ManpowerGroup (NYSE:MAN) Shares Down 5.7% – What’s Next?

ManpowerGroup Inc. (NYSE:MAN)’s stock price traded down 5.7% on Tuesday . The stock traded as low as $58.00 and last traded at $58.4610. Approximately 64,980 shares traded hands during trading, a decline of 95% from the average session volume of 1,213,747 shares. The stock had previously closed at $61.98.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Weiss Ratings raised shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. UBS Group upped their target price on ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Wall Street Zen cut ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Saturday, September 5th. The Goldman Sachs Group boosted their price target on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. Finally, BMO Capital Markets raised their price objective on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $53.50.

ManpowerGroup Stock Performance

The company has a market capitalization of $2.64 billion, a PE ratio of 25.80, a PEG ratio of 2.26 and a beta of 0.70. The firm has a 50-day moving average of $53.43 and a two-hundred day moving average of $38.10. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.27.

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

Hedge Funds Weigh In On ManpowerGroup

Large investors have recently bought and sold shares of the business. Quarry LP acquired a new stake in ManpowerGroup in the third quarter valued at approximately $25,000. Global Retirement Partners LLC acquired a new position in shares of ManpowerGroup during the 2nd quarter worth approximately $30,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of ManpowerGroup during the 3rd quarter valued at approximately $30,000. Elevation Wealth Partners LLC grew 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. Finally, Hantz Financial Services Inc. grew its stake in ManpowerGroup by 320.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,376 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 1,049 shares during the period. Institutional investors and hedge funds own 98.03% of the company’s stock.

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.