Here's Why You Should Bet On ManpowerGroup (MAN) Stock Now
Zacks Investment Research | Jul 04, 2017 08:28AM ET
Since Nov 8, 2016, the Staffing industry has seen a healthy rise of 42.8% to date, while the S&P 500 gained 13%, primarily driven by the proposed pro-growth policies of President Donald Trump.
Trump’s policies are likely to be beneficial to ManpowerGroup (NYSE:MAN) as more hiring is in the cards. The company also expects to experience income growth across all its segments.
Sales/Assets Ratio
Currently, the company has a S/TA ratio of 2.58 which means that it gets $2.58 in sales for each dollar in assets. Comparing this to the industry average ratio of 2.44, we can say that ManpowerGroup is a bit more efficient than the industry at large.
P/S Ratio
Another key metric is the Price/Sales ratio. This approach compares a given stock’s price to its total sales, where a lower reading is generally considered better. Right now, ManpowerGroup has a P/S ratio of about 0.37. This is a bit lower than the industry average of 0.51.
Earnings Estimate Revisions
Analysts have been raising their estimates for ManpowerGroup lately, and now the earnings picture is looking favorable for the company.
The company has outperformed the Zacks categorized Zacks Investment Research
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