Somewhat Positive Press Coverage Somewhat Unlikely to Impact ManpowerGroup (MAN) Stock Price
News articles about ManpowerGroup (NYSE:MAN) have trended somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. ManpowerGroup earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 46.2050312304444 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- You might be more qualified for that job than you think (usatoday.com)
- India Inc. Is Optimistic Of A Recovery In Job Market; Here’s Why (profit.ndtv.com)
- Hiring outlook for Oct-Dec 2017 better than previous quarter: Manpower Group survey – Economic Times (economictimes.indiatimes.com)
- ManpowerGroup Supports UN Sustainable Development Goals and Celebrates One Year Anniversary of Sustainability … – PR Newswire (press release) (prnewswire.com)
- ManpowerGroup Supports UN Sustainable Development Goals and Celebrates One Year Anniversary of Sustainability Plan (finance.yahoo.com)
ManpowerGroup (NYSE:MAN) opened at 115.69 on Tuesday. ManpowerGroup has a one year low of $67.63 and a one year high of $119.59. The firm’s 50-day moving average is $109.68 and its 200 day moving average is $105.93. The company has a market capitalization of $7.72 billion, a PE ratio of 17.70 and a beta of 1.38.
ManpowerGroup (NYSE:MAN) last issued its quarterly earnings data on Monday, July 24th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.01). The company had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.06 billion. ManpowerGroup had a net margin of 2.24% and a return on equity of 17.90%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.60 earnings per share. On average, equities analysts expect that ManpowerGroup will post $6.75 EPS for the current fiscal year.
A number of research firms have recently commented on MAN. Zacks Investment Research cut shares of ManpowerGroup from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 13th. BMO Capital Markets restated a “buy” rating and issued a $124.00 price target on shares of ManpowerGroup in a report on Friday, September 1st. BidaskClub cut shares of ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, August 19th. Credit Suisse Group restated a “neutral” rating and issued a $111.00 price target (up from $106.00) on shares of ManpowerGroup in a report on Tuesday, July 25th. Finally, Northcoast Research restated a “neutral” rating on shares of ManpowerGroup in a report on Monday, July 17th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. ManpowerGroup has a consensus rating of “Hold” and an average price target of $109.60.
In other ManpowerGroup news, COO Darryl Green sold 76,000 shares of ManpowerGroup stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $105.83, for a total value of $8,043,080.00. Following the completion of the transaction, the chief operating officer now directly owns 36,454 shares of the company’s stock, valued at approximately $3,857,926.82. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Mara E. Swan sold 2,393 shares of ManpowerGroup stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $109.18, for a total value of $261,267.74. Following the completion of the transaction, the executive vice president now directly owns 27,078 shares of the company’s stock, valued at $2,956,376.04. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 122,858 shares of company stock valued at $13,029,300. 0.87% of the stock is currently owned by corporate insiders.
ManpowerGroup Company Profile
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.
Receive News & Ratings for ManpowerGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ManpowerGroup and related companies with MarketBeat.com's FREE daily email newsletter.