Is It Worthwhile For Investors To Follow These Insider Trades On Manchester United plc (MANU)?

Manchester United plc (NYSE:MANU) finished Tuesday with a subtraction of -$2.68 to close at $16.94, a downside of -13.66 percent. An average of 929,860 shares of common stock have been traded in the last five days. There was a fall of -$2.69 in the past week. The last 20 days have seen an average of 509,940 shares traded, while the 50-day average volume stands at 489,266.

MANU stock has decreased by -1.40% in the last month. The company shares reached their 1-month lowest point of $16.57 on 10/06/21. With the stock rallying to its 52-week high on 09/27/21, shares of the company touched a low of $13.28 and a high of $20.86 in 52 weeks. In spite of this, the price is down -18.79% from the 52-week high.


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Valuation Metrics

Manchester United plc (MANU) has a trailing price-to-earnings (P/E) ratio of 19.30 for the broader industry and 19.94 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, Manchester United plc’s PE ratio has ranged between 273.99 and 48.32. The stock’s beta is 0.84. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.02, the price-to-book (PB) ratio at 7.46, and the price-to-cash flow ratio at 18.60.

Manchester United plc pays a $0.18 dividend per share annually. It offers a dividend yield of 1.06%. The company’s most recent quarterly dividend payment took place on Jul. 30, and it was $0.09 a share, without any change from last year. Its dividend has been increased for the last 5 consecutive years with the latest increase dividend $0.0450 reported on Friday November 18 2016.

Manchester United plc will next go ex-dividend on Ltd. The next dividend payment Manchester United plc will make is expected to be $12-Jan.

The quick ratio of Manchester United plc for the three months ended June 29 was 0.50, and the current ratio was 0.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.72 and a total debt to equity ratio of 1.96 for the quarter ending June 29. Manchester United plc’s EBITDA margin for the year ending June 29 is 19.41%, while its operating margin for the same period stands at -7.50%. Its gross profit as reported stood at $714.73 million compared to revenue of $665.03 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Manchester United plc’s return on assets was -7.00%, compared to -1.4% over the last five years. In the past year, the return on investment has been -3.40%, and the 5-year average is -0.6%. Meanwhile, the return on equity (ROE) for the past 12 months has been -26.40% and the 5-year average holds at -6.2%. For the broader industry, ROE averaged 4.77 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Manchester United plc had $1.11 million in cash. The analyst consensus anticipated Manchester United plc’s latest quarter earnings to come in at -$15 per share, but it turned out to be -$20.67, a -37.80% surprise. For the quarter, EBITDA amounted to -$17.13 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Manchester United plc (MANU) price momentum. RSI 9-day as of the close on 05 October was 31.00%, suggesting the stock is Neutral, with historical volatility in this time frame at 81.42%.

As of today, MANU’s price is $19.12 -13.70% or -$2.69 from its 5-day moving average. MANU is currently trading -1.11% lower than its 20-day SMA and +7.22% higher than its 100-day SMA. However, the stock’s current price level is +7.22% above the SMA50 and +2.67% above the SMA200.

The stochastic %K and %D were 46.33% and 60.24%, respectively, and the average true range (ATR) was 0.86. With the 14-day stochastic at 8.62% and the average true range at 0.75, the RSI (14) stands at 38.43%. The stock has reached -0.74 on the 9-day MACD Oscillator while the 14-day reading was at -0.34.

Analyst Ratings

The consensus rating for Manchester United plc (MANU) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell MANU, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is MANU’s price target for the next 12 months?

Analysts predict a range of price targets between $13.09 and $16.00, with a median target of $14.59. Taking a look at these predictions, the average price target given by analysts for Manchester United plc (MANU) stock is $14.56.

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