Manhattan Associates (MANH) Earning Somewhat Positive Media Coverage, Study Finds
Media headlines about Manhattan Associates (NASDAQ:MANH) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Manhattan Associates earned a news impact score of 0.21 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 47.211765492491 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Brokerages Anticipate Manhattan Associates, Inc. (MANH) Will Post Quarterly Sales of $150.38 Million (americanbankingnews.com)
- Manhattan Associates : Honored at The Australian Business Awards 2017 (4-traders.com)
- Manhattan Associates enable the acquisition of additional capacity (mdjonline.com)
- Manhattan Associates Honored at The Australian Business Awards 2017 (finance.yahoo.com)
- Zacks: Analysts Expect Manhattan Associates, Inc. (MANH) to Announce $0.50 EPS (americanbankingnews.com)
Manhattan Associates (NASDAQ MANH) opened at 44.01 on Friday. The firm has a 50 day moving average of $42.71 and a 200 day moving average of $46.54. The firm has a market capitalization of $3.03 billion, a PE ratio of 25.42 and a beta of 1.16. Manhattan Associates has a one year low of $40.83 and a one year high of $59.76.
Manhattan Associates (NASDAQ:MANH) last announced its quarterly earnings data on Thursday, July 20th. The software maker reported $0.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.02. The firm 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 company’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. Equities analysts forecast that Manhattan Associates will post $1.87 EPS for the current year.
MANH has been the topic of several recent research reports. Zacks Investment Research raised shares of Manhattan Associates from a “sell” rating to a “hold” rating in a research note on Tuesday, August 29th. SunTrust Banks, Inc. initiated coverage on shares of Manhattan Associates in a research note on Monday, June 26th. They issued a “hold” rating and a $45.00 price objective on the stock. Finally, BidaskClub cut shares of Manhattan Associates from a “hold” rating to a “sell” rating in a research note on Friday, June 9th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. Manhattan Associates currently has a consensus rating of “Hold” and a consensus price target 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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