Most analysts love Manchester United, which has an average rating of buy. But there's reason to believe the stock may be overvalued at today's price of $18.97 per share. Let's look at the fundamentals ourselves and see if we reach a different conclusion than the analyst community. Manchester United has a P/E ratio of -21.3 based on its 12 month trailing earnings per share of $-0.89. Considering its future earnings estimates of $-0.12 per share, the stock's forward P/E ratio is -158.1. In...
Saturday, May 27