ManpowerGroup (MAN) Expected to Announce Earnings on Thursday

ManpowerGroup (NYSE:MAN) is expected to announce its earnings results before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $1.01 per share and revenue of $4.43 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

ManpowerGroup Price Performance

Shares of NYSE MAN opened at $60.23 on Wednesday. The firm has a market cap of $2.83 billion, a PE ratio of 76.24 and a beta of 1.46. The company has a fifty day moving average price of $59.60 and a 200 day moving average price of $66.30. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.46. ManpowerGroup has a 1-year low of $53.70 and a 1-year high of $78.87.

ManpowerGroup Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were issued a $1.545 dividend. This represents a $6.18 annualized dividend and a dividend yield of 10.26%. The ex-dividend date of this dividend was Monday, December 2nd. This is an increase from ManpowerGroup’s previous quarterly dividend of $1.01. ManpowerGroup’s dividend payout ratio is presently 389.88%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on MAN. Truist Financial cut their target price on shares of ManpowerGroup from $78.00 to $74.00 and set a “hold” rating for the company in a research note on Friday, October 18th. Barclays dropped 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. UBS Group cut their price objective on ManpowerGroup from $71.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Finally, BMO Capital Markets decreased their target price on shares of ManpowerGroup from $87.00 to $71.00 and set a “market perform” rating for the company in a research report on Friday, October 18th. One 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. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average 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.