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

Logility Supply Chain Solutions (NASDAQ:LGTY) released its quarterly earnings data 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 LGTY stock remained flat at $14.10 on Thursday. The stock had a trading volume of 250,800 shares, compared to its average volume of 494,394. The company has a market cap of $474.89 million, a PE ratio of 74.21 and a beta of 0.77. The firm’s fifty 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.

Analysts Set New Price Targets

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

About Logility Supply Chain Solutions

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.