News stories about ManpowerGroup (NYSE:MAN) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ManpowerGroup earned a news impact score of 0.21 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 46.115094581361 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- What’s driving cloud adoption in 2017? (cloudacademy.com)
- ManpowerGroup : Manufacturing is Dead? Think Again. Here are 165 Digital Roles Shaping NextGen Manufacturing in the United States (4-traders.com)
- A different kind of draft day for students at Cristo Rey: Slideshow (bizjournals.com)
- Comparing ManpowerGroup (MAN) & Robert Half International (RHI) (americanbankingnews.com)
MAN has been the subject of several research reports. Zacks Investment Research downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Wednesday, April 26th. BidaskClub downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. BMO Capital Markets boosted their price objective on shares of ManpowerGroup from $113.00 to $124.00 and gave the stock an “outperform” rating in a research note on Friday, July 14th. Credit Suisse Group reiterated a “neutral” rating and set a $111.00 price objective (up from $106.00) on shares of ManpowerGroup in a research note on Tuesday, July 25th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $111.00 price objective (up from $104.00) on shares of ManpowerGroup in a research note on Friday, July 14th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $102.71.
Shares of ManpowerGroup (MAN) traded down 0.02% on Wednesday, hitting $108.56. 254,137 shares of the stock traded hands. ManpowerGroup has a 12-month low of $67.30 and a 12-month high of $119.59. The stock has a 50-day moving average price of $111.06 and a 200 day moving average price of $103.69. The stock has a market cap of $7.24 billion, a price-to-earnings ratio of 16.61 and a beta of 1.39.
ManpowerGroup (NYSE:MAN) last announced its quarterly earnings results on Monday, July 24th. The business services provider reported $1.72 EPS for the quarter, missing the consensus estimate of $1.73 by $0.01. ManpowerGroup had a net margin of 2.24% and a return on equity of 17.90%. The company had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.06 billion. During the same quarter last year, the business earned $1.60 EPS. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, analysts anticipate that ManpowerGroup will post $6.75 earnings per share for the current fiscal year.
In other ManpowerGroup news, SVP Richard Buchband sold 1,250 shares of the stock in a transaction that occurred on Monday, June 19th. The stock was sold at an average price of $109.00, for a total transaction of $136,250.00. Following the transaction, the senior vice president now owns 3,884 shares in the company, valued at $423,356. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Sriram Chandrashekar sold 19,912 shares of the stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $105.39, for a total value of $2,098,525.68. Following the transaction, the executive vice president now owns 1,659 shares in the company, valued at approximately $174,842.01. The disclosure for this sale can be found here. In the last quarter, insiders have sold 121,715 shares of company stock worth $12,904,283. Corporate insiders own 0.87% of the company’s stock.
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ManpowerGroup Inc is a provider of workforce solutions and services. The Company’s segments include Americas, Southern Europe, Northern Europe, Asia Pacific Middle East (APME), Right Management and Corporate. The Company’s Americas segment includes operations in the United States and Other Americas. Its Southern Europe segment includes operations in France, Italy and Other Southern Europe.
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