Analysts expect that ManpowerGroup (NYSE:MAN) will report earnings per share (EPS) of $1.65 for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for ManpowerGroup’s earnings. The lowest EPS estimate is $1.63 and the highest is $1.68. ManpowerGroup posted earnings of $1.09 per share in the same quarter last year, which would suggest a positive year over year growth rate of 51.4%. The firm is expected to issue its next quarterly earnings results before the market opens on Friday, April 20th.
According to Zacks, analysts expect that ManpowerGroup will report full-year earnings of $8.96 per share for the current fiscal year, with EPS estimates ranging from $8.15 to $9.42. For the next financial year, analysts expect that the company will post earnings of $9.12 per share, with EPS estimates ranging from $8.75 to $9.62. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow ManpowerGroup.
ManpowerGroup (NYSE:MAN) last posted its quarterly earnings data on Friday, February 2nd. The business services provider reported $2.12 EPS for the quarter, topping the Zacks’ consensus estimate of $2.05 by $0.07. ManpowerGroup had a return on equity of 17.86% and a net margin of 2.59%. The firm had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same quarter last year, the company earned $1.87 EPS. The company’s revenue was up 13.7% on a year-over-year basis.
ManpowerGroup stock traded down $0.31 during mid-day trading on Thursday, reaching $116.79. 93,303 shares of the company were exchanged, compared to its average volume of 489,235. ManpowerGroup has a 12 month low of $97.88 and a 12 month high of $136.93. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market cap of $7,678.70, a PE ratio of 16.63 and a beta of 1.34.
In other news, COO Darryl Green sold 10,000 shares of ManpowerGroup stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $117.26, for a total value of $1,172,600.00. Following the transaction, the chief operating officer now owns 21,233 shares in the company, valued at approximately $2,489,781.58. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Mara E. Swan sold 7,127 shares of ManpowerGroup stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $118.84, for a total value of $846,972.68. Following the completion of the transaction, the executive vice president now owns 27,986 shares in the company, valued at approximately $3,325,856.24. The disclosure for this sale can be found here. In the last quarter, insiders sold 57,547 shares of company stock worth $6,842,051. Corporate insiders own 1.02% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of the company. Xact Kapitalforvaltning AB increased its stake in shares of ManpowerGroup by 3.2% in the 4th quarter. Xact Kapitalforvaltning AB now owns 24,505 shares of the business services provider’s stock valued at $3,090,000 after purchasing an additional 767 shares during the last quarter. Handelsbanken Fonder AB bought a new stake in ManpowerGroup during the 4th quarter worth $290,000. William Blair Investment Management LLC grew its position in ManpowerGroup by 8.4% during the 4th quarter. William Blair Investment Management LLC now owns 7,806 shares of the business services provider’s stock worth $984,000 after acquiring an additional 605 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. grew its position in ManpowerGroup by 35.9% during the 4th quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 5,300 shares of the business services provider’s stock worth $668,000 after acquiring an additional 1,400 shares during the last quarter. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp grew its position in ManpowerGroup by 132.6% during the 4th quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 41,568 shares of the business services provider’s stock worth $5,242,000 after acquiring an additional 23,700 shares during the last quarter. Institutional investors own 94.31% of the company’s stock.
ManpowerGroup Company Profile
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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