Manchester United Plc [MANU] stock is trading at $17.29, down -0.23%. An important factor to consider is whether the stock is rising or falling in short-term value. The MANU shares have gain 2.37% over the last week, with a monthly amount glided 21.25%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Manchester United Plc [NYSE: MANU] stock has seen the most recent analyst activity on December 17, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $23. Previously, Deutsche Bank downgraded its rating to Hold on December 09, 2022. On March 21, 2022, upgrade upgraded it’s rating to Buy but maintained its price target of $18 on the stock. Deutsche Bank downgraded its rating to a Hold. Gabelli & Co started tracking with a Buy rating for this stock on October 17, 2016, and assigned it a price target of $23.40. In a note dated June 03, 2015, Credit Suisse initiated an Outperform rating and provided a target price of $23 on this stock.
Manchester United Plc [MANU] stock has fluctuated between $12.05 and $18.42 over the past year. Currently, Wall Street analysts expect the stock to reach $17.95 within the next 12 months. Manchester United Plc [NYSE: MANU] shares were valued at $17.29 at the most recent close of the market. An investor can expect a potential return of 3.82% based on the average MANU price forecast.
Analyzing the MANU fundamentals
Manchester United Plc [NYSE:MANU] reported sales of 822.27M for the trailing twelve months, which represents a growth of 16.66%. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.8 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.76.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.14 points at the first support level, and at 17.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.51, and for the 2nd resistance point, it is at 17.74.
Ratios To Look Out For
For context, Manchester United Plc’s Current Ratio is 0.39. On the other hand, the Quick Ratio is 0.37, and the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 3.59, the price to book ratio is 11.58.
