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

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

Manhattan Associates announced that its board has approved a stock buyback program on Wednesday, February 7th 2018, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) issued its earnings results on Tuesday, October, 23rd. The software maker reported $0.49 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.40 by $0.09. The software maker earned $142.40 million during the quarter, compared to the consensus estimate of $142.38 million. Manhattan Associates had a net margin of 18.48% and a return on equity of 71.67%. The firm's revenue for the quarter was down 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.51 EPS. View Manhattan Associates' Earnings History.

Manhattan Associates is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Manhattan Associates.

Manhattan Associates issued an update on its FY18 earnings guidance on Tuesday, October, 23rd. The company provided EPS guidance of $1.69-1.71 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.60. The company issued revenue guidance of $554.04 million, compared to the consensus revenue estimate of prior $1.57-1.61.Manhattan Associates also updated its FY 2018 guidance to $1.69-1.71 EPS.

2 brokers have issued twelve-month price targets for Manhattan Associates' stock. Their forecasts range from $50.00 to $60.00. On average, they anticipate Manhattan Associates' stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Manhattan Associates.

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

News coverage about MANH stock has trended somewhat positive this week, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Manhattan Associates earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned press 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 future.

Some companies that are related to Manhattan Associates include TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Temenos (TMNSF), SS&C Technologies (SSNC), PTC (PTC), Dropbox (DBX), Tableau Software (DATA), UBISOFT Entmt S/ADR (UBSFY), Twilio (TWLO), The Ultimate Software Group (ULTI), Atlassian (TEAM), Trend Micro (TMICY), Micro Focus International (MFGP), Tyler Technologies (TYL), Paycom Software (PAYC) and Black Knight (BKI).

Manhattan Associates' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Atlanta Capital Management Co. L L C (11.65%), BlackRock Inc. (9.06%), Neuberger Berman Group LLC (7.27%), JPMorgan Chase & Co. (2.92%), Bank of New York Mellon Corp (2.18%) and American Capital Management Inc. (2.08%). Company insiders that own Manhattan Associates stock include Bruce Richards, Dennis B Story, Eddie Capel, Edmond Eger 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 Standard Life Aberdeen plc, Russell Investments Group Ltd., Vident Investment Advisory LLC, Douglas Lane & Associates LLC, Atlanta Capital Management Co. L L C, Deutsche Bank AG, BlackRock Inc. and Bank of New York Mellon Corp. Company insiders that have sold Manhattan Associates company stock in the last year include Bruce Richards, Dennis B Story, Edmond Eger 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 Schroder Investment Management Group, BTIM Corp., Royce & Associates LP, Prudential Financial Inc., Dimensional Fund Advisors LP, Capital Fund Management S.A., Neuberger Berman Group LLC and Denali Advisors 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 $50.19.

Manhattan Associates has a market capitalization of $3.13 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.

The official website for Manhattan Associates is http://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]