Earnings and Growth Analysis : ManpowerGroup (NYSE:MAN)

Earnings results for ManpowerGroup (NYSE:MAN)

ManpowerGroup is expected* to report earnings on 10/19/2021 before market open. The report will be for the fiscal Quarter ending Sep 2021. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.8599999999999999. The reported EPS for the same quarter last year was $1.2.

ManpowerGroup last issued its quarterly earnings results on July 19th, 2021. The business services provider reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.60. The firm had revenue of $5.28 billion for the quarter, compared to analysts’ expectations of $5.15 billion. Its revenue was up 41.0% compared to the same quarter last year. ManpowerGroup has generated $3.67 earnings per share over the last year ($4.64 diluted earnings per share) and currently has a price-to-earnings ratio of 24.4. Earnings for ManpowerGroup are expected to grow by 21.30% in the coming year, from $7.09 to $8.60 per share. ManpowerGroup has confirmed that its next quarterly earnings report will be published on Tuesday, October 19th, 2021. ManpowerGroup will be holding an earnings conference call on Tuesday, October 19th at 8:30 AM Eastern. Interested parties can .

Analyst Opinion on ManpowerGroup (NYSE:MAN)

According to the issued ratings of 10 analysts in the last year, the consensus rating for ManpowerGroup stock is Buy based on the current 1 sell rating, 1 hold rating and 8 buy ratings for MAN. The average twelve-month price target for ManpowerGroup is $118.75 with a high price target of $143.00 and a low price target of $88.00.

on MAN’s analyst rating history

ManpowerGroup has received a consensus rating of Buy. The company’s average rating score is 2.70, and is based on 8 buy ratings, 1 hold rating, and 1 sell rating. According to analysts’ consensus price target of $118.75, ManpowerGroup has a forecasted upside of 4.8% from its current price of $113.35. ManpowerGroup has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: ManpowerGroup (NYSE:MAN)

ManpowerGroup pays a meaningful dividend of 2.22%, higher than the bottom 25% of all stocks that pay dividends. ManpowerGroup has only been increasing its dividend for 1 years. The dividend payout ratio of ManpowerGroup is 68.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ManpowerGroup will have a dividend payout ratio of 29.30% next year. This indicates that ManpowerGroup will be able to sustain or increase its dividend.

Insiders buying/selling: ManpowerGroup (NYSE:MAN)

In the past three months, ManpowerGroup insiders have not sold or bought any company stock. Only 1.70% of the stock of ManpowerGroup is held by insiders. 92.87% of the stock of ManpowerGroup is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of ManpowerGroup (NYSE:MAN

Earnings for ManpowerGroup are expected to grow by 21.30% in the coming year, from $7.09 to $8.60 per share. The P/E ratio of ManpowerGroup is 24.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.68. The P/E ratio of ManpowerGroup is 24.43, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 26.29. ManpowerGroup has a PEG Ratio of 0.69. PEG Ratios below 1 indicate that a company could be undervalued. ManpowerGroup has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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