Manpower Inc
MAN:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 35.78 | 0.71 2.02% | 2.28% | 487,704 |
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Latest News Headlines for Manpower Inc
Shares of Manpower Under Pressure, Down 3.6%
One of today's stocks on the move is Manpower (NYSE:MAN), down 3.6% to $35.12. The S&P; is trading lower by 1.1% to 1,252 and the Dow is trading 1.1% lower to 12,170.
Manpower has overhead space with shares priced $35.12, or 38.8% below the average consensus analyst price target of $57.40. The stock should run into initial resistance at its 50-day moving average (MA) of $38.01 and subsequent resistance at its 200-day MA of $48.10.
Analyst Rating Flashback: Manpower Up 4.5% Since Downgraded 7 Days Ago (MAN)
Manpower was downgraded from Buy to Neutral by BofA/Merrill one week ago. The stock closed at $36.61, which is 4.5% higher than the price one week ago ($35.04).
Manpower share prices have moved between a 52-week high of $69.67 and a 52-week low of $31.81 and are now trading 14% above that low price at $36.32 per share. Over the past week, the 200-day moving average (MA) has gone down 1.5% while the 50-day MA has declined 1%.
Manpower (MAN) Trading Near $34.55 Support Level
View more recent headlinesManpower Inc. (NYSE: MAN) closed Thursday's trading session at $36.15. In the past year, the stock has hit a 52-week low of $31.81 and 52-week high of $69.67. Manpower (MAN) stock has been showing support around $34.55 and resistance in the $37.11 range. Technical indicators for the stock are Bearish and S&P; gives Manpower (MAN) a neutral 3 STARS (out of 5) hold rating. For a hedged play on Manpower (MAN), look at the Mar '12 $35.00 covered call for a net debit in the $32.65 area. That is also the break-even stock price for this trade. This covered call has a duration of 85 days, provides 9.68% downside protection and an assigned return rate of 7.20% for an annualized return rate of 30.91% (for comparison purposes only). Manpower (MAN) has a current annual dividend yield of 2.31%.
Company Background
ManpowerGroup, formerly Manpower Inc., is a workforce solutions and services provider. The Company's global network of nearly 3,900 offices in 82 countries and territories allows the Company to meet the needs of its clients in all industry segments. The Company's operating segments include Americas, France, EMEA, Asia Pacific and Risk Management. The Company provides a suite of workforce solutions and services for the entire business cycle, including recruitment and assessment, training and development, career management, outsourcing and workforce consulting. Its portfolio of recruitment services includes permanent, temporary and contract recruitment of professionals, as well as administrative and industrial positions. In 2010, the Company connected 3.5 million people to opportunities and purpose, who worked to help its more than 400,000 clients meet their business objectives. On April 5, 2010, the Company acquired COMSYS IT Partners, Inc. (COMSYS)
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 35.30 | Previous Close 35.07 |
Day High 35.83 | Day Low 35.19 |
52wk High/Date 69.67 / 2/7/2011 | 52wk Low/Date 31.81 / 9/22/2011 |
Beta 1.8 | Market Capitalization 2.9B |
Shares Outstanding 81.6M | Volatility Avg 43.19 |
Avg Vol(10 day) 711.1K | P/E Ratio NM |
EPS(TTM) -2.03 | Yield 2.28% |
Dividend Announcement 11/3/2011 | Ex-Date 12/1/2011 |
Payable 0.40 - SEMI | Payable Date 12/15/2011 |
Date of Record 12/5/2011 | |
Last Trade as of 12/29/2011 4:02 PM ET | |
MAN Manpower Inc vs. Peers
| Peers | |
|---|---|
MAN Manpower Inc | -44.12% |
Kelly Services, Inc. | -28.83% |
Towers Watson & Co | 12.74% |
DDi Corp. | -21.26% |
Robert Half International Inc. | -9.28% |
MAN Manpower Inc | 2.24% |
Kelly Services, Inc. | 1.49% |
Towers Watson & Co | 0.68% |
DDi Corp. | 5.18% |
Robert Half International Inc. | 2.02% |
MAN Manpower Inc | 2.02% |
Kelly Services, Inc. | 2.99% |
Towers Watson & Co | 2.35% |
DDi Corp. | 0.11% |
Robert Half International Inc. | 2.09% |