ManpowerGroup (NYSE: MAN) has a higher price-to-earnings ratio of 45.37x compared to its average ratio, The 36-month beta value for MAN is at 1.51. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for MAN is 47.69M, and currently, shorts hold a 2.92% of that float. The average trading volume for MAN on April 18, 2024 was 399.38K shares.
MAN) stock’s latest price update
ManpowerGroup (NYSE: MAN) has seen a rise in its stock price by 7.71 in relation to its previous close of 70.07. However, the company has experienced a 4.25% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-18 that Although the revenue and EPS for Manpower (MAN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
MAN’s Market Performance
ManpowerGroup (MAN) has experienced a 4.25% rise in stock performance for the past week, with a 3.61% rise in the past month, and a -0.81% drop in the past quarter. The volatility ratio for the week is 1.79%, and the volatility levels for the past 30 days are at 1.90% for MAN. The simple moving average for the past 20 days is 2.20% for MAN’s stock, with a 0.12% simple moving average for the past 200 days.
Analysts’ Opinion of MAN
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see MAN reach a price target of $70. The rating they have provided for MAN stocks is “Underperform” according to the report published on January 05th, 2024.
Redburn gave a rating of “Buy” to MAN, setting the target price at $94 in the report published on June 20th of the previous year.
MAN Trading at 3.07% from the 50-Day Moving Average
After a stumble in the market that brought MAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.12% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.79%, as shares surge +0.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.89% upper at present.
During the last 5 trading sessions, MAN rose by +3.77%, which changed the moving average for the period of 200-days by -5.78% in comparison to the 20-day moving average, which settled at $73.87. In addition, ManpowerGroup saw -5.03% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MAN starting from MONDANO DONALD O, who sale 1,600 shares at the price of $72.96 back on Nov 07 ’23. After this action, MONDANO DONALD O now owns 1,840 shares of ManpowerGroup, valued at $116,736 using the latest closing price.
PAYNE ULICE JR, the Director of ManpowerGroup, sale 1,100 shares at $77.30 during a trade that took place back on Aug 24 ’23, which means that PAYNE ULICE JR is holding 8,620 shares at $85,030 based on the most recent closing price.
Stock Fundamentals for MAN
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.18 for the gross margin
The net margin for ManpowerGroup stands at 0.0. The total capital return value is set at 0.11. Equity return is now at value 3.80, with 0.99 for asset returns.
Based on ManpowerGroup (MAN), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 0.5. The interest coverage ratio of the stock is 5.4.
Currently, EBITDA for the company is 552.2 million with net debt to EBITDA at 1.51. When we switch over and look at the enterprise to sales, we see a ratio of 0.24. The receivables turnover for the company is 3.92for trailing twelve months and the total asset turnover is 2.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.16.
Conclusion
In conclusion, ManpowerGroup (MAN) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
