A share price of Manchester United Plc [MANU] is currently trading at $18.99, up 9.33%%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MANU shares have gain 10.09% over the last week, with a monthly amount glided 30.61%, 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 experienced fluctuations in its stock price throughout the past year between $12.05 and $18.42. 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 $18.99 at the most recent close of the market. An investor can expect a potential drop of -5.48% based on the average MANU price forecast.
Analyzing the MANU fundamentals
Trailing Twelve Months sales for Manchester United Plc [NYSE:MANU] were 822.27M which represents 16.66% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.76.
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 17.80 points at the first support level, and at 16.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.67, and for the 2nd resistance point, it is at 20.35.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Manchester United Plc [NYSE:MANU] is 0.39. Further, the Quick Ratio stands at 0.37, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 3.94, the price to book ratio is 12.72.
