ManpowerGroup

ManpowerGroup shares rose to a new 52-week high of $62.97, putting them near their yearly peak after a gain of 114% year-to-date and 128% over six months. In the second quarter the company beat expectations with adjusted earnings of $0.99 per share and revenue of $4.9 billion, driven by stronger demand, U.S. trends and initial benefits from AI and cost‑reduction measures. InvestingPro currently sees the stock as undervalued based on fair‑value calculations but notes an overbought RSI. UBS raised its price target to $55.00 and kept its rating at neutral. ManpowerGroup has paid dividends for 33 consecutive years. » Mere på de.investing.com

ManpowerGroup’s stock rose to a 52-week high of $57.14 and is currently trading at $57.37, representing a year-to-date gain of 90%. In the second quarter the company beat expectations with adjusted EPS of $0.99 (expectation $0.95) and revenue of $4.9 billion (expectation $4.73 billion). Growth drivers included rising demand, stronger trends in the US, early benefits from the use of AI, and cost-reduction measures. UBS raised its price target from $41 to $55 and cited accelerated organic growth (from 3% to 6%). » Mere på de.investing.com

ManpowerGroup reported Q2 revenue rose 8% to $4.86 billion, beating analysts' estimates of $4.72 billion. Adjusted earnings per share were $0.99 and also exceeded expectations. The company thus shows a successful turnaround and a clear turnaround in labor market growth. » Mere på finanzen.net