Core Viewpoint - Analysts' price targets may mislead investors more often than guide them, and relying solely on these targets can be detrimental to investment decisions [1][2][11] Group 1: Price Target Analysis - A tight clustering of price targets, indicated by a low standard deviation, suggests strong agreement among analysts regarding a stock's price movement direction and magnitude [3] - The average price targets for Manchester United (MANU) range from $16.90 to $26, with a standard deviation of $4.64, indicating variability in estimates [5] - The mean price target of $21.97 for MANU suggests a potential upside of 28% from its current price of $17.17 [9] Group 2: Earnings Estimates and Analyst Sentiment - Analysts' optimism regarding MANU's earnings prospects is reflected in the upward revisions of EPS estimates, which correlate strongly with near-term stock price movements [4][10] - The Zacks Rank for MANU is 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [5] - Over the last 30 days, two earnings estimates for MANU have increased, leading to a 26.5% rise in the Zacks Consensus Estimate [12] Group 3: Caution on Price Targets - While analysts possess deep knowledge of a company's fundamentals, they often set overly optimistic price targets, which should be approached with skepticism [11] - The direction implied by consensus price targets may serve as a better guide for potential price movement than the targets themselves [13]

Manchester United (NYSE: MANU ) reached $18.12 in November and has steadily risen since the $13.5 low struck in March. The appointment of a new manager breathed new life into the stock and was perhapsMy approach is long-term and I focus on investing in macro ideas through low risk ETFs and CEFs. I have traded stocks and currencies for nearly ten years and currently run a family fund with my partner and fellow SA contributor Andrew McElroy. I also invest in real estate and am a freelance writer and contribut ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end November, consider joining Out Fox The Street .Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and dir ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [2][3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Viewpoint - Manchester United reported break-even quarterly earnings per share, surprising analysts who expected a loss of $0.29, marking a significant improvement from a loss of $0.07 per share a year ago [1][2] Financial Performance - The company posted revenues of $186.09 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 4.32%, and down from $198.91 million year-over-year [2] - Over the last four quarters, Manchester United has surpassed consensus EPS estimates three times [2] Stock Performance - Manchester United shares have declined approximately 15.6% since the beginning of the year, contrasting with the S&P 500's gain of 25.5% [3] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.11 on revenues of $280.36 million, while for the current fiscal year, the estimate is -$0.74 on revenues of $868.89 million [7] - The outlook for the Leisure and Recreation Services industry, where Manchester United operates, is currently in the top 8% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]

CORPORATE RELEASE 26 November 2024 Manchester United PLC Reports First Quarter Fiscal 2025 Results Key Points MANCHESTER, England – 26 November 2024 – 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. W ...

Sporting Head Coach Ruben Amorim prior to the match between Sporting CP and CD Nacional at Estádio José Alvalade on October 29, 2024 in Lisbon, Portugal. English soccer giants Manchester United on Friday confirmed the appointment of Ruben Amorim as their new manager, shortly after sacking Erik ten Hag. In a statement on the club's website, Manchester United said they were "delighted" to welcome the 39-year-old Portuguese manager as head coach, subject to visa requirements. Amorim is expected to take charge ...

