ManpowerGroup (NYSE:MAN) Trading Down 5.7% – Time to Sell?

ManpowerGroup Inc. (NYSE:MAN)’s share price traded down 5.7% during mid-day trading on Tuesday . The stock traded as low as $58.00 and last traded at $58.4610. Approximately 64,980 shares were traded during mid-day trading, a decline of 95% from the average session volume of 1,213,747 shares. The stock had previously closed at $61.98.

Analyst Ratings Changes

MAN has been the subject of several recent research reports. Barclays boosted their price objective on ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a report on Monday, July 20th. BMO Capital Markets raised their target price on shares of ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Truist Financial lifted their price target on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Robert W. Baird boosted their price target on shares of ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Finally, Weiss Ratings upgraded shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Three equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, ManpowerGroup presently has a consensus rating of “Hold” and an average target price of $53.50.

ManpowerGroup Price Performance

The company’s 50-day moving average price is $52.57 and its two-hundred day moving average price is $37.71. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market capitalization of $2.69 billion, a P/E ratio of 26.30, a price-to-earnings-growth ratio of 2.45 and a beta of 0.70.

ManpowerGroup (NYSE:MAN) last announced its earnings results on Thursday, July 16th. The business services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.96 by $0.03. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. The business had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.72 billion. During the same quarter in the previous year, the firm posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, sell-side analysts expect that ManpowerGroup Inc. will post 3.62 EPS for the current year.

Institutional Investors Weigh In On ManpowerGroup

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of ManpowerGroup during the second quarter worth approximately $265,921,000. AQR Capital Management LLC boosted its stake in ManpowerGroup by 60.3% in the 3rd quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock valued at $140,394,000 after purchasing an additional 1,393,622 shares during the period. Schroder Investment Management Group boosted its stake in ManpowerGroup by 24.6% in the 4th quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock valued at $66,817,000 after purchasing an additional 443,790 shares during the period. California State Teachers Retirement System grew its holdings in ManpowerGroup by 3,196.1% in the 2nd quarter. California State Teachers Retirement System now owns 2,013,570 shares of the business services provider’s stock valued at $67,998,000 after buying an additional 1,952,481 shares in the last quarter. Finally, Quantinno Capital Management LP grew its holdings in ManpowerGroup by 235.8% in the 1st 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 in the last quarter. Institutional investors own 98.03% of the company’s stock.

About ManpowerGroup

ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company’s service offerings are organized into four principal brands.