ManpowerGroup (MAN) Earns Coverage Optimism Rating of 0.19
News stories about ManpowerGroup (NYSE:MAN) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. ManpowerGroup earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 46.432022511648 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- ManpowerGroup Inc. (MAN) Expected to Post Quarterly Sales of $5.55 Billion (americanbankingnews.com)
- ManpowerGroup Inc. (MAN) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Zacks: Brokerages Expect ManpowerGroup Inc. (MAN) to Announce $2.05 Earnings Per Share (americanbankingnews.com)
- Where The Jobs Will Be In 2018 – Forbes (forbes.com)
- Not welcome: the message that chills expatriates (ft.com)
ManpowerGroup (MAN) traded up $2.22 during trading hours on Friday, reaching $124.82. The company’s stock had a trading volume of 703,711 shares, compared to its average volume of 331,723. ManpowerGroup has a twelve month low of $88.39 and a twelve month high of $131.99. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $8,271.70, a price-to-earnings ratio of 18.49 and a beta of 1.44.
ManpowerGroup (NYSE:MAN) last released its quarterly earnings results on Friday, October 20th. The business services provider reported $2.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.96 by $0.08. ManpowerGroup had a return on equity of 17.80% and a net margin of 2.24%. The business had revenue of $5.47 billion during the quarter, compared to analyst estimates of $5.41 billion. During the same quarter in the previous year, the company posted $1.87 earnings per share. ManpowerGroup’s revenue for the quarter was up 7.4% on a year-over-year basis. equities analysts anticipate that ManpowerGroup will post 6.9 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were issued a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a yield of 2.98%. The ex-dividend date was Thursday, November 30th. This is a positive change from ManpowerGroup’s previous quarterly dividend of $0.86. ManpowerGroup’s payout ratio is currently 27.68%.
A number of analysts recently commented on MAN shares. SunTrust Banks reiterated a “hold” rating and set a $107.00 price objective on shares of ManpowerGroup in a research report on Friday, October 20th. Credit Suisse Group reiterated a “neutral” rating and set a $126.00 price objective (up previously from $111.00) on shares of ManpowerGroup in a research report on Monday, October 23rd. BMO Capital Markets reiterated a “buy” rating and set a $124.00 price objective on shares of ManpowerGroup in a research report on Friday, September 1st. Zacks Investment Research cut ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. Finally, Nomura upped their price objective on ManpowerGroup from $127.00 to $134.00 and gave the company a “buy” rating in a research report on Monday, October 23rd. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $126.71.
In other ManpowerGroup news, SVP Richard Buchband sold 2,059 shares of the business’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $126.48, for a total transaction of $260,422.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mara E. Swan sold 6,731 shares of the business’s stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $123.19, for a total value of $829,191.89. Following the sale, the executive vice president now directly owns 31,416 shares of the company’s stock, valued at approximately $3,870,137.04. The disclosure for this sale can be found here. Insiders have sold 30,015 shares of company stock valued at $3,762,970 in the last three months. 0.87% of the stock is currently owned by corporate insiders.
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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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