NASDAQ:MANH

Manhattan Associates (MANH) Stock Forecast, Price & News

$192.84

-3.12 (-1.59%)

(As of 11:58 AM ET)

Compare

Today's Range: $191.26
▼
$195.95
50-Day Range: $185.02
▼
$207.85
52-Week Range: $107.18
▼
$208.31

Volume: 59,215 shs
Average Volume: 359,217 shs
Market Capitalization: $11.89 billion

P/E Ratio: 83.12
Dividend Yield: N/A
Price Target: $210.67

Manhattan Associates MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 7.6% Upside
$210.67 Price Target
Short Interest: Healthy
1.58% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.68
Upright™ Environmental Score
News Sentiment: 0.46
Based on 6 Articles This Week
Insider Trading: Selling Shares
$3.18 M Sold Last Quarter
Proj. Earnings Growth: 14.29%
From $2.17 to $2.48 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.98 out of 5 stars

Computer And Technology Sector

408th out of 578 stocks

Prepackaged Software Industry

140th out of 206 stocks

1.3

Analyst's Opinion

Consensus Rating
Manhattan Associates has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $210.67, Manhattan Associates has a forecasted upside of 7.6% from its current price of $195.79.
Amount of Analyst Coverage
Manhattan Associates has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.58% of the float of Manhattan Associates has been sold short.
Short Interest Ratio / Days to Cover
Manhattan Associates has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Manhattan Associates has recently increased by 7.62%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Manhattan Associates does not currently pay a dividend.
Dividend Growth
Manhattan Associates does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Manhattan Associates has received a 39.92% net impact score from Upright. Manhattan Associates seems to create the most significant positive value in categories "Taxes", "Jobs", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Professional business training services", "Technical customer support services", and "Feedback software for employees" products. See details.
Environmental Sustainability
The Environmental Impact score for Manhattan Associates is -0.68.

1.9

News and Social Media Coverage

News Sentiment
Manhattan Associates has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Manhattan Associates this week, compared to 7 articles on an average week.
Search Interest
Only 1 people have searched for MANH on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.
MarketBeat Follows
5 people have added Manhattan Associates to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Manhattan Associates insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,179,751.00 in company stock.
Percentage Held by Insiders
Only 0.85% of the stock of Manhattan Associates is held by insiders.
Percentage Held by Institutions
97.85% of the stock of Manhattan Associates is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Manhattan Associates are expected to grow by 14.29% in the coming year, from $2.17 to $2.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Manhattan Associates is 84.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Manhattan Associates is 84.39, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.16.
Price to Book Value per Share Ratio
Manhattan Associates has a P/B Ratio of 53.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Manhattan Associates (NASDAQ:MANH) Stock

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and omnichannel solution, which include enterprise solutions and omnichannel solutions for store. The company also provides inventory optimization, planning, and allocation solutions; technology platform including Manhattan Active Platform solutions, a cloud-native product designed to provide version-less product access; maintenance services, which offers comprehensive program that provides on-premises software licensees with software upgrades for additional or improved functionality and technological advances incorporating emerging supply chain and industry advances; and professional services, such as solutions planning and implementation, and related consulting services. In addition, it provides training and change management services; resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. Further, the company offers products through direct sales personnel, as well as through partnership agreements with various organizations. It serves retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, high technology and electronics, life sciences, and government industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.

MANH Price History

30 days | 90 days | 365 days | Advanced Chart

MANH Stock News Headlines

August 31, 2023 | marketbeat.com

3 Low P/E Stock ETFs for Hungry Value Investors (MANH)

The price-to-earnings, or P/E ratio, is one of the most commonly used value measures. For these unique value ETFs, having a low P/E ratio is just the start.

September 22, 2023 | yahoo.com

H&M Cosigns Retail’s Latest Trend

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Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 21, 2023 | yahoo.com

Radar’s RFID Tech ‘Like Having Google Maps on Your Phone’ in Stores

September 21, 2023 | msn.com

Dow Jones Dives As Stocks Digest Powell; These Warren Buffett Stocks Dig In Near Entries

September 20, 2023 | yahoo.com

Retail Tech: Oracle x Uber, Maersk and Fabric Automate Dallas Warehouse

September 17, 2023 | americanbankingnews.com

Manhattan Associates (NASDAQ:MANH) Price Target Raised to $230.00

September 17, 2023 | americanbankingnews.com

Manhattan Associates, Inc. (NASDAQ:MANH) Receives $210.67 Average Price Target from Analysts

September 26, 2023 | Micro-Cap Stock Trader (Ad)

Unlock the treasure on Mount Olympus with this little-known mining stock.

