Today, Manhattan Associates, Inc. (MANH) shows a price of $141.35, marking a $3.51 increase from the previous close. Notable insider trading activity by EVP Gantt James Stewart on April 24th adds intrigue. MANH's trading volume is up by 18.58%, reaching $154,756.
MANH's latest quarterly earnings report, announced on April 20th, revealed a consensus estimate EPS of 1.1. Further details on revenue and profit margin are awaited.
Barclays issued an analyst update on April 23, maintaining an "Overweight" grade on MANH, with a price of $142.88. Investors are advised to hold positions.
The cash flow statement indicates a net decrease in cash of $102.61 million. Operating cash flow stands at $84 million, with notable repurchased common stock worth -$179.39 million.
MANH's income statement reports a gross profit of $155.57 million, leading to a net income of $49.30 million. Operating income is $64.94 million, with an EPS of 83 cents.
Key financial ratios include a net profit margin of 17.47%, return on equity at 24.03%, and a price to earnings ratio of 40.3.
Total assets amount to $740.54 million, with cash and cash equivalents at $226.13 million. Total liabilities stand at $535.36 million, showcasing a strong financial position for MANH.
This comprehensive analysis provides insights into MANH's current performance and financial standing, offering investors valuable data for decision-making.
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.