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 of Directors has approved a stock buyback plan on Wednesday, February 7th 2018, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) announced its quarterly earnings results on Tuesday, October, 23rd. The software maker reported $0.49 earnings per share (EPS) 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%. Manhattan Associates's revenue for the quarter was down 6.9% on a year-over-year basis. During the same period last year, the company posted $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 will be holding an earnings conference call on Tuesday, February 5th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

2 analysts have issued twelve-month target prices for Manhattan Associates' stock. Their predictions range from $50.00 to $60.00. On average, they expect Manhattan Associates' share price to reach $55.00 in the next year. This suggests a possible upside of 14.3% 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.

Media headlines about MANH stock have trended very positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media 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 nearest to five being the most favorable. Manhattan Associates earned a news impact score of 3.2 on InfoTrie's scale. They also assigned press coverage about the software maker a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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

Manhattan Associates' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BTIM Corp. (0.77%), Douglas Lane & Associates LLC (0.45%), Denali Advisors LLC (0.40%), Retirement Systems of Alabama (0.35%), Capital Insight Partners LLC (0.03%) and Louisiana State Employees Retirement System (0.03%). 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 Douglas Lane & Associates LLC, Virtu Financial LLC, Louisiana State Employees Retirement System, Nisa Investment Advisors LLC and Capital Insight Partners LLC. 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 bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC, BTIM Corp., Retirement Systems of Alabama, Fox Run Management L.L.C. and First Hawaiian Bank. 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 $48.1050.

Manhattan Associates has a market capitalization of $3.16 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]