ManpowerGroup (MAN) Expected to Announce Earnings on Thursday

ManpowerGroup (NYSE:MAN) is expected to release its earnings data before the market opens on Thursday, April 17th. Analysts expect ManpowerGroup to post earnings of $0.59 per share and revenue of $3.94 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

ManpowerGroup Price Performance

Shares of MAN stock opened at $52.92 on Thursday. The company has a quick ratio of 1.15, a current ratio of 1.12 and a debt-to-equity ratio of 0.44. ManpowerGroup has a 12-month low of $47.29 and a 12-month high of $78.87. The firm has a fifty day moving average of $56.86 and a 200-day moving average of $60.79. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 17.70 and a beta of 1.28.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. decreased their target price on ManpowerGroup from $67.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Truist Financial reiterated a “hold” rating and issued a $70.00 price objective (down from $74.00) on shares of ManpowerGroup in a research report on Friday, January 31st. UBS Group dropped their target price on shares of ManpowerGroup from $71.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Finally, Barclays dropped their price objective on shares of ManpowerGroup from $70.00 to $55.00 and set an “underweight” rating on the stock in a report on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $69.33.

ManpowerGroup Company Profile

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.