Manchester United (NYSE:MANU - Get Free Report)'s stock had its "sell (d-)" rating reissued by stock analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.
Manchester United Trading Up 1.1%
NYSE MANU opened at $15.38 on Wednesday. The company has a fifty day simple moving average of $16.53 and a two-hundred day simple moving average of $15.76. The stock has a market cap of $2.65 billion, a P/E ratio of -61.52 and a beta of 0.64. Manchester United has a 12-month low of $12.05 and a 12-month high of $19.65. The company has a current ratio of 0.38, a quick ratio of 0.36 and a debt-to-equity ratio of 2.44.
Manchester United (NYSE:MANU - Get Free Report) last posted its quarterly earnings results on Wednesday, September 17th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.06) by $0.02. The business had revenue of $219.20 million during the quarter, compared to analysts' expectations of $166.63 million. Manchester United had a negative net margin of 4.92% and a negative return on equity of 9.58%. Manchester United has set its FY 2026 guidance at EPS. On average, analysts forecast that Manchester United will post -0.74 earnings per share for the current year.
Hedge Funds Weigh In On Manchester United
Institutional investors and hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new position in shares of Manchester United in the 2nd quarter valued at about $29,000. Quantbot Technologies LP lifted its holdings in shares of Manchester United by 105.3% in the 2nd quarter. Quantbot Technologies LP now owns 6,380 shares of the company's stock valued at $114,000 after buying an additional 3,273 shares during the period. Simon Quick Advisors LLC acquired a new position in shares of Manchester United in the 1st quarter valued at about $137,000. Entropy Technologies LP acquired a new position in shares of Manchester United in the 1st quarter valued at about $142,000. Finally, Orion Porfolio Solutions LLC acquired a new position in shares of Manchester United in the 2nd quarter valued at about $179,000. Institutional investors and hedge funds own 23.34% of the company's stock.
Manchester United Company Profile
(
Get Free Report)
Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. It operates Manchester United Football Club, a professional football club. The company develops marketing and sponsorship relationships with international and regional companies to leverage its brand.
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