ManpowerGroup (NYSE:MAN - Get Free Report) is expected to be posting its quarterly earnings results 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. Individual that wish to listen to the company's earnings conference call can do so using this link.
ManpowerGroup Stock Up 1.0 %
Shares of MAN traded up $0.60 during trading hours on Thursday, hitting $60.84. The stock had a trading volume of 560,241 shares, compared to its average volume of 613,724. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a 50 day simple moving average of $59.66 and a 200-day simple moving average of $66.49. The firm has a market capitalization of $2.86 billion, a P/E ratio of 77.02 and a beta of 1.46. ManpowerGroup has a 1-year low of $53.70 and a 1-year high of $78.87.
ManpowerGroup Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were paid a $1.545 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This is an increase from ManpowerGroup's previous quarterly dividend of $1.01. This represents a $6.18 annualized dividend and a dividend yield of 10.16%. ManpowerGroup's dividend payout ratio (DPR) is currently 389.88%.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the company. BMO Capital Markets reduced their target price on ManpowerGroup from $87.00 to $71.00 and set a "market perform" rating for the company in a research note on Friday, October 18th. Truist Financial reduced their target price on ManpowerGroup from $78.00 to $74.00 and set a "hold" rating for the company in a research note on Friday, October 18th. Barclays cut their price target on ManpowerGroup from $70.00 to $55.00 and set an "underweight" rating for the company in a research note on Friday, January 3rd. Finally, UBS Group cut their price target on ManpowerGroup from $71.00 to $63.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $71.67.
Check Out Our Latest Stock Analysis on ManpowerGroup
About ManpowerGroup
(
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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.
Further Reading
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