Analyst Ratings for ManpowerGroup (MAN)Updated: 2017-07-28
Shares of ManpowerGroup (NYSE:MAN) have received a consensus rating of Overweight from Wall Street analysts. MAN had previously received a consensus rating of Overweight a month ago.
15 analysts issued ratings on the stock, where 5 gave MAN a buy rating, 1 gave an overweight rating, 9 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for MAN by the analysts covering the stock. The most optimistic price target was 127, which equates to a potential upside of 19.45 percent. The most pessimistic analyst gave a price target of 100, implying a possible loss of -5.94 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 3.71 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.44 percent. Meanwhile, fiscal year estimates have been revised upwards by 3.25 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.17 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 6 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 6 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of MAN to grow at a rate of 3.51 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MAN is 4.62.
In the trailing 52-weeks, MAN hit 119.59 at the highest peak, while it's lowest trading point was 66.50. The current market price is above the trailing year's low by 59.88 percent, and 11.1 percent lower than its 52-week high. MAN has a P/E ratio of 16.2. Investors typically compare the P/E ratio to a company's peers in the industry. The MAN value stock report compares MAN to some of its peers using value stock charts. The stock has a market capitalization of $7.07 billion. MAN's next earnings release will be on 0000-00-00, which is days away.