ManpowerGroup (NYSE:MAN) Stock Price Down 5.7% – Time to Sell?

ManpowerGroup Inc. (NYSE:MAN) was down 5.7% on Tuesday . The company traded as low as $58.00 and last traded at $58.4610. Approximately 64,980 shares were traded during mid-day 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 Analyst Weigh In

Several research analysts have weighed in on MAN shares. Weiss Ratings raised ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group raised their price objective on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Robert W. Baird boosted their target price on shares of ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Truist Financial raised their price target on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 17th. Finally, Barclays increased their target price on shares of ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $53.50.

ManpowerGroup Stock Down 6.8%

The firm has a fifty day moving average price of $52.57 and a 200 day moving average price of $37.71. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.27. The company has a market cap of $2.69 billion, a P/E ratio of 26.30, a PEG ratio of 2.45 and a beta of 0.70.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. The business had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.72 billion. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.During the same period in the previous year, the business posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Equities research analysts forecast that ManpowerGroup Inc. will post 3.62 earnings per share for the current year.

Hedge Funds Weigh In On ManpowerGroup

Institutional investors have recently modified their holdings of the stock. Corient Private Wealth LP grew its stake in shares of ManpowerGroup by 22.9% during the second quarter. Corient Private Wealth LP now owns 312,609 shares of the business services provider’s stock valued at $10,557,000 after purchasing an additional 58,248 shares during the last quarter. Amundi acquired a new position in ManpowerGroup during the 2nd quarter worth $217,000. California State Teachers Retirement System boosted its position in ManpowerGroup by 3,196.1% in the 2nd quarter. California State Teachers Retirement System now owns 2,013,570 shares of the business services provider’s stock valued at $67,998,000 after buying an additional 1,952,481 shares during the last quarter. Syon Capital LLC boosted its position in ManpowerGroup by 113.9% in the 2nd quarter. Syon Capital LLC now owns 17,826 shares of the business services provider’s stock valued at $602,000 after buying an additional 9,493 shares during the last quarter. Finally, Nykredit A S acquired a new stake in shares of ManpowerGroup in the 2nd quarter valued at $90,000. 98.03% of the stock is owned by institutional investors.

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.