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

Wall Street Zen upgraded shares of ManpowerGroup (NYSE:MAN – Free Report) from a hold rating to a buy rating in a report issued on Sunday morning,Wall Street Zen reports.

Several other analysts have also recently commented on the company. Weiss Ratings raised ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Barclays upped their price objective on ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a report on Monday, July 20th. JPMorgan Chase & Co. cut their price objective on ManpowerGroup from $59.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday. The Goldman Sachs Group reduced their target price on ManpowerGroup from $57.00 to $50.00 and set a “neutral” rating for the company in a report on Thursday. Finally, Robert W. Baird reduced their target price on ManpowerGroup from $72.00 to $65.00 and set an “outperform” rating for the company in a report on Friday. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $51.88.

Read Our Latest Stock Report on ManpowerGroup

ManpowerGroup Price Performance

Shares of NYSE:MAN opened at $41.48 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.26. The company has a market cap of $1.93 billion, a P/E ratio of 16.39, a PEG ratio of 1.64 and a beta of 0.68. ManpowerGroup has a 52 week low of $25.15 and a 52 week high of $63.88. The company has a 50-day moving average price of $57.04 and a 200 day moving average price of $43.26.

ManpowerGroup (NYSE:MAN – Get Free Report) last announced its quarterly earnings data on Thursday, October 15th. The business services provider reported $1.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The company had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same quarter in the previous year, the company earned $0.83 EPS. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Research analysts predict that ManpowerGroup will post 3.61 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC acquired a new stake in shares of ManpowerGroup during the 2nd quarter valued at approximately $30,000. Elevation Wealth Partners LLC grew its holdings in shares of ManpowerGroup by 2,007.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock worth $38,000 after acquiring an additional 1,084 shares during the period. SJS Investment Consulting Inc. acquired a new stake in shares of ManpowerGroup in the 1st quarter worth approximately $57,000. Allworth Financial LP acquired a new stake in shares of ManpowerGroup in the 2nd quarter worth approximately $88,000. Finally, EverSource Wealth Advisors LLC increased its stake in ManpowerGroup by 55.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,021 shares of the business services provider’s stock valued at $89,000 after purchasing an additional 1,074 shares in the last quarter. 98.03% of the stock is owned by hedge funds and other institutional investors.

More ManpowerGroup News

Here are the key news stories impacting ManpowerGroup this week:

  • Positive Sentiment: ManpowerGroup reported third-quarter adjusted earnings of $1.01 per share, matching consensus and increasing from $0.83 a year earlier. Revenue rose 4.4% year over year to approximately $4.84 billion, while reported net earnings per diluted share increased to $0.71 from $0.38. ManpowerGroup Reports Third-Quarter 2026 Results
  • Positive Sentiment: Management cited continued growth in the Manpower business, improving Experis trends—including a return to growth for U.S. Experis—and stronger results in Northern Europe. Cost actions also supported improving SG&A trends. ManpowerGroup Reports Third-Quarter 2026 Results
  • Neutral Sentiment: Becky Frankiewicz, currently president and chief strategy officer, will become CEO on January 1, 2027, while Jonas Prising moves to executive chair. The transition may support the company’s artificial-intelligence strategy, but it also introduces execution uncertainty. ManpowerGroup Announces Leadership Transition
  • Negative Sentiment: Third-quarter revenue of $4.84 billion came in slightly below the $4.86 billion analyst estimate. The miss was modest, but it reinforced concerns that labor-market demand remains uneven despite earnings growth. ManpowerGroup Shares Fall as Revenue Misses Forecasts
  • Negative Sentiment: Fourth-quarter EPS guidance of $1.03 to $1.13 was centered near the $1.10 consensus estimate, but the outlook and projected 3%–7% constant-currency revenue growth were viewed as insufficient to offset near-term uncertainty. ManpowerGroup Fourth-Quarter Forecast
  • Negative Sentiment: Analysts cut their valuations following the report: JPMorgan reduced its price target to $50 from $59 and maintained a neutral rating, while UBS lowered its target to $48 from $56. Additional forecast reductions signal weaker expectations for earnings and revenue recovery. Analysts Cut ManpowerGroup Forecasts

About ManpowerGroup

(Get Free Report)

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.

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Analyst Recommendations for ManpowerGroup (NYSE:MAN)

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