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

ManpowerGroup (NYSE:MAN) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Sunday, Wall Street Zen reports.

Other equities research analysts also recently issued reports about the stock. BMO Capital Markets upped their price target on shares of ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, July 17th. The Goldman Sachs Group lowered their price target on ManpowerGroup from $57.00 to $50.00 and set a “neutral” rating on the stock in a report on Thursday. Weiss Ratings raised shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. UBS Group dropped their target price on ManpowerGroup from $56.00 to $48.00 and set a “neutral” rating on the stock in a research report on Friday. Finally, Truist Financial boosted their price target on ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $51.25.

ManpowerGroup Stock Performance

MAN stock opened at $41.48 on Friday. ManpowerGroup has a fifty-two week low of $25.15 and a fifty-two week high of $63.88. The company has a market capitalization of $1.93 billion, a P/E ratio of 16.39, a PEG ratio of 1.64 and a beta of 0.68. The company has a 50-day simple moving average of $56.74 and a 200 day simple moving average of $43.35. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.26.

ManpowerGroup (NYSE:MAN) last issued its quarterly earnings results on Thursday, October 15th. The business services provider reported $1.01 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.01. The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.86 billion. ManpowerGroup had a net margin of 0.64% and a return on equity of 7.78%. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.83 EPS. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Sell-side analysts predict that ManpowerGroup will post 3.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MAN. BlackRock Inc. bought a new position in shares of ManpowerGroup during the 2nd quarter worth about $265,921,000. Quantinno Capital Management LP raised its position in shares of ManpowerGroup by 235.8% during the first quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock valued at $52,850,000 after buying an additional 1,259,752 shares during the last quarter. Alberta Investment Management Corp acquired a new position in shares of ManpowerGroup during the second quarter valued at about $33,702,000. Wellington Management Group LLP acquired a new position in shares of ManpowerGroup during the second quarter valued at about $25,709,000. Finally, RBF Capital LLC lifted its stake in shares of ManpowerGroup by 1.0% in the first quarter. RBF Capital LLC now owns 475,017 shares of the business services provider’s stock valued at $13,994,000 after buying an additional 4,934 shares during the period. 98.03% of the stock is owned by institutional investors.

ManpowerGroup Company Profile

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.