Manchester United Plc (NYSE:MANU) has been granted a ‘buy' rating by UBS analysts on confidence the football club will rise to the top ranks of English and European football once more. UBS highlighted Man U's “superior revenue base” in a note, adding the club should eventually compete for the top spots the the Premier League and Champions League.
Manchester United stock has risen since March, driven by leadership changes and the appointment of new manager Ruben Amorim. Despite the improved sentiment, financial performance remains sluggish with limited revenue growth and ongoing losses, posing challenges for a sustained stock rally. The club aims to boost revenues by increasing ticket prices and cutting costs, but success on the field is...
Manchester United trades at a significant discount to its predicted value, despite being one of the world's premier sports franchises. The club's current market valuation is around $3 billion, far below the $6.6 billion valuation estimate by Forbes. The business forecasts FY25 revenues at $837 million, while the stock trades at only ~15x profit, indicating a substantial undervaluation.
This week's top analyst calls feature a diverse range of insights across multiple sectors. Jefferies analysts described Manchester United's first earnings report of the new English Premier League season as "mixed.
Manchester United, which reported fiscal first-quarter results Tuesday, remains in the early stages of its turnaround, according to analyst firm Jefferies.
The first Manchester United Plc (NYSE:MANU) earnings report of the new EPL season was "mixed" but had more to like than dislike for analysts at Jefferies. Results for the three months to 30 September saw total revenue fall 9% year on year and adjusted profit (EBITDA) up 2%, respectively ahead of and below the broker's estimates.
Manchester United Plc (NYSE:MANU) shares fell 1.7% after the US-owned football club reported a loss-making quarter due to lower revenues but kept full-year guidance unchanged. For the first quarter of its new fiscal year, the northwest-England entertainment company's revenue totalled £143.1 million, down 8.9% from a year earlier as matchday takings and broadcasting revenues were lower due to th...
MANCHESTER, England--(BUSINESS WIRE)--Manchester United (NYSE: MANU; the “Company” and the “Group”) today announced financial results for the 2025 fiscal first quarter ended 30 September 2024. Management Commentary Omar Berrada, Chief Executive Officer, commented, “The season is now well underway for both our men's and women's team, and we are keen to ensure both are as competitive as possible....
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