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 14, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: EuroDry (EDRY) and Manhattan Associates (MANH)

September 12, 2023 | finance.yahoo.com

S&P 500 Giants Among These 5 Real Market Leaders Near Buy Points

September 11, 2023 | yahoo.com

Retail Tech: Staud Livestreams on Whatnot for NYFW, Manhattan Associates Launches Returns Optimization

September 8, 2023 | finance.yahoo.com

Why Manhattan Associates Is Guarded On Generative AI Amid Shift To Cloud

September 7, 2023 | stocknews.com

Are These 3 Software Stocks Profitable Buys?

September 6, 2023 | benzinga.com

Manhattan Associates Recent Insider Activity

September 5, 2023 | finance.yahoo.com

Manhattan Associates Transforms Retail Returns

September 3, 2023 | finance.yahoo.com

Is Manhattan Associates, Inc. (NASDAQ:MANH) Potentially Undervalued?

September 1, 2023 | benzinga.com

Massive Insider Trade At Manhattan Associates

August 31, 2023 | finance.yahoo.com

CrowdStrike (CRWD) Q2 Earnings Beat, Revenues Increase Y/Y

August 31, 2023 | finance.yahoo.com

Growth Stock Trumps S&P 500 With Triple Gains, Nears Buy Point

August 29, 2023 | finance.yahoo.com

Manhattan Associates Wins Google Cloud Industry Solution Technology Partner of the Year Award for Retail and Consumer Packaged Goods

August 26, 2023 | yahoo.com

Retail Tech: PacSun Deploys Omnichannel POS, Convoy Mulls Sale

August 25, 2023 | finance.yahoo.com

Intuit's (INTU) Q4 Earnings Beat Expectations, Sales Rise Y/Y

August 24, 2023 | businesswire.com

PacSun Elevates Shopping Experience and Expands Its Unified Commerce Offerings with Manhattan Active ® Point of Sale

August 22, 2023 | finance.yahoo.com

PacSun Elevates Shopping Experience and Expands Its Unified Commerce Offerings with Manhattan Active® Point of Sale

August 22, 2023 | finance.yahoo.com

Zoom (ZM) Q2 Earnings Beat, Customer Growth Drives Revenues

August 16, 2023 | finance.yahoo.com

Manhattan Associates (MANH) is an Incredible Growth Stock: 3 Reasons Why

See More Headlines

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MANH Company Calendar

Last Earnings: 7/25/2023
Today: 9/26/2023
Next Earnings (Estimated): 10/24/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: Application Software
Sector: Computer and Technology
Current Symbol: NASDAQ:MANH
CUSIP: 56275010
CIK: 1056696
Web: www.manh.com
Phone: (770) 955-7070
Fax: 770-955-0302
Employees: 4,150
Year Founded: 1990

Price Target and Rating

Average Stock Price Forecast: $210.67
High Stock Price Forecast: $230.00
Low Stock Price Forecast: $175.00
Forecasted Upside/Downside: +7.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.32
Trailing P/E Ratio: 84.47
Forward P/E Ratio: 90.30
P/E Growth: N/A
Net Income: $128.96 million
Net Margins: 17.21%
Pretax Margin: 21.53%
Return on Equity: 75.18%
Return on Assets: 27.25%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.09
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $767.08 million
Price / Sales: 15.75
Cash Flow: $2.12 per share
Price / Cash Flow: 92.45
Book Value: $3.63 per share
Price / Book: 53.98

Miscellaneous

Outstanding Shares: 61,670,000
Free Float: 61,145,000
Market Cap: $12.08 billion
Optionable: Optionable
Beta: 1.54

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Key Executives

Mr. Eddie Capel (Age 62)
Pres, CEO & Director
Comp: $1.63M

Dr. Deepak Raghavan Ph.D. (Age 56)
Co-Founder & Independent Director
Comp: $60k

Mr. Dennis B. Story (Age 59)
Exec. VP, CFO & Treasurer
Comp: $954.2k

Ms. Linda C. Pinne (Age 49)
Sr. VP, Global Corp. Controller & Chief Accounting Officer
Comp: $424.39k

Mr. Bruce S. Richards (Age 68)
Sr. VP, Chief Legal Officer & Sec.
Comp: $680.5k

Mr. Robert G. Howell (Age 50)
Exec. VP of Americas
Comp: $915.12k

Mr. Sanjeev Siotia
Exec. VP & CTO

Ms. Ann Sung Ruckstuhl (Age 60)
Sr. VP & Chief Marketing Officer

Ms. Suzanne Hough
Sr. VP & Chief People Officer

Mr. Raghav Sibal
Managing Director of Australia & New Zealand

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MANH Stock - Frequently Asked Questions

