The stock of ManpowerGroup (MAN) has seen a -5.63% decrease in the past week, with a -12.20% drop in the past month, and a -15.42% decrease in the past quarter. The volatility ratio for the week is 4.08%, and the volatility levels for the past 30 days are at 2.38% for MAN. The simple moving average for the last 20 days is -8.89% for MAN stock, with a simple moving average of -13.18% for the last 200 days.
Is It Worth Investing in ManpowerGroup (NYSE: MAN) Right Now?
ManpowerGroup (NYSE: MAN) has a higher price-to-earnings ratio of 80.25x compared to its average ratio, The 36-month beta value for MAN is at 1.43. 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.”
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The public float for MAN is 46.74M, and currently, shorts hold a 4.22% of that float. The average trading volume for MAN on October 24, 2024 was 446.43K shares.
MAN) stock’s latest price update
ManpowerGroup (NYSE: MAN)’s stock price has increased by 1.60 compared to its previous closing price of 62.28. However, the company has seen a -5.63% decrease in its stock price over the last five trading sessions. benzinga.com reported 2024-10-23 that The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Analysts’ Opinion of MAN
Many brokerage firms have already submitted their reports for MAN stocks, with Exane BNP Paribas repeating the rating for MAN by listing it as a “Outperform.” The predicted price for MAN in the upcoming period, according to Exane BNP Paribas is $92 based on the research report published on June 11, 2024 of the current year 2024.
Exane BNP Paribas gave a rating of “Underperform” to MAN, setting the target price at $70 in the report published on January 05th of the current year.
MAN Trading at -10.94% 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 -21.15% of loss for the given period.
Volatility was left at 2.38%, however, over the last 30 days, the volatility rate increased by 4.08%, as shares sank -13.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.97% lower at present.
During the last 5 trading sessions, MAN fell by -5.62%, which changed the moving average for the period of 200-days by -16.99% in comparison to the 20-day moving average, which settled at $69.45. In addition, ManpowerGroup saw -20.38% 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 McGinnis John T, who purchase 8,000 shares at the price of $62.28 back on Oct 23 ’24. After this action, McGinnis John T now owns 70,639 shares of ManpowerGroup, valued at $498,240 using the latest closing price.
PAYNE ULICE JR, the Director of ManpowerGroup, sale 795 shares at $76.33 during a trade that took place back on May 20 ’24, which means that PAYNE ULICE JR is holding 9,957 shares at $60,682 based on the most recent closing price.
Stock Fundamentals for MAN
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- -3.01 for the gross margin
The net margin for ManpowerGroup stands at 0.01. The total capital return value is set at 0.09. Equity return is now at value 1.66, with 0.45 for asset returns.
Based on ManpowerGroup (MAN), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is 7.66.
Currently, EBITDA for the company is 552.2 million with net debt to EBITDA at 2.45. When we switch over and look at the enterprise to sales, we see a ratio of 0.84. The receivables turnover for the company is 1.01for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.
Conclusion
In conclusion, ManpowerGroup (MAN) has had a bad 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.
