Mannatech, Incorporated (NASDAQ:MTEX) Issues Earnings Results

Mannatech, Incorporated (NASDAQ:MTEX) released its quarterly earnings results on Tuesday, August 8th. The company reported $0.65 EPS for the quarter, Bloomberg Earnings reports. The business had revenue of $47.69 million during the quarter. Mannatech, had a return on equity of 1.81% and a net margin of 0.41%. During the same quarter in the prior year, the business earned ($0.49) earnings per share.

Shares of Mannatech, (MTEX) traded up 2.29% during mid-day trading on Friday, hitting $15.65. The stock had a trading volume of 490 shares. Mannatech, has a 12-month low of $12.51 and a 12-month high of $23.80. The stock has a market cap of $42.43 million, a P/E ratio of 64.14 and a beta of 1.12. The company’s 50 day moving average price is $15.90 and its 200 day moving average price is $16.16.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 13th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.19%. The ex-dividend date is Tuesday, September 12th. Mannatech,’s payout ratio is currently 217.40%.

In other Mannatech, news, Director Linda K. Ferrell purchased 2,000 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The stock was purchased at an average cost of $14.32 per share, with a total value of $28,640.00. Following the transaction, the director now owns 5,568 shares in the company, valued at $79,733.76. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 23.10% of the stock is currently owned by corporate insiders.

An institutional investor recently bought a new position in Mannatech, stock. Northern Trust Corp acquired a new position in shares of Mannatech, Incorporated (NASDAQ:MTEX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,168 shares of the company’s stock, valued at approximately $158,000. Northern Trust Corp owned approximately 0.38% of Mannatech, at the end of the most recent reporting period. 18.84% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: This news story was posted by BNB Daily and is the sole property of of BNB Daily. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright laws. The correct version of this news story can be read at https://www.baseball-news-blog.com/2017/08/19/mannatech-incorporated-nasdaqmtex-posts-quarterly-earnings-results-updated.html.

Mannatech, Company Profile

Mannatech, Incorporated is a wellness solution provider. The Company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products. The Company operates through the segment of sale of nutritional supplements, skin care and anti-aging products, and weight management and fitness products through network marketing distribution channels in approximately 20 countries.

Earnings History for Mannatech, (NASDAQ:MTEX)

Receive News & Ratings for Mannatech Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mannatech Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply