Mon, Jun. 27, 11:26 AM
- ManpowerGroup (MAN -11%), already having plunged to 52-week lows on Brexit related uncertainties, adds to losses as Avondale downgrades shares to Market Perform from Outperform with a $74 price target, dropped from $96.
- Avondale says the major markets served by MAN are unlikely to plunge into recession, but investors may have increasing concerns around “hiring sentiment in continental Europe and the U.K.,” which contributes roughly two-thirds of the company’s revenue.
- "While the stock carries relatively low valuation multiples, uncertainty about conditions in Europe and the UK have reduced our confidence in forecasting and valuation... Current valuation multiples are mired between expansion and recession levels,” the firm writes.
- MAN has shed 22% over the past two trading sessions.
Thu, Apr. 21, 2:09 PM
- ManpowerGroup (MAN -7.7%) trades lower after reporting Q1 results.
- Though results were solid on the bottom line, management warned on the uneven global environment that ManpowerGroup is having to navigate.
- The company expects Q2 EPS of $1.47 to $1.55 vs. $1.50 consensus.
- Shares of Manpower ran strong into the earnings release, but have given back most of those gains with today's dip.
- Now read the ManpowerGroup earnings call transcript
Oct. 2, 2015, 2:22 PM
- Staffing stocks trade lower after today's jobs report painted a weaker employment picture than anticipated.
- The biggest movers in the sector are Barrett Business Services (BBSI -4.3%), ManpowerGroup (MAN -3.4%), Kelly Services (KELYA -2.4%), and Robert Half International (RHI -2.4%).
- Previously: Staffing stocks on the radar after weak jobs data (Oct. 02 2015)
Apr. 21, 2015, 7:32 AM
- Manpower (NYSE:MAN): Q1 EPS of $0.83 beats by $0.04.
- Revenue of $4.54B (-7.3% Y/Y) beats by $70M.
- Shares +1.47% PM.
Mar. 5, 2015, 10:24 AM
- Select staffing stocks are lower after jobless claims came in at +7K to 320K
- Other movers include Resources Connection (NASDAQ:RECN) -1.3%, Monster Worldwide (NYSE:MWW) -1.2%, Dice Holdings (NYSE:DHX) -1.1%, Manpower (NYSE:MAN) -0.7%.
- Also in the sector, Cross Country Healthcare (NASDAQ:CCRN) is down 6.6% on heavy volume after reporting earnings yesterday.
Dec. 5, 2014, 10:32 AM
- Staffing stocks are higher after the U.S. economy adds 321K jobs in November.
- Gainers: Kelly Services (NASDAQ:KELYA) +4.4%, On Assignment (NYSE:ASGN) +1.6%, Robert Half International (NYSE:RHI) +1.3%, ManpowerGroup (NYSE:MAN) +2.1%, Barrett Business Services (NASDAQ:BBSI) +2.8%, TriNet Group Z(NYSE:TRI) +1.7%, Korn/Ferry International (NYSE:KFY) +1.3%, Hudson Global (NASDAQ:HSON) +1.4%.
Jul. 5, 2013, 10:16 AM
Apr. 19, 2013, 10:23 AM
Shares of Manpower (MAN +6.2%) are sharply higher after the company guides above analyst estimates for Q2 saying EPS will come in between $0.84-0.92 (the Street sees $0.77). CEO Jeffrey Joerres says Q1's results were the result of "slightly stronger than anticipated revenue and tax credits." The company's European operations were negatively impacted by weakness in France.| Apr. 19, 2013, 10:23 AM
Oct. 19, 2012, 12:45 PM
Oct. 19, 2012, 7:35 AMManpower (MAN): Q3 EPS of $0.79 beats by $0.11. Revenue of $5.2B (-11% Y/Y) beats by $90M. Shares +2.8% premarket. (PR) | Oct. 19, 2012, 7:35 AM
Jul. 23, 2012, 2:55 PM
BofA Merrill Lynch cuts its price target for Manpower (MAN -3.6%) to $45 from $54, primarily on a slowdown in Europe and assuming that macro headwinds "intensify." The firm says it likes the long-term risk/reward profile for the temp employment agency, which reported Q2 earnings Friday, but that investors should expect near-term volatility.| Jul. 23, 2012, 2:55 PM
Jun. 1, 2012, 11:04 AM
Apr. 20, 2012, 4:09 PM
ManpowerGroup (MAN +2.6%) finishes up after beating Q1 estimates earlier. Net profit rose 13% Y/Y on modest revenue gains and strength in its European operations, but adds that overall labor demand still remains weak in some key U.S. markets. The company reafirms Q2 expectations in-line with Street estimates.| Apr. 20, 2012, 4:09 PM
Mar. 8, 2012, 11:10 AMA number of select employment-related stocks are running hot after the rise in jobless claims doesn't alter the general perception that the labor market is trending positive. Also in the mix, M&A speculation stirred up last week on word that Monster Worldwide was exploring strategic alternative and more chatter this week that LinkedIn could be taking a look. Gainers: LNKD +5.5%, MWW +3.8%, KELYA +3.1%, MAN +2.8%, DHX +5.1%. | Mar. 8, 2012, 11:10 AM | 3 Comments
Mar. 1, 2012, 1:22 PM
Nov. 30, 2011, 10:13 AMFollowing a familiar pattern, staffing company stocks ratchet higher following a positive jobs report. Part-time hiring by companies is viewed by analysts as a likely scenario for many companies who want to stay flexible in the face of economic uncertainty. Gainers: KELYA +5.4%, MAN +7.5%, KFRC +7.2%, RHI +5.7%. | Nov. 30, 2011, 10:13 AM