Manhattan Associates Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Manhattan Associates stock.
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Manhattan Associates saw a increase in short interest in August. As of August 31st, there was short interest totaling 962,900 shares, an increase of 23.9% from the August 15th total of 776,900 shares. Based on an average trading volume of 324,900 shares, the days-to-cover ratio is presently 3.0 days. Currently, 1.5% of the shares of the company are sold short.
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Manhattan Associates is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Manhattan Associates.

Manhattan Associates, Inc. (NASDAQ:MANH) released its earnings results on Monday, July, 26th. The software maker reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.18. The software maker earned $166.11 million during the quarter, compared to analysts' expectations of $156.98 million. Manhattan Associates had a net margin of 15.93% and a trailing twelve-month return on equity of 46.33%. The firm's revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.40 EPS.
View Manhattan Associates' earnings history.

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 144.6% and is now trading at $156.69.
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Manhattan Associates issued an update on its FY 2021 earnings guidance on Tuesday, August, 3rd. The company provided EPS guidance of $2.000-$2.060 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.650. The company issued revenue guidance of $643 million-$650 million, compared to the consensus revenue estimate of $634.04 million.

6 analysts have issued 12-month price targets for Manhattan Associates' shares. Their forecasts range from $145.00 to $195.00. On average, they anticipate Manhattan Associates' stock price to reach $177.50 in the next year. This suggests a possible upside of 13.3% from the stock's current price.
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478 employees have rated Manhattan Associates CEO Eddie Capel on Glassdoor.com. Eddie Capel has an approval rating of 94% among Manhattan Associates' employees. This puts Eddie Capel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Manhattan Associates include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Workday (WDAY), Autodesk (ADSK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), Tyler Technologies (TYL), SS&C Technologies (SSNC), Nuance Communications (NUAN), FactSet Research Systems (FDS), Citrix Systems (CTXS) and Fair Isaac (FICO).
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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 variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.12%), BlackRock Inc. (8.96%), Brown Capital Management LLC (7.02%), Neuberger Berman Group LLC (5.42%), Kayne Anderson Rudnick Investment Management LLC (4.41%) and FMR LLC (4.40%). Company insiders that own Manhattan Associates stock include Bruce Richards, Deepak Raghavan, Eddie Capel, Edmond Eger, John J Huntz Jr, John J Huntz, Jr, Robert G Howell, Thomas E Noonan and Topline Capital Partners, Lp.
View institutional ownership trends for Manhattan Associates.

MANH stock was sold by a variety of institutional investors in the last quarter, including Brown Capital Management LLC, Atlanta Capital Management Co. L L C, Credit Suisse AG, BlackRock Inc., New York State Common Retirement Fund, Disciplined Growth Investors Inc. MN, Alliancebernstein L.P., and Royal Bank of Canada. Company insiders that have sold Manhattan Associates company stock in the last year include Deepak Raghavan, Eddie Capel, Edmond Eger, John J Huntz, Jr, and Thomas E Noonan.
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MANH stock was purchased by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Prudential Financial Inc., FMR LLC, Invesco Ltd., First Trust Advisors LP, State Street Corp, Principal Financial Group Inc., and Amundi.
View insider buying and selling activity for Manhattan Associates or or view top insider-buying stocks.

Shares of MANH 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 $156.69.

Manhattan Associates has a market capitalization of $9.93 billion and generates $586.37 million in revenue each year. The software maker earns $87.24 million in net income (profit) each year or $1.40 on an earnings per share basis.

Manhattan Associates employs 3,400 workers across the globe.

The following companies are subsidiares of Manhattan Associates: Evant, Global Bay Mobile, Logistics.com, Manhattan Associates (India) Development Centre Private Limited, Manhattan Associates Chile SpA, Manhattan Associates Europe B.V., Manhattan Associates France SARL, Manhattan Associates GmbH, Manhattan Associates KK, Manhattan Associates Limited, Manhattan Associates Pty Ltd., Manhattan Associates S. de R.L. de CV, Manhattan Associates Services S. de R.L. de CV, Manhattan Associates Software (Shanghai) Co. Ltd., Manhattan Associates Software Pte Ltd., Manhattan Associates Supply Chain Software LLC, and Performance Analysis Corp.

Manhattan Associates was founded in 1990.

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

Manhattan Associates is headquartered at 2300 WINDY RIDGE PARKWAY TENTH FLOOR, ATLANTA GA, 30339.

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].