ManpowerGroup Inc. (MAN) experienced a significant price increase of $1.47, reaching $31.42 with a 4.89% rise from the previous close at $29.95. Trading volume stood at $223,407, reflecting a 15.4% increase compared to the average. The asset showed notable positive movement and trading activity.
In the latest quarterly earnings report on Wednesday, April 15th, MAN surpassed consensus estimates with earnings per share (EPS) of 0.5. The company displayed robust performance in its earnings, indicating positive growth potential.
MAN offers an attractive forward dividend yield of 9.17%, with a dividend per share MRQ of 72 cents. Despite a year-over-year decrease in dividend per share, the company maintains a substantial dividend payout to shareholders.
The cash flow statement reveals a net change in cash of -$646.1 million, primarily driven by debt repayment of $508.2 million. Operating cash flow was -$126.3 million, while capital expenditure stood at -$9 million.
MAN reported revenue of $4.51 billion and a gross profit of $723 million. Operating income reached $28.3 million, resulting in a net income of $2.5 million. Earnings per share (EPS) and EPS diluted were 5 cents each, reflecting the company's profitability.
Key financial ratios indicate MAN's performance, with a gross profit margin of 16.03% and a return on equity of 0.12. The price-to-earnings ratio is 137.58, showing the market's valuation of the company's earnings.
The balance sheet showcases total assets of $8.39 billion, with total liabilities at $6.33 billion. MAN maintains a strong financial position with substantial cash and cash equivalents of $224.9 million.
This comprehensive analysis indicates MAN's positive performance, marked by price growth, strong earnings, and sound financial metrics.
ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives. In addition, the company provides workforce consulting services; contingent staffing and permanent recruitment services; professional resourcing and project-based solutions in information technology, engineering, and finance fields; solutions in the areas of organizational efficiency, individual development, and career mobility; and recruitment process outsourcing, TAPFIN managed, and talent based outsourcing services, as well as Proservia services in the areas of digital services market and IT infrastructure sector. It operates through a network of approximately 2,200 offices in 75 countries and territories. The company was incorporated in 1948 and is based in Milwaukee, Wisconsin.