MANH, TYL And MBLY, 3 Computer Software & Services Stocks Pushing The Industry Lower

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 95 points (-0.5%) at 18,476 as of Monday, July 25, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 974 issues advancing vs. 1,919 declining with 171 unchanged.

The Computer Software & Services industry currently is unchanged today versus the S&P 500, which is down 0.6%. On the negative front, top decliners within the industry include Adobe Systems ( ADBE), down 1.1%, Cognizant Technology Solutions ( CTSH), down 0.6% and Nielsen Holdings ( NLSN), down 0.6%. Top gainers within the industry include Fortinet ( FTNT), up 2.0%, Open Text ( OTEX), up 1.3% and Wipro ( WIT), up 1.0%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Manhattan Associates ( MANH) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Manhattan Associates is down $1.51 (-2.5%) to $58.44 on average volume. Thus far, 486,169 shares of Manhattan Associates exchanged hands as compared to its average daily volume of 845,500 shares. The stock has ranged in price between $58.36-$60.17 after having opened the day at $60.03 as compared to the previous trading day's close of $59.95.

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Manhattan Associates, Inc. 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. Manhattan Associates has a market cap of $4.3 billion and is part of the technology sector. Shares are down 9.4% year-to-date as of the close of trading on Friday. Currently there are 2 analysts that rate Manhattan Associates a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Manhattan Associates as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Manhattan Associates Ratings Report now.

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2. As of noon trading, Tyler Technologies ( TYL) is down $2.89 (-1.7%) to $164.84 on light volume. Thus far, 124,735 shares of Tyler Technologies exchanged hands as compared to its average daily volume of 355,000 shares. The stock has ranged in price between $164.76-$167.72 after having opened the day at $167.34 as compared to the previous trading day's close of $167.73.

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Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector with a focus on local governments in the United States and internationally. Tyler Technologies has a market cap of $5.9 billion and is part of the technology sector. Shares are down 3.8% year-to-date as of the close of trading on Friday. Currently there are 8 analysts that rate Tyler Technologies a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Tyler Technologies as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full Tyler Technologies Ratings Report now.

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1. As of noon trading, Mobileye ( MBLY) is down $0.89 (-1.8%) to $48.71 on average volume. Thus far, 2.3 million shares of Mobileye exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $48.52-$49.55 after having opened the day at $49.46 as compared to the previous trading day's close of $49.60.

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Mobileye N.V., together with its subsidiaries, develops computer vision and machine learning, data analysis, and localization and mapping for advanced driver assistance systems and autonomous driving technologies primarily in Israel. Mobileye has a market cap of $10.6 billion and is part of the technology sector. Shares are up 17.3% year-to-date as of the close of trading on Friday. Currently there are 10 analysts that rate Mobileye a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Mobileye as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and premium valuation. Get the full Mobileye Ratings Report now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider iShares S&P NA Tech Software Idx ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).