How These Application Software Stocks are Faring? -- Manhattan Associates, Imperva, Synaptics, and Paycom Software

Aug 17, 2016, 07:55 ET from Chelmsford Park SA

NEW YORK, August 17, 2016 /PRNewswire/ --

Today on 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:

Manhattan Associates  

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 and get access to the latest PDF format report on SYNA at:

Paycom Software  

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:


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