Currently, there are 47.30M common shares owned by the public and among those 46.21M shares have been available to trade.
The company’s stock has a 5-day price change of 9.21% and -19.87% over the past three months. MAN shares are trading 3.15% year to date (YTD), with the 12-month market performance down to -21.53% lower. It has a 12-month low price of $53.70 and touched a high of $78.87 over the same period. MAN has an average intraday trading volume of 704.76K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.12%, -1.45%, and -13.81% respectively.
Institutional ownership of ManpowerGroup (NYSE: MAN) shares accounts for 101.36% of the company’s 47.30M shares outstanding.
It has a market capitalization of $2.79B and a beta (3y monthly) value of 1.43. The stock’s trailing 12-month PE ratio is 75.13, while the earnings-per-share (ttm) stands at $0.79. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.57% over the week and 2.49% over the month.
Analysts forecast that ManpowerGroup (MAN) will achieve an EPS of 1.0 for the current quarter, 0.81 for the next quarter and 5.0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.96 while analysts give the company a high EPS estimate of 0.96. Comparatively, EPS for the current quarter was 1.45 a year ago. Earnings per share for the fiscal year are expected to decrease by -24.93%, and 8.12% over the next financial year.
Looking at the support for the MAN, a number of firms have released research notes about the stock. Exane BNP Paribas stated their Outperform rating for the stock in a research note on June 11, 2024, with the firm’s price target at $92. Exane BNP Paribas was of a view on January 05, 2024 that the stock is Underperform, while Redburn gave the stock Buy rating on June 20, 2023, issuing a price target of $94. UBS on their part issued Neutral rating on June 01, 2023.
