Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Manchester United (MANU) Share Price
Headlines about Manchester United (NYSE:MANU) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Manchester United earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news articles about the company an impact score of 44.8528563641773 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- Manchester United Ltd. Class A (NYSE:MANU) Trading Volume Significantly Higher – First News 24 (firstnewspaper24.com)
- Manchester United injuries are chance to trust others, says Jose Mourinho (gulfnews.com)
- Ibrahimovic must not rush Manchester United return – surgeon (reuters.com)
- Manchester United star Romelu Lukaku struggling with ankle injury (sportingnews.com)
- Manchester United get Antoine Griezmann boost and more transfer rumours (manchestereveningnews.co.uk)
Manchester United (NYSE MANU) traded down 0.55% during midday trading on Thursday, hitting $18.10. The stock had a trading volume of 30,659 shares. The company has a market capitalization of $2.97 billion, a PE ratio of 57.64 and a beta of 0.57. The company’s 50-day moving average price is $16.99 and its 200 day moving average price is $16.73. Manchester United has a 52 week low of $14.10 and a 52 week high of $18.35.
Manchester United (NYSE:MANU) last announced its earnings results on Thursday, September 21st. The company reported $0.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.02. The business had revenue of $175.90 million during the quarter, compared to analyst estimates of $160.47 million. Manchester United had a return on equity of 7.50% and a net margin of 6.74%. Manchester United’s revenue for the quarter was up 30.8% compared to the same quarter last year. During the same period last year, the company earned $0.05 EPS. On average, analysts expect that Manchester United will post $4.44 EPS for the current year.
A number of research firms have recently weighed in on MANU. Zacks Investment Research downgraded Manchester United from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 27th. Deutsche Bank AG restated a “buy” rating and set a $20.00 target price (up previously from $19.00) on shares of Manchester United in a research report on Monday, September 25th. BidaskClub upgraded Manchester United from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. Finally, Jefferies Group LLC restated a “buy” rating and set a $21.00 target price (up previously from $19.00) on shares of Manchester United in a research report on Thursday, September 21st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $21.47.
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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