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

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

Manhattan Associates, Inc. (NASDAQ:MANH) posted its quarterly earnings data on Tuesday, February, 4th. The software maker reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.09. The software maker earned $152.90 million during the quarter, compared to analyst estimates of $147.58 million. Manhattan Associates had a net margin of 13.88% and a return on equity of 58.03%. The company's revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.46 earnings per share. View Manhattan Associates' Earnings History.

Manhattan Associates is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Manhattan Associates.

Manhattan Associates updated its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share guidance of $1.53-1.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.54. The company issued revenue guidance of $644-656 million, compared to the consensus revenue estimate of $649.63 million.

5 Wall Street analysts have issued 12-month price targets for Manhattan Associates' shares. Their forecasts range from $92.00 to $100.00. On average, they expect Manhattan Associates' share price to reach $97.25 in the next year. This suggests a possible upside of 43.5% from the stock's current price. View Analyst Price Targets for Manhattan Associates.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Manhattan Associates.

Headlines about MANH stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Manhattan Associates earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Manhattan Associates.

Manhattan Associates saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 4,610,000 shares, a decrease of 7.2% from the January 30th total of 4,970,000 shares. Based on an average daily trading volume, of 402,600 shares, the days-to-cover ratio is presently 11.5 days. Currently, 7.3% of the shares of the company are short sold. View Manhattan Associates' Current Options Chain.

Some companies that are related to Manhattan Associates include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), FactSet Research Systems (FDS), Fair Isaac (FICO) and Guidewire Software (GWRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Manhattan Associates investors own include Gilead Sciences (GILD), Starbucks (SBUX), Nike (NKE), Visa (V), Broadcom (AVGO), AT&T (T), Cisco Systems (CSCO), Netflix (NFLX), Skyworks Solutions (SWKS) and AbbVie (ABBV).

Manhattan Associates' stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (2.46%), FMR LLC (2.27%), American Capital Management Inc. (2.15%), Kayne Anderson Rudnick Investment Management LLC (1.99%), Alliancebernstein L.P. (1.91%) and Bank of New York Mellon Corp (1.61%). 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 Goldman Sachs Group Inc., Smith Asset Management Group LP, Bank of New York Mellon Corp, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, AQR Capital Management LLC, Bank of America Corp DE and Robeco Institutional Asset Management B.V.. Company insiders that have sold Manhattan Associates company stock in the last year include Bruce Richards, Dennis B Story, Eddie Capel, John J Huntz Jr and Robert G Howell. View Insider Buying and Selling for Manhattan Associates.

MANH stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., M&G Investment Management Ltd., Renaissance Technologies LLC, FMR LLC, Assenagon Asset Management S.A., Jacobs Levy Equity Management Inc., Citigroup Inc. and Cipher Capital LP. 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, Robinhood, Fidelity and Charles Schwab.

One share of MANH stock can currently be purchased for approximately $67.77.

Manhattan Associates has a market capitalization of $4.32 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.View Additional Information About Manhattan Associates.

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]