NASDAQ:MANH - Manhattan Associates Stock Price, Price Target & More

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 permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) announced its quarterly earnings data on Tuesday, April, 24th. The software maker reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.06. The software maker had revenue of $130.60 million for the quarter, compared to the consensus estimate of $129.92 million. Manhattan Associates had a return on equity of 68.51% and a net margin of 19.07%. The company's quarterly revenue was down 9.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.42 earnings per share. View Manhattan Associates' Earnings History.

Manhattan Associates is scheduled to release their next quarterly earnings announcement on Wednesday, July, 18th 2018. View Earnings Estimates for Manhattan Associates.

Manhattan Associates updated its FY18 earnings guidance on Tuesday, April, 24th. The company provided earnings per share (EPS) guidance of $1.48-1.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.50. The company issued revenue guidance of $546-558 million, compared to the consensus revenue estimate of $550.47 million.

3 equities research analysts have issued 12 month target prices for Manhattan Associates' stock. Their predictions range from $55.00 to $65.00. On average, they anticipate Manhattan Associates' stock price to reach $60.00 in the next year. View Analyst Ratings for Manhattan Associates.

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

Media headlines about MANH stock have trended positive this week, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Manhattan Associates earned a news impact score of 0.33 on Accern's scale. They also gave headlines about the software maker an impact score of 46.04 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Manhattan Associates' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Atlanta Capital Management Co. L L C (11.60%), BlackRock Inc. (8.82%), Neuberger Berman Group LLC (7.06%), Kayne Anderson Rudnick Investment Management LLC (4.09%), OppenheimerFunds Inc. (3.44%) and JPMorgan Chase & Co. (2.94%). 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 Neuberger Berman Group LLC, Kayne Anderson Rudnick Investment Management LLC, Alambic Investment Management L.P., OppenheimerFunds Inc., WCM Investment Management CA, Atlanta Capital Management Co. L L C, Sei Investments Co. and Whittier Trust Co.. 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 acquired by a variety of institutional investors in the last quarter, including Old Mutual Global Investors UK Ltd., Legal & General Group Plc, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Robeco Institutional Asset Management B.V., Mackay Shields LLC, JPMorgan Chase & Co. and BlackRock Inc.. 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 $48.74.

Manhattan Associates has a market capitalization of $3.34 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]