$0.11 EPS Expected for Manchester United PLC (MANU)

September 4, 2017 – By Ellis Scott

Investors sentiment increased to 1.64 in 2016 Q4. Its up 0.81, from 0.83 in 2016Q3. It is positive, as 5 investors sold Manchester United PLC shares while 9 reduced holdings. 11 funds opened positions while 12 raised stakes. 28.66 million shares or 0.79% more from 28.44 million shares in 2016Q3 were reported.
Kj Harrison Prtn Inc invested in 27,229 shares or 0.15% of the stock. New York-based Morgan Stanley has invested 0% in Manchester United PLC (NYSE:MANU). Moreover, Blackrock Institutional Tru Com Na has 0% invested in Manchester United PLC (NYSE:MANU). Goldman Sachs Gru holds 84,399 shares. Moreover, Connable Office Incorporated has 0.05% invested in Manchester United PLC (NYSE:MANU). 2,056 were reported by Tower Capital Limited Co (Trc). Lomas Mngmt reported 841,970 shares stake. Gabelli Funds Limited Com has invested 0% in Manchester United PLC (NYSE:MANU). Assetmark Inc stated it has 0% of its portfolio in Manchester United PLC (NYSE:MANU). State Street Corporation stated it has 0% of its portfolio in Manchester United PLC (NYSE:MANU). Chesapeake Asset Mngmt Limited Liability Co stated it has 26,940 shares. Roundview Cap Lc owns 45,025 shares. Da Davidson & has invested 0% in Manchester United PLC (NYSE:MANU). Citadel Advsr Lc reported 0% of its portfolio in Manchester United PLC (NYSE:MANU). Janus Capital Management Ltd Liability stated it has 1.18M shares.

Analysts await Manchester United PLC (NYSE:MANU) to report earnings on September, 11. They expect $0.11 earnings per share, up 57.14 % or $0.04 from last year’s $0.07 per share. MANU’s profit will be $18.01 million for 38.86 P/E if the $0.11 EPS becomes a reality. After $-0.05 actual earnings per share reported by Manchester United PLC for the previous quarter, Wall Street now forecasts -320.00 % EPS growth. The stock increased 3.64% or $0.6 on September 1, reaching $17.1. About shares traded. Manchester United PLC (NYSE:MANU) has risen 0.85% since September 4, 2016 and is uptrending. It has underperformed by 15.85% the S&P500.

Manchester United PLC (NYSE:MANU) Ratings Coverage

Among 5 analysts covering Manchester United Ltd. (NYSE:MANU), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Manchester United Ltd. has $25 highest and $19.0 lowest target. $21.14’s average target is 23.63% above currents $17.1 stock price. Manchester United Ltd. had 11 analyst reports since September 18, 2015 according to SRatingsIntel. The stock of Manchester United PLC (NYSE:MANU) has “Buy” rating given on Monday, October 17 by Gabelli. The company was maintained on Friday, September 18 by Jefferies. The stock has “Buy” rating by Jefferies on Tuesday, August 16. Jefferies maintained it with “Buy” rating and $1900 target in Monday, June 5 report. Credit Suisse maintained Manchester United PLC (NYSE:MANU) on Tuesday, March 15 with “Outperform” rating. The firm has “Buy” rating given on Monday, August 14 by Jefferies.

Manchester United plc is engaged in the operation of a professional football club together with related and ancillary activities. The company has market cap of $2.80 billion. The Company’s football activities 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 activities at the Aon Training Complex. It has a 155.6 P/E ratio. It operates in three sectors, including Commercial, Broadcasting and Matchday.

More notable recent Manchester United PLC (NYSE:MANU) news were published by: Theguardian.com which released: “Manchester United to pay Glazer family £18.3m dividend this year” on May 16, 2017, also Businesswire.com with their article: “Manchester United plc Announces Third Quarter 2017 Earnings Report Date” published on May 02, 2017, Businesswire.com published: “Manchester United plc 2017 Third Quarter Results” on May 16, 2017. More interesting news about Manchester United PLC (NYSE:MANU) were released by: Businesswire.com and their article: “Manchester United plc 2016 Fourth Quarter and Full Year Results” published on September 12, 2016 as well as Seekingalpha.com‘s news article titled: “Manchester United’s (MANU) Q2 2017 Results – Earnings Call Transcript” with publication date: February 09, 2017.