Somewhat Positive News Coverage Somewhat Unlikely to Impact Manchester United (MANU) Share Price
Press coverage about Manchester United (NYSE:MANU) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Manchester United earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.4312861780502 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Gallery: United legends return for adidas footwear launch – Official … – ManUtd.com (manutd.com)
- Video: Reds trio back at The Cliff – ManUtd.com (blog) (manutd.com)
- Manchester United plc Announces First Quarter 2018 Earnings Report Date (finance.yahoo.com)
- [$$] Which is right: Manchester United rule – or rules? (finance.yahoo.com)
Several equities research analysts have recently issued reports on MANU shares. BidaskClub lowered Manchester United from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Zacks Investment Research lowered Manchester United from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 19th. Jefferies Group LLC reissued a “buy” rating and set a $19.00 price target on shares of Manchester United in a research note on Wednesday, August 16th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $20.00 price target (up from $19.00) on shares of Manchester United in a research note on Monday, September 25th.
Shares of Manchester United (NYSE:MANU) traded down $0.10 during trading hours on Friday, hitting $18.25. The stock had a trading volume of 33,562 shares, compared to its average volume of 24,884. Manchester United has a twelve month low of $14.10 and a twelve month high of $18.50. The stock has a market cap of $733.56, a P/E ratio of 67.59, a PEG ratio of 14.58 and a beta of 0.57. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.96 and a quick ratio of 0.96.
Manchester United (NYSE:MANU) last announced its quarterly earnings results on Thursday, September 21st. The company reported $0.14 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.02. Manchester United had a return on equity of 7.50% and a net margin of 6.74%. The business had revenue of $175.90 million for the quarter, compared to the consensus estimate of $160.47 million. During the same period last year, the business posted $0.05 EPS. The business’s revenue was up 30.8% compared to the same quarter last year. sell-side analysts forecast that Manchester United will post 0.05 EPS for the current fiscal year.
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Manchester United Company Profile
Manchester United plc is engaged in the operation of a professional football club together with related and ancillary activities. Its football operations primarily comprise various activities, such as its first team, reserve team, youth academy, global scouting networks and other operations, such as its sport science, medical and fitness operations at the Aon Training Complex.
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