NASDAQ:MANHManhattan Associates Stock Price, Forecast & News

Manhattan Associates' stock was trading at $64.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MANH shares have increased by 44.6% and is now trading at $92.64.
View which stocks have been most impacted by COVID-19.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Manhattan Associates.

Manhattan Associates is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for Manhattan Associates.

Manhattan Associates, Inc. (NASDAQ:MANH) posted its quarterly earnings data on Thursday, July, 23rd. The software maker reported $0.40 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.34 by $0.06. The software maker had revenue of $135.63 million for the quarter, compared to analyst estimates of $127.27 million. Manhattan Associates had a net margin of 14.15% and a return on equity of 57.45%.
View Manhattan Associates' earnings history.

Manhattan Associates updated its FY 2020 After-Hours earnings guidance on Thursday, July, 23rd. The company provided earnings per share guidance of 1.53-1.59 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.54. The company issued revenue guidance of $554-570 million, compared to the consensus revenue estimate of $553.72 million.

6 equities research analysts have issued 1-year target prices for Manhattan Associates' stock. Their forecasts range from $97.00 to $120.00. On average, they expect Manhattan Associates' stock price to reach $106.75 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price.
View analysts' price targets for Manhattan Associates.

Headlines about MANH stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Manhattan Associates earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term.
View the latest news about Manhattan Associates.

Manhattan Associates saw a decline in short interest in July. As of July 31st, there was short interest totaling 3,420,000 shares, a decline of 5.5% from the July 15th total of 3,620,000 shares. Based on an average trading volume of 609,700 shares, the days-to-cover ratio is currently 5.6 days. Approximately 5.5% of the shares of the stock are short sold.
View Manhattan Associates' Short Interest.

Some companies that are related to Manhattan Associates include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Tyler Technologies (TYL), Fair Isaac (FICO) and Pegasystems (PEGA).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Manhattan Associates investors own include Cisco Systems (CSCO), Cognex (CGNX), Visa (V), Broadcom (AVGO), Advanced Micro Devices (AMD), Nike (NKE), Procter & Gamble (PG), QUALCOMM (QCOM), Skyworks Solutions (SWKS) and AbbVie (ABBV).

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

Manhattan Associates' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.30%), Kayne Anderson Rudnick Investment Management LLC (4.25%), FMR LLC (4.06%), American Capital Management Inc. (2.23%), Canada Pension Plan Investment Board (1.46%) and Bank of New York Mellon Corp (1.46%). Company insiders that own Manhattan Associates stock include Bruce Richards, Dennis B Story, Eddie Capel, Edmond Eger, John J Huntz Jr and Robert G Howell.
View institutional ownership trends for Manhattan Associates.

MANH stock was sold by a variety of institutional investors in the last quarter, including AJO LP, First Trust Advisors LP, MERIAN GLOBAL INVESTORS UK Ltd, Goldman Sachs Group Inc., Bank of America Corp DE, Vanguard Group Inc., Man Group plc, and Robeco Institutional Asset Management B.V.. Company insiders that have sold Manhattan Associates company stock in the last year include Bruce Richards, John J Huntz Jr, and Robert G Howell.
View insider buying and selling activity for Manhattan Associates.

MANH stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Channing Capital Management LLC, Canada Pension Plan Investment Board, Retirement Systems of Alabama, Vident Investment Advisory LLC, Vident Investment Advisory LLC, Kayne Anderson Rudnick Investment Management LLC, and Boston Trust Walden Corp.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of MANH stock can currently be purchased for approximately $92.64.

Manhattan Associates has a market capitalization of $5.88 billion and generates $617.95 million in revenue each year. The software maker earns $85.76 million in net income (profit) each year or $1.32 on an earnings per share basis. Manhattan Associates employs 3,400 workers across the globe.

The official website for Manhattan Associates is www.manh.com.

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]