Today on Stock-Callers.com we have issued research reports on four Application Software equities, namely, Manhattan Associates Inc. (NASDAQ: MANH), Imperva Inc. (NYSE: IMPV), Synaptics Inc. (NASDAQ: SYNA), and Paycom Software Inc. (NYSE: PAYC). These stocks belong to the Technology sector, which was one of the leading sectors in the market last week. Year-to-date, the Technology Select Sector SPDR Fund (XLK) is up 13%, and is at its highest levels in 16 years. Register now and get full and free access to our downloadable research reports on these stocks at:
On Tuesday, shares in Atlanta, Georgia headquartered Manhattan Associates Inc. recorded a trading volume of 432,150 shares. The stock ended the session 2.27% lower at $58.94. Shares of the Company, which 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, are trading 5.57% below their 200-day moving average. The stock has a Relative Strength Index (RSI) of 44.08.
On August 11th, 2016, RMG Networks Holding Corporation, or RMG Networks™, a leading provider of technology-driven visual communications announced its partnership with Manhattan Associates. Manhattan Associates will add RMG’s next-generation visual supply chain solutions to the product offerings it will sell to a global client base of more than 1,300 customers. Access our complete research report on MANH for free at:
Redwood Shores, California headquartered Imperva Inc.’s stock closed the day 0.25% higher at $47.88 and with a total volume of 389,209 shares traded. The Company’s shares have advanced 3.86% in the past month and 41.45% in the previous three months. The stock is trading 8.98% above its 50-day moving average. Additionally, shares of Imperva, which engages in the development, market, sale, and support of cyber security solutions that protect business critical data and applications in the cloud or on premises worldwide, have an RSI of 60.35.
On August 4th, 2016, Imperva reported that total revenue for Q2 2016 was $57.9 million compared to $53.5 million in Q2 2015. The company noted that net loss for Q2 was $(24.7) million, or $(0.77) per share, compared to net loss of $(17.3) million, or $(0.57) per share, in Q2 2015.
On August 08th, 2016, research firm Imperial Capital reiterated its ‘Outperform’ rating on the Company’s stock with a decrease of the target price from $55 a share to $50 a share. The complimentary research report on IMPV can be downloaded at:
Shares in San Jose, California headquartered Synaptics Inc. recorded a trading volume of 379,762 shares. The stock ended yesterday’s trading session 1.11% lower at $55.11. The Company’s shares have advanced 5.15% in the past month. The stock is trading above its 50-day moving average by 0.89%. Furthermore, shares of Synaptics, which develops, markets, and sells intuitive human interface solutions for electronic devices and products worldwide, have an RSI of 53.67.
On July 28th, 2016, Synaptics reported that net revenue for the Q4 FY16 declined 32% from the comparable quarter last year to $323.9 million. GAAP net loss for Q4 FY16 decreased 123% from the prior year period net income to a net loss of $7.1 million, or a loss of $0.19 per diluted share.
On August 01st, 2016, research firm Needham reiterated its ‘Buy’ rating on the Company’s stock with a decrease of the target price from $88 a share to $65 a share. Register for free on Stock-Callers.com and get access to the latest PDF format report on SYNA at:
Oklahoma City, Oklahoma headquartered Paycom Software Inc.’s stock finished Tuesday’s session 1.00% lower at $50.71 with a total volume of 411,693 shares traded. The Company’s shares have advanced 8.56% in the last one month, 28.71% over the previous three months, and 34.76% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 12.00% and 32.30%, respectively. Additionally, shares of Paycom Software, which provides cloud-based human capital management software solutions delivered as Software-as-a-Service for small to mid-sized companies in the US, have an RSI of 64.02.
On August 2nd, 2016, Paycom reported that total revenue of $73.9 million represented a 51% increase compared to total revenue of $49.0 million in the same period last year. The company’s GAAP Net Income was $10.4 million, or $0.18 per diluted share, compared to GAAP net income of $5.9 million, or $0.10 per diluted share, in the same period last year.
On August 03rd, 2016, research firm Wunderlich reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $50 a share to $57 a share. Download your free research report on PAYC at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you‘re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.