ManpowerGroup Inc. (NYSE:MAN) Stock Has Average Target Price of $51.25 According to Analysts

Shares of ManpowerGroup Inc. (NYSE:MAN) have been assigned a consensus recommendation of “Hold” from the ten brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $51.25.

MAN has been the topic of several recent analyst reports. Barclays raised their price objective on ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research note on Monday, July 20th. Robert W. Baird reduced their target price on shares of ManpowerGroup from $72.00 to $65.00 and set an “outperform” rating for the company in a research note on Friday, October 16th. Truist Financial increased their target price on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 17th. Wall Street Zen lowered shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Zacks Research lowered shares of ManpowerGroup from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 20th.

Institutional Investors Weigh In On ManpowerGroup

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in ManpowerGroup during the second quarter valued at $265,921,000. Quantinno Capital Management LP increased its position in ManpowerGroup by 235.8% in the first quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after buying an additional 1,259,752 shares during the last quarter. Alberta Investment Management Corp bought a new stake in shares of ManpowerGroup in the second quarter valued at $33,702,000. Wellington Management Group LLP bought a new stake in shares of ManpowerGroup in the second quarter valued at $25,709,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of ManpowerGroup during the 2nd quarter valued at $16,009,000. Hedge funds and other institutional investors own 98.03% of the company’s stock.

ManpowerGroup Price Performance

Shares of NYSE MAN opened at $45.47 on Tuesday. ManpowerGroup has a fifty-two week low of $25.15 and a fifty-two week high of $63.88. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 17.97, a PEG ratio of 1.82 and a beta of 0.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 1.05. The firm’s 50-day simple moving average is $54.70 and its 200 day simple moving average is $39.78.

ManpowerGroup (NYSE:MAN) last issued its quarterly earnings data on Thursday, October 15th. The business services provider reported $1.01 EPS for the quarter, hitting analysts’ consensus estimates of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The firm had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the company posted $0.83 EPS. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. As a group, research analysts anticipate that ManpowerGroup will post 3.60 earnings per share for the current fiscal year.

About ManpowerGroup

ManpowerGroup Inc is a global workforce solutions and employment services company headquartered in Milwaukee, Wisconsin. Through its brands, the company provides temporary and permanent staffing, recruitment, workforce management, talent development, and career transition services to businesses and job seekers.

Its principal brands include Manpower, which specializes in staffing and workforce services; Experis, which focuses on information technology and professional talent; and Talent Solutions, which provides recruitment process outsourcing, talent consulting, leadership development, and outplacement services.