ManpowerGroup (MAN) Projected to Post Earnings on Thursday

ManpowerGroup (NYSE:MAN) is anticipated to release its earnings data before the market opens on Thursday, January 30th. Analysts expect ManpowerGroup to post earnings of $1.01 per share and revenue of $4,477,654.80 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

ManpowerGroup Stock Up 0.6 %

MAN stock opened at $60.74 on Tuesday. ManpowerGroup has a twelve month low of $53.70 and a twelve month high of $78.87. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 76.88 and a beta of 1.46. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.46. The business has a 50 day moving average price of $59.60 and a two-hundred day moving average price of $66.36.

ManpowerGroup Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were paid a $1.545 dividend. The ex-dividend date was Monday, December 2nd. This is a boost from ManpowerGroup’s previous quarterly dividend of $1.01. This represents a $6.18 annualized dividend and a dividend yield of 10.17%. ManpowerGroup’s dividend payout ratio (DPR) is currently 389.87%.

Analyst Ratings Changes

Several analysts have issued reports on MAN shares. UBS Group dropped their price target on shares of ManpowerGroup from $71.00 to $63.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Truist Financial reduced their price target on ManpowerGroup from $78.00 to $74.00 and set a “hold” rating for the company in a report on Friday, October 18th. BMO Capital Markets dropped their price objective on ManpowerGroup from $87.00 to $71.00 and set a “market perform” rating on the stock in a research note on Friday, October 18th. Finally, Barclays cut their price objective on ManpowerGroup from $70.00 to $55.00 and set an “underweight” rating for the company in a research report on Friday, January 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $71.67.

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.