A new trading day began on Monday, with ManpowerGroup (NYSE: MAN) stock price down -4.08% from the previous day of trading, before settling in for the closing price of $65.25. MAN’s price has ranged from $64.35 to $80.25 over the past 52 weeks.
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Industrials Sector giant saw their annual sales slid by -2.53% over the last five years. Meanwhile, its annual earnings per share averaged -24.60%. With a float of $46.74 million, this company’s outstanding shares have now reached $48.42 million.
The firm has a total of 27900 workers. Let’s measure their productivity. In terms of profitability, gross margin is -301.01%, operating margin of 8.06%, and the pretax margin is 3.33%.
ManpowerGroup (MAN) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Staffing & Employment Services Industry. The insider ownership of ManpowerGroup is 1.49%, while institutional ownership is 100.33%. The most recent insider transaction that took place on May 20 ’24, was worth 60,682. In this transaction Director of this company sold 795 shares at a rate of $76.33, taking the stock ownership to the 9,957 shares. Before that another transaction happened on Nov 07 ’23, when Company’s SVP, Global Controller sold 1,600 for $72.96, making the entire transaction worth $116,736. This insider now owns 1,840 shares in total.
ManpowerGroup (MAN) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.45 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to -27.09% drop over the previous five years of trading.
ManpowerGroup (NYSE: MAN) Trading Performance Indicators
Here are ManpowerGroup’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.16. Likewise, its price to free cash flow for the trailing twelve months is 26.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.79, a number that is poised to hit 1.01 in the next quarter and is forecasted to reach 5.18 in one year’s time.
Technical Analysis of ManpowerGroup (MAN)
Analysing the last 5-days average volume posted by the [ManpowerGroup, MAN], we can find that recorded value of 1.13 million was better than the volume posted last year of 0.42 million. As of the previous 9 days, the stock’s Stochastic %D was 8.39%. Additionally, its Average True Range was 2.18.
During the past 100 days, ManpowerGroup’s (MAN) raw stochastic average was set at 2.92%, which indicates a significant decrease from 3.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.53% in the past 14 days, which was higher than the 32.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $71.49, while its 200-day Moving Average is $73.09. Now, the first resistance to watch is $64.32. This is followed by the second major resistance level at $66.05. The third major resistance level sits at $67.15. If the price goes on to break the first support level at $61.49, it is likely to go to the next support level at $60.39. Should the price break the second support level, the third support level stands at $58.66.
ManpowerGroup (NYSE: MAN) Key Stats
With a market capitalization of 2.97 billion, the company has a total of 47,700K Shares Outstanding. Currently, annual sales are 18,915 M while annual income is 88,800 K. The company’s previous quarter sales were 4,521 M while its latest quarter income was 60,100 K.
