ManpowerGroup (NYSE:MAN) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

ManpowerGroup Inc. (NYSE:MAN)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $29.47 and traded as high as $33.16. ManpowerGroup shares last traded at $32.4670, with a volume of 809,304 shares trading hands.

Wall Street Analysts Forecast Growth

MAN has been the topic of a number of recent research reports. Wall Street Zen lowered ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Robert W. Baird dropped their target price on ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. The Goldman Sachs Group reissued a “neutral” rating on shares of ManpowerGroup in a research report on Friday, April 17th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of ManpowerGroup in a research report on Friday, March 27th. Finally, Truist Financial lowered their price target on ManpowerGroup from $38.00 to $34.00 and set a “hold” rating on the stock in a research report on Friday, April 17th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $37.50.

ManpowerGroup Trading Up 1.8%

The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $1.55 billion, a P/E ratio of -89.82 and a beta of 0.75. The firm has a 50-day moving average of $29.73 and a two-hundred day moving average of $29.55.

ManpowerGroup (NYSE:MAN) last posted 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 firm had revenue of $4.51 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the company earned $0.44 earnings per share. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. On average, analysts anticipate that ManpowerGroup Inc. will post 3.66 EPS for the current year.

ManpowerGroup Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.72 per share. The ex-dividend date is Monday, June 1st. This represents a dividend yield of 437.0%. ManpowerGroup’s dividend payout ratio is presently -389.19%.

Hedge Funds Weigh In On ManpowerGroup

Institutional investors have recently modified their holdings of the company. Quarry LP bought a new stake in shares of ManpowerGroup during the third quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd purchased a new position in ManpowerGroup during the third quarter valued at $30,000. Fifth Third Bancorp raised its stake in ManpowerGroup by 637.7% during the fourth quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock valued at $33,000 after buying an additional 963 shares during the last quarter. Clearstead Advisors LLC raised its stake in ManpowerGroup by 238.7% during the third quarter. Clearstead Advisors LLC now owns 1,050 shares of the business services provider’s stock valued at $40,000 after buying an additional 740 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its stake in ManpowerGroup by 320.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,376 shares of the business services provider’s stock valued at $41,000 after buying an additional 1,049 shares during the last quarter. 98.03% of the stock is owned by institutional investors and hedge funds.

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.