ManpowerGroup (NYSE:MAN) Sets New 52-Week Low – Time to Sell?

ManpowerGroup Inc. (NYSE:MAN)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $27.58 and last traded at $27.5730, with a volume of 113328 shares traded. The stock had previously closed at $28.01.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MAN. Truist Financial cut their price target on ManpowerGroup from $48.00 to $44.00 and set a “hold” rating for the company in a research note on Monday, October 13th. Weiss Ratings restated a “sell (d)” rating on shares of ManpowerGroup in a research report on Wednesday. Barclays dropped their target price on shares of ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating for the company in a research report on Friday, October 17th. JPMorgan Chase & Co. reduced their price target on shares of ManpowerGroup from $52.00 to $42.00 and set a “neutral” rating on the stock in a research report on Monday, October 20th. Finally, The Goldman Sachs Group reduced their target price on ManpowerGroup from $37.00 to $33.00 and set a “sell” rating on the stock in a report on Friday, October 17th. Five research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $41.33.

ManpowerGroup Stock Down 2.0%

The firm has a 50-day simple moving average of $34.26 and a 200 day simple moving average of $39.17. The stock has a market capitalization of $1.23 billion, a P/E ratio of -56.67 and a beta of 1.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.00 and a quick ratio of 0.98.

ManpowerGroup (NYSE:MAN) last posted its earnings results on Thursday, October 16th. The business services provider reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.02. The firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.60 billion. ManpowerGroup had a negative net margin of 0.12% and a positive return on equity of 7.02%. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.29 EPS. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. On average, equities research analysts forecast that ManpowerGroup Inc. will post 4.23 EPS for the current year.

ManpowerGroup Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a dividend of $0.72 per share. This represents a dividend yield of 521.0%. The ex-dividend date is Monday, December 1st. ManpowerGroup’s dividend payout ratio (DPR) is -306.38%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Quarry LP acquired a new position in ManpowerGroup in the third quarter valued at $25,000. Allworth Financial LP increased its holdings in ManpowerGroup by 321.7% in the second quarter. Allworth Financial LP now owns 662 shares of the business services provider’s stock worth $27,000 after purchasing an additional 505 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in shares of ManpowerGroup in the 1st quarter valued at $30,000. GAMMA Investing LLC increased its stake in ManpowerGroup by 103.3% in the third quarter. GAMMA Investing LLC now owns 799 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 406 shares in the last quarter. Finally, True Wealth Design LLC boosted its position in shares of ManpowerGroup by 72.5% during the 3rd quarter. True Wealth Design LLC now owns 802 shares of the business services provider’s stock worth $30,000 after purchasing an additional 337 shares in the last quarter. Institutional investors own 98.03% of the company’s stock.

About ManpowerGroup

ManpowerGroup Inc provides workforce solutions and services worldwide. 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. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.