ManpowerGroup Inc (NYSE: MAN) has reported earnings for its third fiscal quarter (ending September 30) of $0.48 versus $0.61 for the same period a year ago — a decline of -21%. This result fell short of the consensus estimate of $1.29 by $-0.81. For the latest four quarters through September 30, E.P.S. were $0.83 versus $4.42 for the same period a year ago — a decline of -81%.
Recent Price Action
ManpowerGroup Inc (NYSE: MAN) stock suffered a large decline of -9.8% on 10/17/24. The stock closed at $67.05. Moreover, this decline was accompanied by exceptionally high trading volume at 488% of normal. The stock has performed in line with the market over the last nine months and has declined -5.2% during the last week.
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 D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. ManpowerGroup has a neutral Appreciation Score of 43 and a slightly negative Power Rating of 36, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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