As the workforce solutions and services provider, ManpowerGroup, Inc (NYSE:MAN) has been at the forefront of providing recruitment, hiring and training processes to clients worldwide. The company operates through several segments such as Americas, Southern Europe, Northern Europe, Asia Pacific Middle East and Corporate. This reputable organization has been in the news recently due to gaining a hold rating from thirteen esteemed analysts.
According to Bloomberg.com, all thirteen analysts who are currently covering ManpowerGroup stock have rated it as “Hold.” Two analysts have given it a sell rating, six deemed it fit for holding while two analysts recommended buying it. These numbers show that this New York Stock Exchange listed corporation is an attractive prospect to investors seeking steady gains over time.
In addition to these ratings, brokers who’ve updated their coverage on the stock in the past year suggest a price objective of $80.00 per share when compared to its high and low 12 month periods. Shares of ManpowerGroup opened at $71.97 on Friday’s trading session while having a market capitalization of $3.63 billion.
The company’s financial metrics clearly show that dividends can be relied upon with its PE ratio standing at 10.46 times earnings and beta score at 1.66 points. It also has a quick ratio of 1.24 with a current ratio that is slightly above par.
The business’s impressive record speaks for itself; whether you’re seeking job placement services or looking for an excellent investment opportunity – there is something for everyone with ManpowerGroup! With over sixty years experience providing innovative recruitment solutions in more than eighty countries globally – its continued success is clear evidence of how vital this organization is to any labour market.
In conclusion, there’s no better time than now to invest in one of NYSE’S most reliable performers – ManpowerGroup! With an impressive track record backed up by expert analysis from accredited professionals – this corporation is definitely one to watch. You don’t want to miss out on any of the potential gains that this workforce solutions and services provider has to offer!
ManpowerGroup Faces Ratings Cuts and Investor Shifts Amidst Uncertainty
ManpowerGroup, a business services provider, has been the center of attention in recent research reports. Several firms have lowered their ratings for the company, including Truist Financial and Argus. Truist Financial even cut their price objective from $92.00 to $80.00 and set a “hold” rating for the company.
In addition to these changes, there have also been recent changes made by institutional investors and hedge funds in their positions with the business. Signaturefd LLC boosted their stake in ManpowerGroup by 73.1% in the third quarter, while other organizations like Proficio Capital Partners LLC and Vigilant Capital Management LLC acquired new positions during the first quarter.
Despite these shifts, ManpowerGroup is still holding strong with a Semi-Annual dividend that is set to be paid on Thursday, June 15th. Investors who were recorded on or before June 1st will receive a dividend of $1.47 per share – representing a yield of 3.9%. This is an increase from ManpowerGroup’s previous Semi-Annual dividend of $1.36.
However, with so much activity happening within this company – it’s difficult for anyone to predict what lies ahead for them. As more news becomes available throughout the year, it will be interesting to see how investors react and adjust their positions accordingly.
For now, we’ll just have to keep watching as events unfold within ManpowerGroup – waiting patiently for any further updates or shifts that may come our way!
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