Manhattan Associates (MANH) Receives News Impact Rating of 0.20
Media coverage about Manhattan Associates (NASDAQ:MANH) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Manhattan Associates earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 47.1117660750429 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- FourKites integrates freight-tracking tool with Manhattan TMS (dcvelocity.com)
- Data privacy firm plans 500-job expansion in Atlanta (finance.yahoo.com)
- OneTrust Crosses 200 Employees, Commits to 500 More as Global Expansion Accelerates (finance.yahoo.com)
- Warehouse management system market report for 2017 examined in new market research (whatech.com)
- Manhattan Associates, Inc. – Value Analysis (NASDAQ:MANH) : September 20, 2017 (finance.yahoo.com)
Manhattan Associates (MANH) opened at 44.54 on Friday. Manhattan Associates has a 12-month low of $40.83 and a 12-month high of $59.60. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 25.73 and a beta of 1.16. The company has a 50-day moving average of $42.67 and a 200 day moving average of $46.39.
Manhattan Associates (NASDAQ:MANH) last announced its quarterly earnings results on Thursday, July 20th. The software maker reported $0.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.02. The business had revenue of $154.10 million during the quarter, compared to analysts’ expectations of $153.80 million. Manhattan Associates had a return on equity of 75.58% and a net margin of 20.55%. The firm’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.49 EPS. Equities analysts anticipate that Manhattan Associates will post $1.87 earnings per share for the current year.
Several research analysts recently commented on MANH shares. Zacks Investment Research upgraded shares of Manhattan Associates from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Friday, May 26th. BidaskClub lowered shares of Manhattan Associates from a “hold” rating to a “sell” rating in a report on Friday, June 9th. Finally, SunTrust Banks, Inc. started coverage on shares of Manhattan Associates in a report on Monday, June 26th. They issued a “hold” rating and a $45.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $59.50.
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Manhattan Associates Company Profile
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.
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