Manchester United (MANU) Scheduled to Post Quarterly Earnings on Tuesday
Manchester United (NYSE:MANU) will be posting its quarterly earnings results before the market opens on Tuesday, September 25th. Analysts expect Manchester United to post earnings of $0.01 per share for the quarter.
MANU stock opened at $24.50 on Tuesday. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.87 and a quick ratio of 0.87. Manchester United has a 12 month low of $16.05 and a 12 month high of $27.70. The company has a market capitalization of $1.03 billion, a PE ratio of 91.11, a PEG ratio of 9.35 and a beta of 0.67.
A number of equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Manchester United from a “buy” rating to a “hold” rating in a research report on Thursday, July 19th. Deutsche Bank lowered shares of Manchester United from a “buy” rating to a “hold” rating and cut their price objective for the company from $23.00 to $21.00 in a research report on Tuesday, May 22nd. Finally, Deutsche Bank lowered shares of Manchester United from a “buy” rating to a “hold” rating in a research report on Friday, May 25th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $22.00.
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 regional and international companies to leverage its brand.
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