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Mannatech
(NASDAQ:MTEX)
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Rating:52Neutral
Price Target:
$9.00
▲(26.76% Upside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by weak financial fundamentals—ongoing net losses and especially negative equity—despite improving TTM cash generation. Technicals are strong with bullish momentum, but overbought indicators raise near-term pullback risk. Valuation is constrained by losses (negative P/E), while recent executive/board appointments are a modest positive but not yet a financial catalyst.
Positive Factors
Strong Gross Margin
A gross margin near 76% indicates substantial product-level profitability and gives Mannatech room to fund selling, administrative, and product-development costs. If maintained, this margin provides a durable foundation for improving earnings as operating efficiency and revenue scale strengthen.
Negative Factors
Negative Stockholders’ Equity
Negative equity materially weakens Mannatech’s capital structure because liabilities exceed assets on an accounting basis. Even with relatively modest absolute debt, this condition reduces financial flexibility, limits resilience against operating setbacks, and makes balance-sheet repair an important medium-term requirement.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Gross Margin
A gross margin near 76% indicates substantial product-level profitability and gives Mannatech room to fund selling, administrative, and product-development costs. If maintained, this margin provides a durable foundation for improving earnings as operating efficiency and revenue scale strengthen.
Read all positive factors
Mannatech (MTEX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$17.37M
Dividend Yield5.96%
Average Volume (3M)22.97K
Price to Earnings (P/E)―
Beta (1Y)0.55
Revenue Growth-4.97%
EPS Growth-91.06%
CountryUS
Employees170
SectorConsumer Defensive
Sector Strength42
IndustryFood Distribution
Share Statistics
EPS (TTM)-3.91
Shares Outstanding1,929,670
10 Day Avg. Volume49,692
30 Day Avg. Volume22,973
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-3.00
Price to Sales (P/S)0.15
P/FCF Ratio-3.63
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mannatech Business Overview & Revenue Model
Company Description
Mannatech, Incorporated operates as a global enterprise focused on health and wellness. The company specializes in the creation, marketing, and distribution of a diverse range of products, including dietary supplements, topical skincare and anti-a...
How the Company Makes Money
Mannatech primarily makes money by selling its health and wellness products (such as nutritional supplements and related wellness offerings) to end customers through a direct selling distribution model. Revenue is generated from product sales plac...
Mannatech Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
22
Negative
Cash Flow
41
Neutral
| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 107.36M | 108.04M | 117.87M | 131.96M | 137.21M | 159.76M |
| Gross Profit | 81.67M | 80.96M | 91.46M | 102.86M | 104.15M | 125.61M |
| EBITDA | 6.29M | -426.00K | 5.55M | 498.00K | 3.02M | 10.61M |
| Net Income | -7.41M | -15.21M | 2.49M | -2.24M | -4.49M | 9.84M |
Balance Sheet | ||||||
| Total Assets | 27.47M | 29.99M | 36.06M | 41.21M | 49.13M | 59.63M |
| Cash, Cash Equivalents and Short-Term Investments | 6.03M | 6.18M | 11.40M | 7.73M | 13.78M | 24.18M |
| Total Debt | 8.50M | 7.36M | 6.69M | 5.71M | 6.21M | 1.83M |
| Total Liabilities | 32.44M | 35.22M | 27.44M | 30.72M | 34.95M | 35.21M |
| Stockholders Equity | -4.97M | -5.22M | 8.61M | 10.48M | 14.18M | 24.41M |
Cash Flow | ||||||
| Free Cash Flow | 1.60M | -4.32M | 1.96M | -3.12M | -3.66M | 10.12M |
| Operating Cash Flow | 2.46M | -2.96M | 2.26M | -2.37M | -2.60M | 10.77M |
| Investing Cash Flow | -861.00K | -1.35M | -285.00K | -747.00K | -1.06M | -650.00K |
| Financing Cash Flow | -213.00K | -561.00K | 1.96M | -1.90M | -4.33M | -9.29M |
Mannatech Technical Analysis
Positive
7.10
Price Trends
5.50
Positive
5.28
Positive
6.43
Positive
Market Momentum
0.66
Negative
76.42
Negative
77.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTEX, the sentiment is Positive. The current price of 7.1 is above the 20-day moving average (MA) of 6.48, above the 50-day MA of 5.50, and above the 200-day MA of 6.43, indicating a bullish trend. The MACD of 0.66 indicates Negative momentum. The RSI at 76.42 is Negative, neither overbought nor oversold. The STOCH value of 77.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MTEX.
Mannatech Risk Analysis
Mannatech disclosed 41 risk factors in its most recent earnings report. Mannatech reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Mannatech Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
58 Neutral | $1.33B | -14.44 | -6.27% | 2.08% | -7.00% | -246.78% | |
52 Neutral | $17.37M | -2.30 | 336.75% | 5.96% | -4.97% | -91.06% | |
51 Neutral | $235.59M | -1.09 | -29.42% | 4.96% | -15.44% | -319.79% | |
50 Neutral | $7.53M | 1.05 | 1.71% | 4.71% | 77.22% | -89.32% | |
47 Neutral | $89.15M | -3.04 | -47.84% | ― | -6.45% | -44.06% |
* Consumer Defensive Sector Average
MTEX
Mannatech
9.00
-0.37
-3.95%
NUS
Nu Skin
4.84
-6.27
-56.43%
EPC
Edgewell Personal Care
28.87
6.75
30.54%
SKIN
Beauty Health
0.69
-1.65
-70.60%
TKLF
Yoshitsu Co. Ltd. Sponsored ADR
1.78
-1.78
-50.00%
Mannatech Corporate Events
Business Operations and StrategyExecutive/Board Changes
Mannatech Appoints Robert Toth as New Board Chairman
Positive
Sep 1, 2026
On September 1, 2026, Mannatech announced the retirement of long-serving chairman J. Stanley Fredrick from its board of directors, following his August 26, 2026 notice to step down for personal reasons. Fredrick, who joined the board in 2001 and h...
Business Operations and StrategyExecutive/Board Changes
Mannatech Names Yasir Haider as New Chief Financial Officer
Positive
Jun 8, 2026
On June 8, 2026, Mannatech announced that its board appointed Yasir Haider as Chief Financial Officer and principal financial officer, effective June 3, 2026, succeeding former CFO James Clavijo. Haider, who joined Mannatech as Controller in Janua...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.