ManpowerGroup Inc. (NYSE:MAN) Stock Has Average Price Target of $53.50 According to Analysts

Shares of ManpowerGroup Inc. (NYSE:MAN) have been assigned an average recommendation of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $53.50.

A number of equities analysts have recently issued reports on MAN shares. Weiss Ratings raised ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. BMO Capital Markets upped their price target on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Barclays increased their price target on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday, July 20th. Wall Street Zen upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. Finally, Truist Financial boosted their price objective on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a report on Friday, July 17th.

ManpowerGroup Stock Down 0.1%

MAN stock opened at $54.13 on Friday. ManpowerGroup has a one year low of $25.15 and a one year high of $63.88. The stock has a market capitalization of $2.52 billion, a PE ratio of 24.60, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. The company has a fifty day moving average of $57.80 and a 200-day moving average of $41.64.

ManpowerGroup (NYSE:MAN) last issued its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. The business had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. 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. As a group, analysts expect that ManpowerGroup will post 3.62 EPS for the current year.

Institutional Investors Weigh In On ManpowerGroup

A number of hedge funds and other institutional investors have recently modified their holdings of MAN. BlackRock Inc. purchased a new stake in ManpowerGroup during the second quarter worth $265,921,000. Quantinno Capital Management LP grew its holdings 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 valued at $52,850,000 after purchasing an additional 1,259,752 shares during the last quarter. Alberta Investment Management Corp purchased a new position in shares of ManpowerGroup in the second quarter valued at $33,702,000. Wellington Management Group LLP purchased a new position 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 in the second quarter valued at $16,009,000. 98.03% of the stock is currently owned by institutional investors and hedge funds.

About ManpowerGroup

ManpowerGroup Inc is a global workforce solutions and staffing company headquartered in Milwaukee, Wisconsin. Founded in 1948, the company helps organizations recruit, manage and develop talent while assisting individuals with finding employment and advancing their careers.

ManpowerGroup provides temporary, permanent and contract staffing; recruitment process outsourcing; workforce management; career transition and outplacement services; and talent development programs. 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, career management and workforce consulting services.

The company serves employers and job seekers across a broad range of industries and geographic markets, with operations spanning numerous countries and territories worldwide.