NASDAQ:MANH - Manhattan Associates Stock Price, News, & Analysis

Manhattan Associates trades on the NASDAQ under the ticker symbol "MANH."

Manhattan Associates declared that its Board of Directors has authorized a stock repurchase program on Wednesday, February 7th 2018, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its shares are undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) released its quarterly earnings results on Tuesday, July, 24th. The software maker reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.06. The software maker had revenue of $141.90 million for the quarter, compared to analyst estimates of $140.42 million. Manhattan Associates had a return on equity of 68.14% and a net margin of 18.87%. The company's revenue was down 7.9% on a year-over-year basis. During the same period last year, the company posted $0.50 earnings per share. View Manhattan Associates' Earnings History.

Manhattan Associates is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Manhattan Associates.

Manhattan Associates updated its FY18 earnings guidance on Tuesday, July, 24th. The company provided EPS guidance of $1.57-1.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.51. The company issued revenue guidance of $548-560 million, compared to the consensus revenue estimate of $550.68 million.

3 brokerages have issued 1-year price targets for Manhattan Associates' shares. Their forecasts range from $55.00 to $65.00. On average, they expect Manhattan Associates' share price to reach $60.00 in the next year. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Price Targets for Manhattan Associates.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Manhattan Associates.

Some companies that are related to Manhattan Associates include SS&C Technologies (SSNC), Cadence Design Systems (CDNS), Dropbox (DBX), UBISOFT Entmt S/ADR (UBSFY), Veeva Systems (VEEV), Symantec (SYMC), PTC (PTC), Temenos (TMNSF), Nutanix (NTNX), Docusign (DOCU), Tyler Technologies (TYL), The Ultimate Software Group (ULTI), Tableau Software Inc Class A (DATA), Trend Micro (TMICY) and Momo (MOMO).

Press coverage about MANH stock has trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Manhattan Associates earned a daily sentiment score of 0.20 on Accern's scale. They also assigned news stories about the software maker an impact score of 48.11 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Manhattan Associates.

Manhattan Associates' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.12%), OppenheimerFunds Inc. (3.13%), RGM Capital LLC (2.68%), Standard Life Aberdeen plc (2.40%), Bank of New York Mellon Corp (2.24%) and American Capital Management Inc. (2.02%). Company insiders that own Manhattan Associates stock include Bruce Richards, Dennis B Story, Eddie Capel and John J Huntz Jr. View Institutional Ownership Trends for Manhattan Associates.

MANH stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Russell Investments Group Ltd., OppenheimerFunds Inc., Douglas Lane & Associates LLC, Martingale Asset Management L P, Schroder Investment Management Group, Standard Life Aberdeen plc and Laurion Capital Management LP. Company insiders that have sold Manhattan Associates company stock in the last year include Bruce Richards, Dennis B Story, Eddie Capel and John J Huntz Jr. View Insider Buying and Selling for Manhattan Associates.

MANH stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Retirement Systems of Alabama, BlackRock Inc., Capital Fund Management S.A., Royce & Associates LP, United Services Automobile Association, Herald Investment Management Ltd and RGM Capital LLC. View Insider Buying and Selling for Manhattan Associates.

Shares of MANH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MANH stock can currently be purchased for approximately $53.59.

Manhattan Associates has a market capitalization of $3.35 billion and generates $594.60 million in revenue each year. The software maker earns $116.48 million in net income (profit) each year or $1.72 on an earnings per share basis. Manhattan Associates employs 2,790 workers across the globe.

Manhattan Associates' mailing address is 2300 WINDY RIDGE PARKWAY TENTH FLOOR, ATLANTA GA, 30339. The software maker can be reached via phone at 770-955-7070 or via email at [email protected]