ManpowerGroup Reaches New 52-Week High (MAN)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- ManpowerGroup (NYSE: MAN) hit a new 52-week high Friday as it is currently trading at $56.69, above its previous 52-week high of $56.68 with 157,654 shares traded as of 12:46 p.m. ET. Average volume has been 781,900 shares over the past 30 days.

ManpowerGroup has a market cap of $4.26 billion and is part of the services sector and diversified services industry. Shares are up 31.6% year to date as of the close of trading on Thursday.

ManpowerGroup Inc. provides workforce solutions and services. The company has a P/E ratio of 22.4, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates ManpowerGroup as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full ManpowerGroup Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

Automation Threatens Some Staffing Agencies According to Credit Suisse

20 Mid-Cap Dividend Growers Are Blips on My Tracking Radar

The Art of Setting Price Targets

Taking Points - or Profits - Off the Board