3% YoY), set Q2 2026 guidance at $0.910–1.050 EPS, and the stock recently traded around $29.52 with a market cap of about $1.37 billion.

ManpowerGroup (NYSE:MAN - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Saturday.

Several other analysts have also issued reports on the company. Weiss Ratings reissued a "sell (d)" rating on shares of ManpowerGroup in a report on Friday, March 27th. UBS Group boosted their price target on ManpowerGroup from $29.00 to $33.00 and gave the company a "neutral" rating in a report on Friday, April 17th. Barclays cut their price target on ManpowerGroup from $35.00 to $30.00 and set an "equal weight" rating for the company in a report on Monday, April 13th. The Goldman Sachs Group reissued a "neutral" rating on shares of ManpowerGroup in a report on Friday, April 17th. Finally, Truist Financial cut 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. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $37.50.

ManpowerGroup Stock Performance

NYSE:MAN opened at $29.52 on Friday. The stock has a 50-day simple moving average of $28.39 and a two-hundred day simple moving average of $30.11. ManpowerGroup has a 52-week low of $25.15 and a 52-week high of $47.33. 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 firm has a market capitalization of $1.37 billion, a PE ratio of -79.77 and a beta of 0.84.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its quarterly earnings results on Thursday, April 16th. The business services provider reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.01. ManpowerGroup had a positive return on equity of 7.01% and a negative net margin of 0.09%.The business had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.41 billion. During the same quarter in the previous year, the company posted $0.44 earnings per share. ManpowerGroup's revenue for the quarter was up 10.3% on a year-over-year basis. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. Analysts forecast that ManpowerGroup will post 3.66 EPS for the current year.

Hedge Funds Weigh In On ManpowerGroup

Hedge funds have recently made changes to their positions in the business. Nordea Investment Management AB boosted its stake in ManpowerGroup by 74.1% during the fourth quarter. Nordea Investment Management AB now owns 151,563 shares of the business services provider's stock valued at $4,561,000 after buying an additional 64,502 shares during the last quarter. Barclays PLC boosted its stake in ManpowerGroup by 26.2% during the third quarter. Barclays PLC now owns 584,199 shares of the business services provider's stock valued at $22,141,000 after buying an additional 121,257 shares during the last quarter. Allianz Asset Management GmbH boosted its stake in ManpowerGroup by 12.5% during the third quarter. Allianz Asset Management GmbH now owns 552,650 shares of the business services provider's stock valued at $20,945,000 after buying an additional 61,318 shares during the last quarter. CWM LLC boosted its stake in ManpowerGroup by 415.7% during the third quarter. CWM LLC now owns 86,210 shares of the business services provider's stock valued at $3,267,000 after buying an additional 69,492 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in ManpowerGroup by 17.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 327,584 shares of the business services provider's stock valued at $12,415,000 after buying an additional 48,381 shares during the last quarter. Institutional investors own 98.03% of the company's stock.

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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