At the time of writing, ManpowerGroup [MAN] stock is trading at $64.14, down -0.97%. An important factor to consider is whether the stock is rising or falling in short-term value. The MAN shares have gain 6.21% over the last week, with a monthly amount glided 0.42%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ManpowerGroup [NYSE: MAN] stock has seen the most recent analyst activity on June 11, 2024, when Exane BNP Paribas upgraded its rating to a Outperform but kept the price target unchanged to $92 for it. On January 05, 2024, downgrade downgraded it’s rating to Underperform but maintained its price target of $70 on the stock. Redburn started tracking the stock assigning a Buy rating and suggested a price target of $94 on June 20, 2023. UBS initiated its recommendation with a Neutral and recommended $77 as its price target on June 01, 2023. Argus downgraded its rating to Hold for this stock on April 27, 2023. In a note dated January 26, 2023, Northcoast downgraded an Neutral rating on this stock.
For the past year, the stock price of ManpowerGroup fluctuated between $59.35 and $80.25. Currently, Wall Street analysts expect the stock to reach $88.57 within the next 12 months. ManpowerGroup [NYSE: MAN] shares were valued at $64.14 at the most recent close of the market. An investor can expect a potential return of 38.09% based on the average MAN price forecast.
Analyzing the MAN fundamentals
According to ManpowerGroup [NYSE:MAN], the company’s sales were 18.08B for trailing twelve months, which represents an -3.11% plunge. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.02 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 63.68 points at the first support level, and at 63.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.60, and for the 2nd resistance point, it is at 65.07.
Ratios To Look Out For
It is important to note that ManpowerGroup [NYSE:MAN] has a current ratio of 1.15. On the other hand, the Quick Ratio is 1.15, and the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.17, the price to book ratio is 1.39 and price to earnings (TTM) ratio is 80.93.
Transactions by insiders
Recent insider trading involved McGinnis John T, EVP, CFO, that happened on Oct 23 ’24 when 8000.0 shares were purchased. Director, PAYNE ULICE JR completed a deal on May 20 ’24 to sell 795.0 shares.
