Analysts expect Manchester United PLC (NYSE:MANU) to post ($0.12) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Manchester United’s earnings. Manchester United reported earnings of ($0.01) per share during the same quarter last year, which indicates a negative year-over-year growth rate of 1,100%. The company is expected to issue its next earnings results on Tuesday, September 24th.
According to Zacks, analysts expect that Manchester United will report full-year earnings of $0.25 per share for the current fiscal year, with EPS estimates ranging from $0.13 to $0.36. For the next financial year, analysts expect that the business will post earnings of $0.03 per share, with EPS estimates ranging from ($0.03) to $0.09. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Manchester United.
Several equities research analysts have recently weighed in on MANU shares. ValuEngine raised shares of Manchester United from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. Zacks Investment Research cut shares of Manchester United from a “buy” rating to a “hold” rating in a research report on Thursday, May 23rd. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Manchester United currently has an average rating of “Hold” and an average price target of $22.75.
Manchester United stock opened at $17.01 on Friday. The stock has a market cap of $701.80 million, a price-to-earnings ratio of 121.50, a price-to-earnings-growth ratio of 26.60 and a beta of 0.63. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.09 and a quick ratio of 1.08. Manchester United has a 1 year low of $16.91 and a 1 year high of $27.70. The firm has a 50-day moving average of $17.89 and a two-hundred day moving average of $18.87.
About Manchester United
Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. The company operates Manchester United Football Club, a professional football club. It develops marketing and sponsorship relationships with international and regional companies to leverage its brand.
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