ManpowerGroup (MAN) Projected to Post Quarterly Earnings on Thursday

ManpowerGroup (NYSE:MAN) will likely be issuing its quarterly earnings data before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $1.01 per share and revenue of $4.43 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

ManpowerGroup Stock Down 1.0 %

MAN opened at $60.23 on Wednesday. The stock’s fifty day moving average is $59.60 and its 200-day moving average is $66.30. ManpowerGroup has a one year low of $53.70 and a one year high of $78.87. The company has a market capitalization of $2.83 billion, a PE ratio of 76.24 and a beta of 1.46. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.15 and a current ratio of 1.15.

ManpowerGroup Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were given a dividend of $1.545 per share. This is a positive change from ManpowerGroup’s previous quarterly dividend of $1.01. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $6.18 annualized dividend and a dividend yield of 10.26%. ManpowerGroup’s dividend payout ratio (DPR) is 389.88%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on MAN shares. Truist Financial decreased their price target on shares of ManpowerGroup from $78.00 to $74.00 and set a “hold” rating on the stock in a research report on Friday, October 18th. Barclays decreased their target price on shares of ManpowerGroup from $70.00 to $55.00 and set an “underweight” rating for the company in a research note on Friday, January 3rd. BMO Capital Markets dropped their price target on shares of ManpowerGroup from $87.00 to $71.00 and set a “market perform” rating on the stock in a research note on Friday, October 18th. Finally, UBS Group reduced their price objective on shares of ManpowerGroup from $71.00 to $63.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $71.67.

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.