ManpowerGroup (NYSE:MAN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of ManpowerGroup (NYSE:MAN) from a hold rating to a buy rating in a research note released on Tuesday morning,Wall Street Zen reports.

MAN has been the subject of several other reports. UBS Group reduced their price target on ManpowerGroup from $56.00 to $48.00 and set a “neutral” rating for the company in a research report on Friday, October 16th. Truist Financial upped their price objective on ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Weiss Ratings upgraded ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Zacks Research cut shares of ManpowerGroup from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 20th. Finally, Robert W. Baird cut their target price on shares of ManpowerGroup from $72.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, October 16th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $51.39.

ManpowerGroup Stock Down 1.4%

Shares of ManpowerGroup stock opened at $46.29 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.26. The company has a market cap of $2.15 billion, a P/E ratio of 18.30, a PEG ratio of 1.86 and a beta of 0.78. The firm’s 50 day moving average price is $53.20 and its 200-day moving average price is $40.19. ManpowerGroup has a 52-week low of $25.15 and a 52-week high of $63.88.

ManpowerGroup (NYSE:MAN) last released 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. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The company had revenue of $4.84 billion during the quarter, compared to analysts’ expectations of $4.86 billion. During the same period last year, the business posted $0.83 earnings per share. The firm’s revenue was up 4.4% compared to the same quarter last year. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. On average, sell-side analysts predict that ManpowerGroup will post 3.60 EPS for the current fiscal year.

Institutional Trading of ManpowerGroup

Several hedge funds have recently made changes to their positions in MAN. Global Retirement Partners LLC acquired a new stake in ManpowerGroup in the 2nd quarter worth about $30,000. Elevation Wealth Partners LLC grew its holdings in ManpowerGroup by 2,007.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock valued at $38,000 after buying an additional 1,084 shares during the period. Signaturefd LLC increased its stake in shares of ManpowerGroup by 31.1% during the 3rd quarter. Signaturefd LLC now owns 1,125 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 267 shares during the last quarter. Allworth Financial LP acquired a new position in shares of ManpowerGroup during the 2nd quarter valued at about $88,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of ManpowerGroup by 55.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,021 shares of the business services provider’s stock valued at $89,000 after acquiring an additional 1,074 shares during the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

ManpowerGroup Company Profile

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.