ManpowerGroup (NYSE:MAN) Stock Rating Lowered by Wall Street Zen

ManpowerGroup (NYSE:MAN) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday, Wall Street Zen reports.

MAN has been the subject of several other research reports. Barclays increased their target price on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research note on Monday, July 20th. UBS Group boosted their price target on ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. Robert W. Baird upped their price target on ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Truist Financial upped their price target on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 17th. Finally, The Goldman Sachs Group raised their price objective on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $53.50.

ManpowerGroup Price Performance

NYSE:MAN opened at $52.77 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.04. ManpowerGroup has a one year low of $25.15 and a one year high of $63.88. The company has a fifty day moving average price of $57.74 and a 200 day moving average price of $42.58. The stock has a market cap of $2.45 billion, a P/E ratio of 23.99, a PEG ratio of 2.09 and a beta of 0.68.

ManpowerGroup (NYSE:MAN) last posted its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $4.72 billion. During the same period last year, the business posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Analysts anticipate that ManpowerGroup will post 3.62 earnings per share for the current year.

Institutional Investors Weigh In On ManpowerGroup

Several institutional investors and hedge funds have recently bought and sold shares of the business. Global Retirement Partners LLC bought a new position in shares of ManpowerGroup during the 2nd quarter worth about $30,000. Elevation Wealth Partners LLC boosted its position in shares of ManpowerGroup by 2,007.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 1,084 shares in the last quarter. SJS Investment Consulting Inc. acquired a new stake in shares of ManpowerGroup during the 1st quarter valued at about $57,000. Allworth Financial LP acquired a new stake in shares of ManpowerGroup during the 2nd quarter valued at about $88,000. Finally, Nykredit A S bought a new stake in ManpowerGroup in the second quarter valued at about $90,000. Institutional investors own 98.03% of the company’s stock.

About ManpowerGroup

ManpowerGroup Inc is a global workforce solutions and staffing company headquartered in Milwaukee, Wisconsin. Founded in 1948, the company helps organizations recruit, manage and develop talent while assisting individuals with finding employment and advancing their careers.

ManpowerGroup provides temporary, permanent and contract staffing; recruitment process outsourcing; workforce management; career transition and outplacement services; and talent development programs. Its principal brands include Manpower, which focuses on staffing and workforce solutions; Experis, which specializes in information technology and professional talent; and Talent Solutions, which provides recruitment, career management and workforce consulting services.

The company serves employers and job seekers across a broad range of industries and geographic markets, with operations spanning numerous countries and territories worldwide.