Manhattan Associates (MANH) to Release Earnings on Tuesday

Manhattan Associates (NASDAQ:MANH) is set to release its earnings data after the market closes on Tuesday, February 6th. Analysts expect Manhattan Associates to post earnings of $0.45 per share for the quarter.

Shares of Manhattan Associates (MANH) opened at $53.73 on Tuesday. The firm has a market capitalization of $3,650.00, a P/E ratio of 30.88 and a beta of 1.15. Manhattan Associates has a 1-year low of $40.75 and a 1-year high of $54.21.

Several equities research analysts have recently commented on MANH shares. SunTrust Banks upgraded Manhattan Associates from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a report on Tuesday, October 3rd. They noted that the move was a valuation call. BidaskClub upgraded Manhattan Associates from a “hold” rating to a “buy” rating in a report on Wednesday, December 27th. Zacks Investment Research upgraded Manhattan Associates from a “sell” rating to a “hold” rating in a report on Saturday, November 18th. Finally, KeyCorp restated a “hold” rating on shares of Manhattan Associates in a report on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Manhattan Associates currently has a consensus rating of “Hold” and a consensus target price of $60.00.

In other news, CEO Eddie Capel sold 23,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $42.04, for a total transaction of $966,920.00. Following the completion of the sale, the chief executive officer now owns 180,057 shares in the company, valued at $7,569,596.28. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 1.01% of the company’s stock.

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About Manhattan Associates

Manhattan Associates, Inc (Manhattan) is a developer and provider of supply chain commerce solutions. The Company operates through three geographical segments: the Americas, Europe, Middle East and Africa (EMEA), and the Asia Pacific (APAC). It is engaged in developing, selling, deploying, servicing and maintaining software solutions designed to manage supply chains, inventory and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations.

Earnings History for Manhattan Associates (NASDAQ:MANH)

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