ManpowerGroup Inc. (NYSE:MAN) Stock Has Average Price Target of $51.25 According to Analysts

Shares of ManpowerGroup Inc. (NYSE:MAN – Get Free Report) have received an average rating of “Hold” from the ten brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $51.25.

MAN has been the topic of several research reports. The Goldman Sachs Group dropped their price objective on shares of ManpowerGroup from $57.00 to $50.00 and set a “neutral” rating on the stock in a research note on Thursday, October 15th. Barclays boosted their price target on ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday, July 20th. UBS Group lowered their target price on shares of ManpowerGroup from $56.00 to $48.00 and set a “neutral” rating on the stock in a report on Friday, October 16th. JPMorgan Chase & Co. dropped their target price on shares of ManpowerGroup from $59.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday, October 16th. Finally, Zacks Research downgraded shares of ManpowerGroup from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 20th.

Read Our Latest Stock Report on ManpowerGroup

Institutional Investors Weigh In On ManpowerGroup

A number of large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of ManpowerGroup in the 2nd quarter worth $265,921,000. Quantinno Capital Management LP grew its position in shares of ManpowerGroup by 235.8% in the first quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock valued at $52,850,000 after purchasing an additional 1,259,752 shares during the last quarter. Alberta Investment Management Corp acquired a new stake in ManpowerGroup during the second quarter worth approximately $33,702,000. Wellington Management Group LLP purchased a new position in shares of ManpowerGroup in the 2nd quarter worth $25,709,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in ManpowerGroup in the second quarter valued at $16,009,000. Hedge funds and other institutional investors own 98.03% of the company’s stock.

ManpowerGroup Stock Up 1.5%

Shares of ManpowerGroup stock opened at $46.16 on Tuesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 1.05. ManpowerGroup has a 52-week low of $25.15 and a 52-week high of $63.88. The company’s 50 day moving average price is $54.41 and its 200-day moving average price is $39.86. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 18.25, a P/E/G ratio of 1.84 and a beta of 0.68.

ManpowerGroup (NYSE:MAN – Get Free Report) last posted its quarterly earnings results on Thursday, October 15th. The business services provider reported $1.01 EPS for the quarter, meeting analysts’ consensus estimates of $1.01. The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.86 billion. ManpowerGroup had a net margin of 0.64% and a return on equity of 7.78%. The firm’s revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.83 EPS. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Equities research analysts forecast that ManpowerGroup will post 3.60 EPS for the current year.

ManpowerGroup Company Profile

(Get Free Report)

ManpowerGroup Inc is a global workforce solutions and employment services company headquartered in Milwaukee, Wisconsin. Through its brands, the company provides temporary and permanent staffing, recruitment, workforce management, talent development, and career transition services to businesses and job seekers.

Its principal brands include Manpower, which specializes in staffing and workforce services; Experis, which focuses on information technology and professional talent; and Talent Solutions, which provides recruitment process outsourcing, talent consulting, leadership development, and outplacement services.

Further Reading

Analyst Recommendations for ManpowerGroup (NYSE:MAN)

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