Manhattan Associates (NASDAQ:MANH) will issue its quarterly earnings data after the market closes on Tuesday, July 23rd. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Manhattan Associates has set its FY 2019 guidance at $1.42-1.46 EPS and its FY19 guidance at $1.42-1.46 EPS.Parties that wish to listen to the company’s conference call can do so using this link.
Manhattan Associates (NASDAQ:MANH) last issued its earnings results on Tuesday, April 23rd. The software maker reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.02). Manhattan Associates had a return on equity of 73.80% and a net margin of 17.85%. The firm had revenue of $148.40 million for the quarter, compared to analysts’ expectations of $137.55 million. During the same quarter in the previous year, the firm posted $0.37 EPS. The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. On average, analysts expect Manhattan Associates to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of NASDAQ:MANH opened at $71.13 on Monday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.25. Manhattan Associates has a 1 year low of $39.01 and a 1 year high of $72.28. The stock has a market cap of $4.59 billion, a PE ratio of 45.02 and a beta of 1.45. The business’s 50-day moving average price is $68.64.
MANH has been the subject of a number of research reports. SunTrust Banks cut KEYW from a “buy” rating to a “hold” rating and boosted their target price for the stock from $11.00 to $11.25 in a report on Monday, April 22nd. BidaskClub cut Zebra Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, July 16th. Zacks Investment Research upgraded Zymeworks from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a report on Saturday, April 27th. Finally, ValuEngine cut Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. One research analyst has rated the stock with a sell rating, two have given a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $64.67.
About Manhattan Associates
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.
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