What analysts say:
- Buy, sell, or hold? Analysts generally think investors should hang on to Manhattan Associates, with half rating the stock a hold. Analysts don't like Manhattan Associates as much as competitor American Software overall.
- Revenue forecasts: On average, analysts predict $83.2 million in revenue this quarter. That would represent a rise of 7.1% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of 39 cents per share.
What our community says:
CAPS All Stars are solidly backing the stock with 83.3% assigning it an "outperform" rating. The majority of the Fools are in agreement with the All Stars; 70.3% give it an "outperform" rating. Fools are gung-ho about Manhattan Associates, though the message boards have been quiet lately with only 15 posts in the past 30 days. Manhattan Associates has a CAPS rating of zero out of five stars.
Manhattan Associates' income has fallen year over year by an average of more than fivefold. A year-over-year revenue decrease last quarter snaps a streak of three consecutive quarters of revenue increases. The company's gross margin shrank by 3.8 percentage points in the last quarter. Revenue fell 3% while cost of sales rose 5.9% to $32.5 million from a year earlier.
One final thing: If you want to keep tabs on Manhattan Associates movements, and for more analysis on the company, make sure you add it to your Watchlist.
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