Financial Performance - Total revenue for the fiscal year ended June 30, 2024, was £661.8 million, representing an increase from £648.4 million in 2023 and £583.2 million in 2022[182]. - Total revenue for the year ended June 30, 2024, was £302.9 million, with commercial revenue being a significant contributor[311]. - Total operating expenses increased by £87.4 million, or 12.8%, to £768.5 million, with employee benefit expenses rising by £33.3 million, or 10.0%[337][338]. - Net cash inflow from operating activities was £85.7 million for the year ended June 30, 2024, a decrease of £10.1 million compared to £95.8 million for the year ended June 30, 2023[363]. - Net cash outflow from investing activities for the year ended June 30, 2024, was £171.2 million, an increase of £31.0 million from £140.2 million for the year ended June 30, 2023[365]. - Net cash inflow from financing activities for the year ended June 30, 2024, was £87.5 million compared to a net cash outflow of £1.9 million for the year ended June 30, 2023[367]. - The company believes it has sufficient working capital for its present requirements for at least the next 12 months[358]. Revenue Breakdown - Sponsorship revenue for the year ended June 30, 2024, was £177.8 million, compared to £189.5 million in 2023 and £147.9 million in 2022, indicating a decrease in 2024[178]. - Retail, merchandising, apparel, and product licensing revenue reached £125.1 million for the year ended June 30, 2024, up from £113.4 million in 2023 and £109.9 million in 2022[179]. - Broadcasting revenue was £221.8 million for the year ended June 30, 2024, an increase from £209.1 million in 2023 and £214.9 million in 2022[181]. - Matchday revenue for the year ended June 30, 2024, was £137.1 million, slightly up from £136.4 million in 2023 and significantly higher than £110.5 million in 2022[182]. - Sponsorship revenue for the year ended June 30, 2024, reached £118.2 million from global, regional, and other sponsors, excluding revenue from the agreement with adidas[240]. Sponsorship and Partnerships - The partnership with adidas has been extended until June 30, 2035, focusing on global technical sponsorship and dual-branded licensing rights[190]. - The minimum guarantee from the extended adidas agreement totals £1.65 billion, with £750 million from the original term and an additional £900 million from the extension[246]. - The club's sponsorship strategy includes targeting potential sponsors with the financial resources to support integrated marketing relationships[231]. - Sponsorship agreements provide various rights, including exposure on the club's digital platforms and merchandise[230]. Digital and E-commerce Initiatives - A new e-commerce platform in partnership with SCAYLE is set to launch later this year, enhancing the direct-to-consumer experience for fans[191]. - The partnership with SCAYLE, announced in September 2024, aims to enhance the club's e-commerce capabilities and deliver a top-tier direct-to-consumer experience[252]. - The club's e-commerce sales saw record-breaking launches, with day one sales of the 2023/24 home kit hitting unprecedented numbers, and the highest sales recorded during Black Friday and the Christmas period[251]. Fan Engagement and Community - The CRM database holds approximately 63.3 million records as of June 30, 2024, providing insights into customer engagement[175]. - Total social connections increased to 261.1 million as of June 30, 2024, representing an 8.4% increase from 240.9 million in 2023[176]. - The club generated over 11 million engagements and 234 million impressions through various equality, diversity, and inclusion campaigns[292]. - Manchester United has a community of 1.1 billion fans and followers, positioning the club for continued growth in the global sports market[199]. Operational Developments - The management team has undergone significant changes in 2024, with new appointments aimed at enhancing football and commercial strategies[188]. - The club continues to invest in facilities and fan experience initiatives, including a stadium-wide Wi-Fi network launched ahead of the 2023/24 season[188]. - The men's first team building at Carrington is set to undergo refurbishment to create a world-class football facility, with work expected in fiscal year 2025[228]. - The club has invested in a new high-performance training base for the women's and academy teams, featuring advanced facilities[228]. Broadcasting and Media Rights - The international broadcasting rights for the Premier League saw a 28% uplift compared to the previous cycle, with international rights equaling domestic rights for the first time[196]. - The total value of the new domestic broadcasting rights deal for 2025/26 to 2028/29 is £6.7 billion, representing a 4% increase in live rights value[197]. - The UEFA club competitions' new media rights agreement for the 2024/25 season is worth €4.4 billion, a 26% increase from the previous agreement[197]. - The Premier League broadcasting revenue is shared among clubs based on league position and live television appearances, with international broadcasting rights fixed at the previous cycle's equal share adjusted for inflation[253]. Youth and Women's Teams - The women's team finished 5th in the 2023/24 season and won the Women's FA Cup, defeating Tottenham Hotspur 4-0 in the final[222]. - The youth academy has included a homegrown player in every matchday squad for the last 85 years, emphasizing the development of talent[225]. - The women's team aims to develop a competitive squad capable of excelling both domestically and in Europe, supported by high-quality recruits[222]. Environmental and Social Responsibility - Manchester United achieved the Carbon Trust Standard, recognizing its commitment to measuring and managing environmental impacts[295]. - The club's ED&I strategy aims to meet specific diversity goals for gender, race, disability, and LGBTQ+ representation, aligning with UEFA sustainability goals[290].

When it comes to earning profits, this sports stock just can't find a way to win. British soccer (er, football) club stock Manchester United (MANU -5.12%) sold off by 7.9% through 10:45 a.m. ET Wednesday after reporting massive losses in the final quarter of its fiscal 2024 this morning. In total, revenues for Q4 fell 15% to 142.2 million GBP ($185 million), leading to staggering losses on the bottom line. Manchester United Q4 earnings -- and by earnings we mean losses How bad was the news? Q4 net losses su ...

Key TakeawaysManchester United shares fell Wednesday morning after the soccer giant reported a larger loss than expected for its fiscal 2024 fourth quarter.The team said it expects its restructuring efforts to create at least 40 million pounds ($52 million) in savings by the end of fiscal 2026.Broadcasting revenue is also expected to be take a 30-million-pound ($39 million) hit in fiscal 2025, as the club missed out on this season's lucrative UEFA Champions League competition. Manchester United (MANU) share ...