ManpowerGroup Inc. : Good timing to anticipate a continuation of the trend
Entry price | Target | Stop-loss | Potential |
---|
US$124.68 |
US$134 |
US$120.4 |
+7.48% |
---|
ManpowerGroup Inc. shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● Historically, the company has been releasing figures that are above expectations.
● The stock, which is currently worth 2017 to 0.41 times its sales, is clearly overvalued in comparison with peers.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 103.78 USD
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