MAN Stock Summary and Trading Ideas (Manpowergroup | NYSE:MAN)

ManpowerGroup Inc. is engaged in providing workforce solutions and services. The company provides services that includes Recruitment and Assessment, Upskilling, Reskilling, Training and Development, Career Management, Outsourcing, and Workforce Consulting. The reportable segments of the company are Staffing and Interim, Outcome-Based Solutions and Consulting, Permanent Recruitment, and Others. The Staffing and Interim segment derives maximum of the company's revenue. The company derives maximum geographical revenue from Southern European region.

Manpowergroup trades on the NYSE stock market under the symbol MAN.

As of April 18, 2024, MAN stock price climbed to $74.03 with 1,311,760 million shares trading.

MAN has a beta of 1.14, meaning it tends to be more sensitive to market movements. MAN has a correlation of 0.32 to the broad based SPY ETF.

MAN has a market cap of $3.57 billion. This is considered a Mid Cap stock.

Last quarter Manpowergroup reported $5 billion in Revenue and $1.45 earnings per share. This beat revenue expectation by $71 million and exceeded earnings estimates by $.25.

In the last 3 years, MAN stock traded as high as $125.07 and as low as $64.00.

The top ETF exchange traded funds that MAN belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

MAN has underperformed the market in the last year with a return of -4.5%, while the SPY ETF gained +22.3%. In the last 3 month period, MAN fell short of the market, returning -2.4%, while SPY returned +6.1%. However, in the most recent 2 weeks MAN has outperformed the stock market by returning +0.1%, while SPY returned -3.8%.

MAN support price is $68.86 and resistance is $71.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MAN stock will trade within this expected range on the day.