Manhattan Associates (NASDAQ:MANH) will release its earnings data after the market closes on Tuesday, April 23rd. Analysts expect Manhattan Associates to post earnings of $0.27 per share for the quarter. Manhattan Associates has set its FY 2019 guidance at $1.38-1.42 EPS and its FY19 guidance at $1.38-1.42 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
Manhattan Associates (NASDAQ:MANH) last released its earnings results on Tuesday, February 5th. The software maker reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.09. The company had revenue of $144.37 million during the quarter, compared to the consensus estimate of $139.19 million. Manhattan Associates had a return on equity of 74.34% and a net margin of 18.72%. Manhattan Associates’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 EPS. On average, analysts expect Manhattan Associates to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NASDAQ MANH opened at $57.30 on Monday. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 36.27 and a beta of 1.49. Manhattan Associates has a 1-year low of $39.01 and a 1-year high of $62.39.
In other news, SVP Robert G. Howell sold 2,750 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $54.00, for a total transaction of $148,500.00. Following the completion of the transaction, the senior vice president now directly owns 155,697 shares of the company’s stock, valued at $8,407,638. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John J. Huntz, Jr. sold 2,106 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $53.76, for a total value of $113,218.56. Following the transaction, the director now directly owns 70,530 shares of the company’s stock, valued at $3,791,692.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,310 shares of company stock valued at $562,834. Corporate insiders own 0.68% of the company’s stock.
Several research firms have weighed in on MANH. Zacks Investment Research downgraded Manhattan Associates from a “buy” rating to a “hold” rating in a research report on Thursday, March 7th. TheStreet raised Manhattan Associates from a “c+” rating to a “b-” rating in a research report on Friday, March 1st. BidaskClub raised Manhattan Associates from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 13th. Finally, ValuEngine downgraded Manhattan Associates from a “buy” rating to a “hold” rating in a research report on Thursday, February 7th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $56.00.
Manhattan Associates Company Profile
Manhattan Associates, Inc develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations. The company offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and store omni-channel solutions.
Featured Article: QQQ ETF
Receive News & Ratings for Manhattan Associates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manhattan Associates and related companies with MarketBeat.com's FREE daily email newsletter.