-11.58% percent quarterly performance for ManpowerGroup (MAN) is not indicative of the underlying story

ManpowerGroup (NYSE: MAN) kicked off on Monday, up 3.67% from the previous trading day, before settling in for the closing price of $62.48. Over the past 52 weeks, MAN has traded in a range of $59.35-$80.25.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -2.53%. While this was happening, its average annual earnings per share was recorded -24.05%. With a float of $46.25 million, this company’s outstanding shares have now reached $48.42 million.

Considering the fact that the conglomerate employs 27900 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 17.38%, operating margin of 2.06%, and the pretax margin is 0.85%.

ManpowerGroup (MAN) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Staffing & Employment Services Industry. The insider ownership of ManpowerGroup is 1.47%, while institutional ownership is 101.22%. The most recent insider transaction that took place on Oct 23 ’24, was worth 498,240. In this transaction EVP, CFO of this company bought 8,000 shares at a rate of $62.28, taking the stock ownership to the 70,639 shares. Before that another transaction happened on May 20 ’24, when Company’s Director sold 795 for $76.33, making the entire transaction worth $60,682. This insider now owns 9,957 shares in total.

ManpowerGroup (MAN) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.45 earnings per share (EPS), higher than consensus estimate (set at 1.2) by 0.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.9 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -24.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.00% during the next five years compared to -27.09% drop over the previous five years of trading.

ManpowerGroup (NYSE: MAN) Trading Performance Indicators

Take a look at ManpowerGroup’s (MAN) current performance indicators. Last quarter, stock had a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.17. Likewise, its price to free cash flow for the trailing twelve months is 27.79.

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 5.15 in one year’s time.

Technical Analysis of ManpowerGroup (MAN)

Compared to the last year’s volume of 0.44 million, its volume of 0.52 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 59.50%. Additionally, its Average True Range was 1.56.

During the past 100 days, ManpowerGroup’s (MAN) raw stochastic average was set at 28.72%, which indicates a significant decrease from 75.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.79% in the past 14 days, which was lower than the 33.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $67.35, while its 200-day Moving Average is $71.55. Nevertheless, the first resistance level for the watch stands at $65.53 in the near term. At $66.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $67.40. If the price goes on to break the first support level at $63.66, it is likely to go to the next support level at $62.54. Should the price break the second support level, the third support level stands at $61.79.

ManpowerGroup (NYSE: MAN) Key Stats

The company with the Market Capitalisation of 3.12 billion has total of 46,936K Shares Outstanding. Its annual sales at the moment are 18,915 M in contrast with the sum of 88,800 K annual income. Company’s last quarter sales were recorded 4,530 M and last quarter income was 22,800 K.