ManpowerGroup (NYSE:MAN) Raised to “Buy” at Wall Street Zen

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

A number of other research firms also recently issued reports on MAN. The Goldman Sachs Group increased their price objective on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Truist Financial lifted their target price on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Weiss Ratings upgraded ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Barclays upped their price target on ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. Finally, BMO Capital Markets raised their price target on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $53.50.

ManpowerGroup Trading Down 0.2%

MAN opened at $57.55 on Friday. The stock has a market capitalization of $2.68 billion, a P/E ratio of 26.16, a P/E/G ratio of 2.28 and a beta of 0.70. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.27. ManpowerGroup has a 12 month low of $25.15 and a 12 month high of $63.88. The firm’s fifty day simple moving average is $56.10 and its 200 day simple moving average is $39.60.

ManpowerGroup (NYSE:MAN) last released its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.The firm had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.72 billion. During the same quarter in the prior year, the company earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, research analysts anticipate that ManpowerGroup will post 3.62 EPS for the current fiscal year.

Institutional Trading of ManpowerGroup

Several institutional investors and hedge funds have recently bought and sold shares of the business. Global Retirement Partners LLC bought a new position in shares of ManpowerGroup during the 2nd quarter worth approximately $30,000. Elevation Wealth Partners LLC raised its stake in ManpowerGroup by 2,007.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 1,084 shares during the period. Hantz Financial Services Inc. lifted its holdings in ManpowerGroup by 320.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,376 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 1,049 shares during the last quarter. Leonteq Securities AG acquired a new stake in ManpowerGroup during the 4th quarter valued at $46,000. Finally, SJS Investment Consulting Inc. bought a new position in ManpowerGroup during the first quarter worth $57,000. Institutional investors own 98.03% of the company’s stock.

ManpowerGroup Company Profile

ManpowerGroup Inc is a global workforce solutions and staffing company that connects organizations with skilled talent and helps individuals build careers. The company provides temporary and permanent recruitment, workforce management, talent development, career transition and outplacement services.

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 process outsourcing, talent consulting and workforce management services.