Alert: Negative Investment/Fundamental Signals (8/12/24)-ManpowerGroup Inc (NYSE: MAN)

out_logo_500#03064.jpg

ManpowerGroup Inc (NYSE: MAN) suffers from extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.

Recent modest negative changes in fundamentals have impacted ManpowerGroup Inc (NYSE: MAN). Negative developments: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

out_mm#03064.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, MAN is expected to continue to be an important Value Builder.

ManpowerGroup has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. ManpowerGroup has a slightly negative Appreciation Score of 40 and a poor Power Rating of 17, resulting in the Lowest Value Trend Rating.

Recent Price Action

On 8/12/24, ManpowerGroup Inc (NYSE: MAN) stock declined modestly by -1.2%, closing at $69.29. However, below average trading volume at 70% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -4.9% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*