Manhattan Associates - MANH Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MANH shares.
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2 Wall Street analysts have issued twelve-month target prices for Manhattan Associates' shares. Their MANH share price forecasts range from $150.00 to $170.00. On average, they predict the company's stock price to reach $160.33 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price.
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Manhattan Associates' stock was trading at $121.40 at the beginning of the year. Since then, MANH stock has increased by 4.8% and is now trading at $127.19.
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Manhattan Associates saw a increase in short interest in January. As of January 15th, there was short interest totaling 1,300,000 shares, an increase of 7.4% from the December 31st total of 1,210,000 shares. Based on an average daily trading volume, of 311,400 shares, the days-to-cover ratio is presently 4.2 days. Approximately 2.1% of the shares of the stock are sold short.
View Manhattan Associates' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our MANH earnings forecast.

Manhattan Associates will be holding an earnings conference call on Thursday, February 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13735351".

Manhattan Associates, Inc. (NASDAQ:MANH) posted its quarterly earnings results on Monday, October, 25th. The software maker reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $0.17. The software maker earned $169.19 million during the quarter, compared to analyst estimates of $164.05 million. Manhattan Associates had a net margin of 15.08% and a trailing twelve-month return on equity of 51.06%. Manhattan Associates's quarterly revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 EPS.

Manhattan Associates issued an update on its FY 2023 earnings guidance on Wednesday, November, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $800.00 million-$820.00 million, compared to the consensus revenue estimate of $816.64 million.

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.

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).

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

Manhattan Associates' stock is owned by a number of retail and institutional investors. Top institutional investors include Stephens Investment Management Group LLC (1.31%), New York State Common Retirement Fund (0.74%), M&G Investment Management Ltd. (0.62%), Boston Trust Walden Corp (0.35%), Exchange Traded Concepts LLC (0.20%) and Natixis Advisors L.P. (0.15%). Insiders that own company stock include Bruce Richards, Deepak Raghavan, Eddie Capel, Edmond Eger, John J Huntz Jr, John J Huntz, Jr, Linda T Hollembaek, Robert G Howell, Thomas E Noonan, Thomas E Noonan and Topline Capital Partners, Lp.
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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.
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One share of MANH stock can currently be purchased for approximately $127.19.

Manhattan Associates (NASDAQ:MANH) has a market capitalization of $7.94 billion and generates $663.64 million in revenue each year. The software maker earns $110.47 million in net income (profit) each year or $1.76 on an earnings per share basis.

The company employs 3,600 workers across the globe.

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.