Insider Selling: ManpowerGroup Inc. (MAN) COO Sells 10,000 Shares of Stock
ManpowerGroup Inc. (NYSE:MAN) COO Darryl Green sold 10,000 shares of the business’s stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $117.26, for a total transaction of $1,172,600.00. Following the completion of the transaction, the chief operating officer now owns 21,233 shares in the company, valued at $2,489,781.58. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
ManpowerGroup Inc. (MAN) opened at $119.26 on Monday. The company has a quick ratio of 1.29, a current ratio of 1.28 and a debt-to-equity ratio of 0.17. The firm has a market cap of $7,890.00, a PE ratio of 17.26 and a beta of 1.34. ManpowerGroup Inc. has a fifty-two week low of $97.15 and a fifty-two week high of $136.93.
ManpowerGroup (NYSE:MAN) last posted its earnings results on Friday, February 2nd. The business services provider reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.07. ManpowerGroup had a net margin of 2.59% and a return on equity of 17.86%. The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period in the previous year, the business posted $1.87 EPS. ManpowerGroup’s revenue was up 13.7% on a year-over-year basis. equities research analysts predict that ManpowerGroup Inc. will post 8.96 earnings per share for the current fiscal year.
Several equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating and set a $137.00 target price on the stock in a report on Monday, February 5th. BMO Capital Markets decreased their target price on shares of ManpowerGroup to $136.00 and set a “buy” rating on the stock in a report on Monday, February 5th. ValuEngine upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Deutsche Bank reiterated a “hold” rating and issued a $110.00 target price on shares of ManpowerGroup in a report on Tuesday, January 9th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $124.50.
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ManpowerGroup Inc is a provider of workforce solutions and services. The Company’s segments include Americas, Southern Europe, Northern Europe, Asia Pacific Middle East (APME), Right Management and Corporate. The Company’s Americas segment includes operations in the United States and Other Americas. Its Southern Europe segment includes operations in France, Italy and Other Southern Europe.
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