Logility Supply Chain Solutions (NASDAQ:LGTY) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Logility Supply Chain Solutions (NASDAQ:LGTY) issued its earnings results on Thursday. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01, Zacks reports. Logility Supply Chain Solutions had a net margin of 6.15% and a return on equity of 7.03%.

Logility Supply Chain Solutions Stock Performance

Shares of NASDAQ LGTY remained flat at $14.10 during mid-day trading on Thursday. 250,800 shares of the company were exchanged, compared to its average volume of 494,394. The stock’s 50-day simple moving average is $12.14. Logility Supply Chain Solutions has a 1 year low of $8.41 and a 1 year high of $14.19. The firm has a market cap of $474.89 million, a PE ratio of 74.21 and a beta of 0.77.

Analyst Ratings Changes

LGTY has been the subject of a number of recent analyst reports. B. Riley downgraded Logility Supply Chain Solutions from a “buy” rating to a “neutral” rating in a report on Monday, January 27th. Maxim Group cut Logility Supply Chain Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th.

Logility Supply Chain Solutions Company Profile

Logility Supply Chain Solutions Inc is a provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains. Logility Supply Chain Solutions Inc, formerly known as American Software Inc, is based in ATLANTA.