Manhattan Associates Stock Forecast, Price & News

Manhattan Associates' stock was trading at $64.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MANH stock has increased by 50.9% and is now trading at $96.66.
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7 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Manhattan Associates.

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Manhattan Associates is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Manhattan Associates.

Manhattan Associates, Inc. (NASDAQ:MANH) posted its quarterly earnings results on Thursday, October, 22nd. The software maker reported $0.51 EPS for the quarter, topping the consensus estimate of $0.39 by $0.12. The software maker earned $149.76 million during the quarter, compared to analyst estimates of $138.81 million. Manhattan Associates had a net margin of 14.09% and a return on equity of 52.61%. The business's revenue for the quarter was down 7.7% compared to the same quarter last year. During the same period last year, the company earned $0.51 earnings per share.
View Manhattan Associates' earnings history.

Manhattan Associates issued an update on its FY 2020 After-Hours earnings guidance on Thursday, October, 22nd. The company provided earnings per share (EPS) guidance of 1.62-1.66 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.57. The company issued revenue guidance of $574-579 million, compared to the consensus revenue estimate of $566.4 million.

7 brokerages have issued 12 month price objectives for Manhattan Associates' stock. Their forecasts range from $97.00 to $125.00. On average, they expect Manhattan Associates' share price to reach $112.00 in the next year. This suggests a possible upside of 15.9% from the stock's current price.
View analysts' price targets for Manhattan Associates.

Some companies that are related to Manhattan Associates include salesforce.com (CRM), Adobe (ADBE), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Splunk (SPLK), Cadence Design Systems (CDNS), ANSYS (ANSS), SS&C Technologies (SSNC), Tyler Technologies (TYL), Citrix Systems (CTXS), Fair Isaac (FICO), FactSet Research Systems (FDS) and Nuance Communications (NUAN).
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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), The 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 BlackRock Inc. (9.06%), Neuberger Berman Group LLC (5.57%), State Street Corp (2.38%), New York State Common Retirement Fund (1.40%), Royce & Associates LP (1.17%) and Great West Life Assurance Co. Can (1.11%). 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 BlackRock Inc., Acadian Asset Management LLC, AQR Capital Management LLC, Neuberger Berman Group LLC, Los Angeles Capital Management & Equity Research Inc., Public Employees Retirement System of Ohio, State Street Corp, and Sei Investments Co.. Company insiders that have sold Manhattan Associates company stock in the last year include Bruce Richards, Edmond Eger, John J Huntz Jr, and Robert G Howell.
View insider buying and selling activity for Manhattan Associates.

MANH stock was purchased by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Jupiter Asset Management Ltd., First Trust Advisors LP, Assenagon Asset Management S.A., WCM Investment Management LLC, Mackay Shields LLC, Great Lakes Advisors LLC, and Thrivent Financial for Lutherans.
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 $96.66.

Manhattan Associates has a market capitalization of $6.14 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]