Earnings results for Manchester United (NYSE:MANU)
Manchester United Ltd. is estimated to report earnings on 09/22/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.24. The reported EPS for the same quarter last year was $-0.16.
Analyst Opinion on Manchester United (NYSE:MANU)
2 Wall Street analysts have issued ratings and price targets for Manchester United in the last 12 months. Their average twelve-month price target is $19.00, predicting that the stock has a possible upside of 24.51%. The high price target for MANU is $20.00 and the low price target for MANU is $18.00. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of “Buy.”
Manchester United has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $19.00, Manchester United has a forecasted upside of 24.5% from its current price of $15.26. Manchester United has received no research coverage in the past 90 days.
Dividend Strength: Manchester United (NYSE:MANU)
Manchester United has a dividend yield of 1.15%, which is in the bottom 25% of all stocks that pay dividends. Manchester United has only been increasing its dividend for 1 years. The dividend payout ratio of Manchester United is 56.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Insiders buying/selling: Manchester United (NYSE:MANU)
In the past three months, Manchester United insiders have not sold or bought any company stock. 82.22% of the stock of Manchester United is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Manchester United (NYSE:MANU
Earnings for Manchester United are expected to decrease in the coming year, from ($0.07) to ($0.46) per share. The P/E ratio of Manchester United is -217.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Manchester United is -217.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Manchester United has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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