ManpowerGroup (MAN) Expected to Announce Earnings on Thursday

ManpowerGroup (NYSE:MAN) is expected to post its quarterly earnings results 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. Investors interested in participating in the company’s conference call can do so using this link.

ManpowerGroup Stock Up 1.2 %

MAN stock opened at $51.70 on Tuesday. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 17.29 and a beta of 1.28. The firm has a 50-day moving average of $56.42 and a two-hundred day moving average of $60.25. ManpowerGroup has a 12 month low of $47.29 and a 12 month high of $78.87. The company has a current ratio of 1.12, a quick ratio of 1.15 and a debt-to-equity ratio of 0.44.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on MAN shares. JPMorgan Chase & Co. lowered their price objective on ManpowerGroup from $67.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. UBS Group cut their price objective on shares of ManpowerGroup from $63.00 to $57.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th. Truist Financial reiterated a “hold” rating and issued a $70.00 target price (down from $74.00) on shares of ManpowerGroup in a report on Friday, January 31st. Finally, Barclays upgraded shares of ManpowerGroup from an “underweight” rating to an “equal weight” rating and cut their price target for the stock from $55.00 to $50.00 in a report on Thursday, April 10th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $67.50.

About ManpowerGroup

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.