Wall Street brokerages expect ManpowerGroup Inc. (NYSE:MAN) to post $5.43 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for ManpowerGroup’s earnings, with the highest sales estimate coming in at $5.46 billion and the lowest estimate coming in at $5.39 billion. ManpowerGroup reported sales of $5.66 billion in the same quarter last year, which indicates a negative year-over-year growth rate of 4.1%. The firm is expected to issue its next quarterly earnings report on Friday, July 19th.

On average, analysts expect that ManpowerGroup will report full-year sales of $21.36 billion for the current fiscal year, with estimates ranging from $21.19 billion to $21.50 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $22.02 billion, with estimates ranging from $21.68 billion to $22.35 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow ManpowerGroup.

ManpowerGroup (NYSE:MAN) last issued its earnings results on Thursday, April 18th. The business services provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.35 by $0.04. The firm had revenue of $5.04 billion during the quarter, compared to analysts’ expectations of $5 billion. ManpowerGroup had a return on equity of 20.08% and a net margin of 2.39%. ManpowerGroup’s quarterly revenue was down 8.6% compared to the same quarter last year. During the same period last year, the business earned $1.72 earnings per share.

MAN has been the subject of several research reports. TheStreet raised ManpowerGroup from a “c+” rating to a “b-” rating in a research report on Wednesday, February 20th. ValuEngine raised ManpowerGroup from a “sell” rating to a “hold” rating in a research report on Friday, April 19th. BMO Capital Markets raised their target price on ManpowerGroup to $93.00 and gave the stock a “market perform” rating in a research report on Monday, April 22nd. Credit Suisse Group cut ManpowerGroup from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $102.00 to $88.00 in a research report on Wednesday. Finally, Royal Bank of Canada initiated coverage on ManpowerGroup in a research report on Tuesday, April 16th. They issued an “outperform” rating and a $114.00 target price for the company. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $94.64.

Several hedge funds and other institutional investors have recently modified their holdings of the business. United Services Automobile Association lifted its holdings in shares of ManpowerGroup by 1.3% during the fourth quarter. United Services Automobile Association now owns 10,603 shares of the business services provider’s stock valued at $687,000 after acquiring an additional 138 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of ManpowerGroup by 8.0% in the fourth quarter. Daiwa Securities Group Inc. now owns 2,430 shares of the business services provider’s stock valued at $157,000 after buying an additional 180 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of ManpowerGroup by 8.4% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,604 shares of the business services provider’s stock valued at $221,000 after buying an additional 201 shares during the last quarter. BB&T Corp raised its holdings in shares of ManpowerGroup by 1.9% in the first quarter. BB&T Corp now owns 11,379 shares of the business services provider’s stock valued at $941,000 after buying an additional 214 shares during the last quarter. Finally, US Bancorp DE raised its holdings in shares of ManpowerGroup by 29.9% in the first quarter. US Bancorp DE now owns 1,744 shares of the business services provider’s stock valued at $144,000 after buying an additional 401 shares during the last quarter. 91.08% of the stock is owned by institutional investors.

MAN stock traded down $2.20 during midday trading on Friday, hitting $90.33. The stock had a trading volume of 10,565 shares, compared to its average volume of 584,445. The stock has a market cap of $5.40 billion, a P/E ratio of 10.07, a price-to-earnings-growth ratio of 3.63 and a beta of 1.54. ManpowerGroup has a 52 week low of $61.57 and a 52 week high of $97.26. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.43 and a quick ratio of 1.43.

The business also recently disclosed a semiannual dividend, which will be paid on Friday, June 14th. Shareholders of record on Monday, June 3rd will be issued a dividend of $1.09 per share. The ex-dividend date is Friday, May 31st. This is a boost from ManpowerGroup’s previous semiannual dividend of $1.01. This represents a dividend yield of 2.43%. ManpowerGroup’s dividend payout ratio (DPR) is presently 24.36%.

ManpowerGroup Company Profile

ManpowerGroup Inc provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands.

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Earnings History and Estimates for ManpowerGroup (NYSE:MAN)

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