Should I buy or sell Manhattan Associates stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MANH shares.
View MANH analyst ratings or view top-rated stocks.
What is Manhattan Associates' stock price forecast for 2023?: 5 brokerages have issued 12-month price targets for Manhattan Associates' shares. Their MANH share price forecasts range from $175.00 to $230.00. On average, they predict the company's stock price to reach $210.67 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for MANH or view top-rated stocks among Wall Street analysts.
How have MANH shares performed in 2023?: Manhattan Associates' stock was trading at $121.40 at the start of the year. Since then, MANH shares have increased by 61.4% and is now trading at $195.96.
View the best growth stocks for 2023 here.
When is Manhattan Associates' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our MANH earnings forecast.
How were Manhattan Associates' earnings last quarter?: Manhattan Associates, Inc. (NASDAQ:MANH) announced its earnings results on Tuesday, July, 25th. The software maker reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.13. The software maker earned $231.02 million during the quarter, compared to analyst estimates of $216.43 million. Manhattan Associates had a trailing twelve-month return on equity of 75.18% and a net margin of 17.21%.
What ETFs hold Manhattan Associates' stock?: ETFs with the largest weight of Manhattan Associates (NASDAQ:MANH) stock in their portfolio include American Century Mid Cap Growth Impact (MID), Invesco S&P MidCap Quality ETF (XMHQ), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC), Invesco Focused Discovery Growth ETF (IVDG), Alger Mid Cap 40 ETF (FRTY), Invesco Dynamic Software ETF (PSJ), Franklin Disruptive Commerce ETF (BUYZ) and Invesco Dorsey Wright Technology Momentum ETF (PTF).
What guidance has Manhattan Associates issued on next quarter's earnings?: Manhattan Associates updated its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $3.07-$3.11 for the period, compared to the consensus earnings per share estimate of $2.88. The company issued revenue guidance of $886.00 million-$894.00 million, compared to the consensus revenue estimate of $862.71 million.
What is Eddie Capel's approval rating as Manhattan Associates' CEO?: 478 employees have rated Manhattan Associates Chief Executive Officer Eddie Capel on Glassdoor.com. Eddie Capel has an approval rating of 94% among the company's employees. This puts Eddie Capel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Manhattan Associates own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Manhattan Associates investors own include Cisco Systems (CSCO), Broadcom (AVGO), Gilead Sciences (GILD), NIKE (NKE), Procter & Gamble (PG), Visa (V), AbbVie (ABBV), Activision Blizzard (ATVI), Pfizer (PFE) and QUALCOMM (QCOM).
What is Manhattan Associates' stock symbol?: Manhattan Associates trades on the NASDAQ under the ticker symbol "MANH."
Who are Manhattan Associates' major shareholders?: Manhattan Associates' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.45%), Alliancebernstein L.P. (5.30%), Kayne Anderson Rudnick Investment Management LLC (4.37%), Brown Capital Management LLC (2.88%), State Street Corp (2.82%) and Geode Capital Management LLC (1.94%). Insiders that own company stock include Bruce Richards, Deepak Raghavan, Dennis B Story, Eddie Capel, Edmond Eger, James Stewart Gantt, John J Huntz Jr, John J Huntz, Jr, Linda T Hollembaek, Thomas E Noonan, Thomas E Noonan and Topline Capital Partners, Lp.
View institutional ownership trends.
How do I buy shares of Manhattan Associates?: Shares of MANH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Manhattan Associates' stock price today?: One share of MANH stock can currently be purchased for approximately $195.96.
How much money does Manhattan Associates make?: Manhattan Associates (NASDAQ:MANH) has a market capitalization of $12.08 billion and generates $767.08 million in revenue each year. The software maker earns $128.96 million in net income (profit) each year or $2.32 on an earnings per share basis.
How many employees does Manhattan Associates have?: The company employs 4,150 workers across the globe.
Does Manhattan Associates have any subsidiaries?: The following companies are subsidiares of Manhattan Associates: Evant, Manhattan Associates Chile SpA, Manhattan Associates Europe B.V., Manhattan Associates France SARL, Manhattan Associates GmbH, Manhattan Associates India Development Centre Private Limited, Manhattan Associates KK, Manhattan Associates Limited, Manhattan Associates Pty Ltd., Manhattan Associates S. de R.L. de CV, Manhattan Associates Services S. de R.L. de CV, Manhattan Associates Software Pte Ltd., Manhattan Associates Software Shanghai Co. Ltd., Manhattan Associates Supply Chain Software LLC, and Performance Analysis Corp.
Read More
How can I contact Manhattan Associates?: Manhattan Associates' mailing address is 2300 WINDY RIDGE PARKWAY TENTH FLOOR, ATLANTA GA, 30339. The official website for the company is www.manh.com. The software maker can be reached via phone at (770) 955-7070, via email at mhumphries@manh.com, or via fax at 770-955-0302.

This page (NASDAQ:MANH) was last updated on 9/26/2023 by MarketBeat.com Staff

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