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

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

Manhattan Associates declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 7th 2018, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) announced its quarterly earnings data on Tuesday, October, 23rd. The software maker reported $0.49 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.09. The software maker earned $142.40 million during the quarter, compared to analysts' expectations of $142.38 million. Manhattan Associates had a net margin of 18.48% and a return on equity of 71.67%. The company's revenue for the quarter was down 6.9% on a year-over-year basis. During the same period last year, the business posted $0.51 earnings per share. 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.

Manhattan Associates updated its FY18 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share guidance of $1.69-1.71 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 1-year target prices for Manhattan Associates' stock. Their predictions range from $50.00 to $60.00. On average, they anticipate Manhattan Associates' stock price to reach $55.00 in the next year. This suggests a possible upside of 13.7% 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 headlines about MANH stock have trended extremely positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Manhattan Associates earned a news sentiment score of 4.3 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the near term.

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

Manhattan Associates' stock is owned by many different of institutional and retail 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 $48.37.

Manhattan Associates has a market capitalization of $3.10 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]