ManpowerGroup (NYSE:MAN) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of ManpowerGroup (NYSE:MAN) from a hold rating to a buy rating in a report published on Saturday,Wall Street Zen reports.

Other analysts have also issued reports about the company. UBS Group boosted their price objective on ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Robert W. Baird increased their target price on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. The Goldman Sachs Group lifted their target price on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Truist Financial boosted their price target on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 17th. Finally, Barclays upped their price target on ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, July 20th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $53.50.

ManpowerGroup Trading Down 0.2%

NYSE MAN opened at $57.55 on Friday. The company has a market capitalization of $2.68 billion, a price-to-earnings ratio of 26.16, a price-to-earnings-growth ratio of 2.28 and a beta of 0.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.04. ManpowerGroup has a 12 month low of $25.15 and a 12 month high of $63.88. The company’s fifty day moving average price is $56.10 and its two-hundred day moving average price is $39.52.

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

Hedge Funds Weigh In On ManpowerGroup

A number of hedge funds and other institutional investors have recently bought and sold shares of MAN. Global Retirement Partners LLC acquired a new stake in shares of ManpowerGroup during the 2nd quarter worth approximately $30,000. Elevation Wealth Partners LLC boosted its position in ManpowerGroup by 2,007.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 1,084 shares during the period. Hantz Financial Services Inc. boosted its position 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 period. Leonteq Securities AG acquired a new position in ManpowerGroup during the 4th quarter valued at approximately $46,000. Finally, SJS Investment Consulting Inc. bought a new position in ManpowerGroup during the 1st quarter worth $57,000. 98.03% of the stock is currently owned by institutional investors and hedge funds.

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.