ManpowerGroup (MAN) Projected to Post Quarterly Earnings on Thursday

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

ManpowerGroup Stock Down 0.7 %

NYSE:MAN opened at $60.31 on Thursday. 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 company’s fifty day moving average price is $59.71 and its 200-day moving average price is $66.53. ManpowerGroup has a 1-year low of $53.70 and a 1-year high of $78.87. The firm has a market capitalization of $2.83 billion, a P/E ratio of 76.34 and a beta of 1.46.

ManpowerGroup Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were given a dividend of $1.545 per share. This is an increase from ManpowerGroup’s previous quarterly dividend of $1.01. This represents a $6.18 annualized dividend and a yield of 10.25%. The ex-dividend date was Monday, December 2nd. ManpowerGroup’s dividend payout ratio (DPR) is currently 389.88%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. BMO Capital Markets dropped their target price on ManpowerGroup from $87.00 to $71.00 and set a “market perform” rating on the stock in a report on Friday, October 18th. Truist Financial cut their price objective on shares of ManpowerGroup from $78.00 to $74.00 and set a “hold” rating for the company in a report on Friday, October 18th. Barclays lowered their target price on shares of ManpowerGroup from $70.00 to $55.00 and set an “underweight” rating on the stock 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 given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $71.67.

ManpowerGroup Company Profile

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.