Zacks Research Weighs in on ManpowerGroup Inc.’s Q4 2024 Earnings (NYSE:MAN)

ManpowerGroup Inc. (NYSE:MANFree Report) – Research analysts at Zacks Research lowered their Q4 2024 EPS estimates for ManpowerGroup in a report released on Thursday, May 9th. Zacks Research analyst R. Department now expects that the business services provider will post earnings of $1.33 per share for the quarter, down from their previous estimate of $1.37. The consensus estimate for ManpowerGroup’s current full-year earnings is $4.99 per share. Zacks Research also issued estimates for ManpowerGroup’s Q2 2025 earnings at $1.67 EPS, Q4 2025 earnings at $1.54 EPS and FY2025 earnings at $6.14 EPS.

MAN has been the subject of several other research reports. JPMorgan Chase & Co. lifted their target price on shares of ManpowerGroup from $82.00 to $84.00 and gave the stock a “neutral” rating in a research note on Friday, April 19th. Truist Financial lifted their target price on shares of ManpowerGroup from $75.00 to $78.00 and gave the stock a “hold” rating in a research note on Wednesday, January 31st. BMO Capital Markets lifted their target price on shares of ManpowerGroup from $81.00 to $84.00 and gave the stock a “market perform” rating in a research note on Monday, April 22nd. StockNews.com downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Finally, UBS Group reduced their target price on shares of ManpowerGroup from $81.00 to $80.00 and set a “neutral” rating for the company in a research note on Friday, April 19th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, ManpowerGroup presently has an average rating of “Hold” and an average price target of $83.00.

Check Out Our Latest Stock Analysis on ManpowerGroup

ManpowerGroup Price Performance

MAN opened at $78.40 on Monday. The company has a market capitalization of $3.74 billion, a price-to-earnings ratio of 80.83, a PEG ratio of 1.61 and a beta of 1.50. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average price of $74.82 and a 200-day moving average price of $75.00. ManpowerGroup has a twelve month low of $67.35 and a twelve month high of $88.91.

ManpowerGroup (NYSE:MANGet Free Report) last announced its quarterly earnings data on Thursday, April 18th. The business services provider reported $0.94 EPS for the quarter, topping the consensus estimate of $0.90 by $0.04. The business had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.44 billion. ManpowerGroup had a net margin of 0.27% and a return on equity of 11.45%. The company’s revenue for the quarter was down 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.61 earnings per share.

ManpowerGroup Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, June 14th. Investors of record on Monday, June 3rd will be paid a dividend of $1.54 per share. The ex-dividend date is Monday, June 3rd. This represents a yield of 3.8%. This is a boost from ManpowerGroup’s previous semi-annual dividend of $1.47. ManpowerGroup’s payout ratio is currently 303.10%.

Hedge Funds Weigh In On ManpowerGroup

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in ManpowerGroup by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 6,912,219 shares of the business services provider’s stock valued at $549,314,000 after purchasing an additional 17,691 shares during the last quarter. Victory Capital Management Inc. lifted its position in ManpowerGroup by 3.8% during the fourth quarter. Victory Capital Management Inc. now owns 3,759,889 shares of the business services provider’s stock valued at $298,798,000 after purchasing an additional 137,668 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in ManpowerGroup by 10.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,066,520 shares of the business services provider’s stock valued at $164,227,000 after purchasing an additional 193,444 shares during the last quarter. Schroder Investment Management Group lifted its position in ManpowerGroup by 10.7% during the fourth quarter. Schroder Investment Management Group now owns 1,425,180 shares of the business services provider’s stock valued at $113,259,000 after purchasing an additional 137,441 shares during the last quarter. Finally, Invesco Ltd. lifted its position in ManpowerGroup by 22.5% during the third quarter. Invesco Ltd. now owns 1,283,262 shares of the business services provider’s stock valued at $94,089,000 after purchasing an additional 235,578 shares during the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

About ManpowerGroup

(Get Free Report)

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.

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Earnings History and Estimates for ManpowerGroup (NYSE:MAN)

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