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.
Investment analysts gave a few price targets for MAN. The most optimistic price target was 127, implying a possible profit of 19.45 percent. The minimum price target given was 100, which equates to a potential downside of -5.94 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 3.71 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 3.44 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 3.25 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.17 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 6 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 6 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
MAN has an estimated earnings growth rate of 3.51 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MAN is 4.62.
MAN has traded between a high of 119.59 and a low of 66.50 over the past year. Currently the stock is 59.88 percent higher than its low, and 11.1 percent below the high. MAN has a price/earnings 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 market cap of MAN is $7.07 billion. MAN will post this quarters earnings in days, on 0000-00-00.