ManpowerGroup (NYSE:MAN) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

ManpowerGroup Inc. (NYSE:MAN) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $29.29 and traded as high as $29.67. ManpowerGroup shares last traded at $29.3350, with a volume of 707,254 shares traded.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MAN. Barclays dropped their target price on ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. Weiss Ratings reissued a “sell (d)” rating on shares of ManpowerGroup in a report on Friday, March 27th. Wall Street Zen cut ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. UBS Group raised their price target on ManpowerGroup from $29.00 to $33.00 and gave the company a “neutral” rating in a report on Friday, April 17th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of ManpowerGroup in a report on Friday, April 17th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, ManpowerGroup presently has a consensus rating of “Hold” and a consensus price target of $37.50.

ManpowerGroup Price Performance

The stock has a fifty day moving average of $28.75 and a two-hundred day moving average of $29.29. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of -79.28 and a beta of 0.74. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50.

ManpowerGroup (NYSE:MAN) last released its earnings results on Thursday, April 16th. The business services provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.50 by $0.01. The company had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.41 billion. ManpowerGroup had a positive return on equity of 7.01% and a negative net margin of 0.09%.The business’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period last year, the firm earned $0.44 EPS. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. As a group, equities research analysts forecast that ManpowerGroup Inc. will post 3.66 earnings per share for the current year.

ManpowerGroup Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.72 dividend. This represents a dividend yield of 483.0%. The ex-dividend date of this dividend is Monday, June 1st. ManpowerGroup’s dividend payout ratio (DPR) is -389.19%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quarry LP bought a new position in shares of ManpowerGroup in the 3rd quarter worth $25,000. Caitong International Asset Management Co. Ltd bought a new position in shares of ManpowerGroup in the 3rd quarter worth $30,000. UMB Bank n.a. boosted its position in shares of ManpowerGroup by 122.2% in the 3rd quarter. UMB Bank n.a. now owns 991 shares of the business services provider’s stock worth $38,000 after purchasing an additional 545 shares during the last quarter. Clearstead Advisors LLC boosted its position in shares of ManpowerGroup by 238.7% in the 3rd quarter. Clearstead Advisors LLC now owns 1,050 shares of the business services provider’s stock worth $40,000 after purchasing an additional 740 shares during the last quarter. Finally, Fifth Third Bancorp boosted its position in shares of ManpowerGroup by 637.7% in the 4th quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock worth $33,000 after purchasing an additional 963 shares during the last quarter. 98.03% of the stock is currently owned by institutional investors.

ManpowerGroup Company Profile

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.