Manhattan Associates (NASDAQ:MANH) is set to release its earnings data after the market closes on Tuesday, October 22nd. Analysts expect Manhattan Associates to post earnings of $0.27 per share for the quarter. Manhattan Associates has set its FY 2019 guidance at $1.46-1.50 EPS and its FY19 guidance at $1.46-1.50 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Manhattan Associates (NASDAQ:MANH) last released its earnings results on Tuesday, July 23rd. The software maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.17. The firm had revenue of $154.30 million for the quarter, compared to analyst estimates of $146.00 million. Manhattan Associates had a return on equity of 66.00% and a net margin of 16.33%. Manhattan Associates’s revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 earnings per share. 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 $78.36 on Friday. The business’s 50-day moving average price is $82.49 and its 200 day moving average price is $73.23. The firm has a market cap of $5.24 billion, a P/E ratio of 49.59 and a beta of 1.51. Manhattan Associates has a 52-week low of $39.01 and a 52-week high of $89.53. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.23.

In related news, CFO Dennis B. Story sold 10,600 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $85.00, for a total value of $901,000.00. Following the completion of the transaction, the chief financial officer now owns 124,533 shares in the company, valued at approximately $10,585,305. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Eddie Capel sold 40,000 shares of the stock in a transaction on Monday, July 29th. The shares were sold at an average price of $87.48, for a total value of $3,499,200.00. Following the completion of the transaction, the chief executive officer now owns 261,357 shares of the company’s stock, valued at approximately $22,863,510.36. The disclosure for this sale can be found here. Insiders sold a total of 54,100 shares of company stock valued at $4,697,840 in the last quarter. 0.68% of the stock is currently owned by corporate insiders.

A number of research firms recently issued reports on MANH. Benchmark reaffirmed a “buy” rating and set a $90.00 target price (up from $75.00) on shares of Manhattan Associates in a report on Wednesday, July 24th. SunTrust Banks lifted their target price on Manhattan Associates from $85.00 to $92.00 and gave the stock a “buy” rating in a report on Monday, August 12th. Rosenblatt Securities began coverage on Manhattan Associates in a report on Thursday, August 15th. They set a “buy” rating and a $100.00 target price on the stock. ValuEngine lowered Manhattan Associates from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, BidaskClub lowered Manhattan Associates from a “strong-buy” rating to a “buy” rating in a report on Thursday. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $94.00.

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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Earnings History for Manhattan Associates (NASDAQ:MANH)

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