In spite of Manchester United plc’s (NYSE:MANU) recent upswing, most analysts remain bearish.

The price of Manchester United plc (NYSE: MANU) closed at $19.18 in the last session, down -2.04% from day before closing price of $19.58. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 961449 shares were traded. MANU stock price reached its highest trading level at $19.64 during the session, while it also had its lowest trading level at $19.02.

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We take a closer look at MANU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 6.79 whereas as Long-Term Debt/Eq ratio is at 4.90.

Upgrades & Downgrades

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MANU now has a Market Capitalization of 3.81B and an Enterprise Value of 4.70B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.35 while its Price-to-Book (P/B) ratio in mrq is 22.83. Its current Enterprise Value per Revenue stands at 8.07 whereas that against EBITDA is 82.82.

Stock Price History:

Over the past 52 weeks, MANU has reached a high of $27.34, while it has fallen to a 52-week low of $10.41. The 50-Day Moving Average of the stock is 20.99, while the 200-Day Moving Average is calculated to be 18.58.

Shares Statistics:

According to the various share statistics, MANU traded on average about 1.87M shares per day over the past 3-months and 1.82M shares per day over the past 10 days. A total of 163.06M shares are outstanding, with a floating share count of 51.62M. Insiders hold about 5.42% of the company’s shares, while institutions hold 82.80% stake in the company. Shares short for MANU as of Apr 27, 2023 were 3.15M with a Short Ratio of 3.15M, compared to 3.1M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.94% and a Short% of Float of 11.21%.

Dividends & Splits

The forward annual dividend rate for MANU is 0.18, which was 0.08 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.42%, it implies a Forward Annual Dividend Yield of 0.96%. The stock’s 5-year Average Dividend Yield is 1.04.

Earnings Estimates

The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.05, while EPS last year was -$0.16. The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.09 and low estimates of -$0.09.

Analysts are recommending an EPS of between -$0.16 and -$0.55 for the fiscal current year, implying an average EPS of -$0.33. EPS for the following year is -$0.12, with 3 analysts recommending between $0 and -$0.26.

Revenue Estimates

According to 1 analysts, the current quarter’s revenue is expected to be $170.21M. It ranges from a high estimate of $170.21M to a low estimate of $170.21M. As of the current estimate, Manchester United plc’s year-ago sales were $178.74M, an estimated decrease of -4.80% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $189.4M, an increase of 34.60% over than the figure of -$4.80% in the same quarter last year. There is a high estimate of $189.4M for the next quarter, whereas the lowest estimate is $189.4M.

A total of 3 analysts have provided revenue estimates for MANU’s current fiscal year. The highest revenue estimate was $756.33M, while the lowest revenue estimate was $747.74M, resulting in an average revenue estimate of $753.05M. In the same quarter a year ago, actual revenue was $693.05M, up 8.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $856.1M in the next fiscal year. The high estimate is $880.94M and the low estimate is $834.83M. The average revenue growth estimate for next year is up 13.70% from the average revenue estimate for this year.