For its second fiscal quarter (ending June 30), ManpowerGroup Inc (NYSE: MAN) has reported a -4% decline in E.P.S. from $1.30 a year ago to $1.25 in the current quarter. This performance was $-0.02 short of the consensus estimate of $1.27. E.P.S. were $0.95 for the latest four quarters through June 30 versus $5.95 for the same period a year ago — a decline of -84%.
Recent Price Action
ManpowerGroup Inc (NYSE: MAN) stock closed at $73.34 on 7/18/24 after a modest decline of -1.1%. Moreover, trading volume in this decline was unusually high at 185% of normal. The stock has risen 9.6% during the last week but has been weak relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. ManpowerGroup has a neutral Appreciation Score of 42 but a poor Power Rating of 18, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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