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Manchester United (MANU) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-06-11 17:00
Core Viewpoint - Manchester United (MANU) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which are a significant factor influencing stock prices [1][3]. Earnings Estimates and Ratings - The Zacks rating system is solely based on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade for Manchester United reflects an improvement in its earnings outlook, which is expected to positively impact its stock price [3][5]. Impact of Earnings Estimate Revisions - There is a strong correlation between changes in earnings estimates and near-term stock price movements, making the Zacks rating system valuable for investors [4][6]. - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. Specifics on Manchester United - For the fiscal year ending June 2025, Manchester United is expected to earn -$0.38 per share, unchanged from the previous year, but analysts have raised their estimates by 48.6% over the past three months [8]. - The upgrade to Zacks Rank 1 places Manchester United in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Does Manchester United (MANU) Have the Potential to Rally 29.16% as Wall Street Analysts Expect?
ZACKS· 2025-06-11 15:00
Group 1 - Manchester United (MANU) closed at $17.01, with an 18% gain over the past four weeks, and a mean price target of $21.97 suggests a 29.2% upside potential [1] - The mean estimate includes three short-term price targets with a standard deviation of $4.64, indicating variability among analysts; the lowest estimate is $16.90 (0.7% decline), while the highest is $26 (52.9% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, with a 48.7% increase in the Zacks Consensus Estimate for the current year, indicating potential upside for the stock [12][11] Group 2 - The Zacks Rank for MANU is 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential for near-term upside [13] - While price targets are often viewed as a metric for investment decisions, they can mislead investors; analysts may set overly optimistic targets due to business incentives [7][8] - A low standard deviation in price targets indicates a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9]
