Manhattan Associates, Inc. (MANH) is currently priced at $140.94, showing a price increase of $3.1 (2.25%) from the previous close. Notable insider trading activity by Gantt James Stewart, EVP of Professional Services, involved a $1 million sale on Friday, April 24th. Trading volume stands at $314,166, representing a 34.7% increase relative to the average.
MANH's latest quarterly earnings report, released on Monday, April 20th, revealed a consensus estimated EPS of 1.1. Revenue and profit margin figures from the same period are yet to be disclosed.
Barclays reaffirmed their "Overweight" grade on MANH with a published date of April 23, maintaining a "hold" action at a price of $142.88.
The company's cash flow statement indicates positive free cash flow of $79.94 million. Noteworthy is the repurchase of common stock amounting to -$179.39 million, resulting in a net cash decrease of $102.61 million.
Manhattan Associates recorded a net income of $49.30 million with an earnings per share (EPS) of 83 cents. Operating income stood at $64.94 million, reflecting a gross profit of $155.57 million.
Key financial ratios for MANH show a net profit margin of 17.47%, return on equity at 24.03%, and a price-to-earnings ratio of 40.3.
The balance sheet reveals total assets of $740.54 million, total liabilities of $535.36 million, and a net debt of -$170.45 million. MANH holds cash and cash equivalents worth $226.13 million.
This report provides a snapshot of MANH's financial standing, performance, and market outlook.
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It 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. The company also provides inventory optimization, planning, and allocation solutions; maintenance services comprising customer support services and software enhancements; professional services, such as solutions planning and implementation, and related consulting services; and training and change management services. In addition, it resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel, as well as through partnership agreements with various organizations. It serves grocery, food and beverage, manufacturing, medical and pharmaceutical, retail, third-party logistics, and wholesale industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.