On Thursday, shares of ManpowerGroup Inc. (NYSE:MAN) marked $68.04 per share versus a previous $67.08 closing price. With having a 1.43% gain, an insight into the fundamental values of ManpowerGroup Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. MAN showed a fall of -29.93% within its YTD performance, with highs and lows between $49.57 – $100.99 during the period of 52 weeks, compared to the simple moving average of -16.66% in the period of the last 200 days.
Credit Suisse equity researchers changed the status of ManpowerGroup Inc. (NYSE: MAN) shares from “Underperform” to a “Neutral” rating in the report published on May 21st, 2020. Other analysts, including Barclays, also published their reports on MAN shares. Barclays repeated the rating from the previous report, marking MAN under “Underweight” rating, in the report published on March 19th, 2020. Additionally, MAN shares got another “Overweight” rating from Barclays, setting a target price of $112 on the company’s shares, according to the report published in January 14th, 2020. On the other hand, CL King Initiated the “Buy” rating for MAN shares, as published in the report on November 13th, 2019. Argus seems to be going bullish on the price of MAN shares, based on the price prediction for MAN. Another “Underperform” rating came from Credit Suisse.
The present dividend yield for MAN owners is set at 0.03, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with ManpowerGroup Inc., the company needs to provide a healthy cash flow, currently at the value of 5.12. In addition, the growth of sales from quarter to quarter is recording -8.40%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of ManpowerGroup Inc. (MAN) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 15.50% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.50 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while MAN is currently recording an average of 760.04K in volumes. The volatility of the stock on monthly basis is set at 3.77%, while the weekly volatility levels are marked at 3.26%with -2.35% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $71.60, indicating growth from the present price of $68.04, which can represent yet another valuable research and analysis points that can help you decide whether to invest in MAN or pass.
ManpowerGroup Inc. (MAN) is based in the USA and it represents one of the well-known company operating with Industrials sector. If you wish to compare MAN shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 9.87 for ManpowerGroup Inc., while the value 13.15 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 6.90 is supported by the yearly EPS growth of -9.20%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.10%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 98.70% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.Are Institutional Investors Increasing Stakes in MAN Shares?
It appears that more than several institutional investors and hedge funds decided to increase stakes in MAN in the recent period. That is how The Vanguard Group, Inc. now has an increase position in MAN by 1.63% in the first quarter, owning 5.54 million shares of MAN stocks, with the value of $383.16 million after the purchase of an additional 88,753 shares during the last quarter. In the meanwhile, AQR Capital Management LLC also increased their stake in MAN shares changed 31.73% in the first quarter, which means that the company now owns 3.72 million shares of company, all valued at $257.34 million after the acquisition of additional 896,432 shares during the last quarter.
Capital Research & Management Co. acquired a new position in ManpowerGroup Inc. during the first quarter, with the value of $198.49 million, and SSgA Funds Management, Inc. increased their stake in the company’s shares by 0.82% in the first quarter, now owning 22,624 shares valued at $192.4 million after the acquisition of the additional 2.78 million shares during the last quarter. In the end, Victory Capital Management, Inc. increased their position by 2.84% during the first quarter, now owning 2.74 million MAN shares, now holding the value of $189.53 million in MAN with the purchase of the additional 437,190 shares during the period of the last quarter. At the present, 98.70% of MAN shares are in the ownership of institutional investors.