NASDAQ:MANH - Manhattan Associates Stock Price, Price Target & More

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

Manhattan Associates announced that its board has initiated a share buyback plan on Wednesday, February 7th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) released its quarterly earnings data on Tuesday, April, 24th. The software maker reported $0.37 EPS for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.06. The software maker had revenue of $130.60 million for the quarter, compared to analyst estimates of $129.92 million. Manhattan Associates had a net margin of 19.07% and a return on equity of 68.51%. The business's revenue was down 9.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.42 earnings per share. View Manhattan Associates' Earnings History.

Manhattan Associates is scheduled to release their next quarterly earnings announcement on Wednesday, July, 18th 2018. View Earnings Estimates for Manhattan Associates.

Manhattan Associates updated its FY18 earnings guidance on Tuesday, April, 24th. The company provided earnings per share guidance of $1.48-1.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.50. The company issued revenue guidance of $546-558 million, compared to the consensus revenue estimate of $550.47 million.

3 brokerages have issued 12-month target prices for Manhattan Associates' shares. Their predictions range from $55.00 to $65.00. On average, they expect Manhattan Associates' share price to reach $60.00 in the next year. View Analyst Ratings for Manhattan Associates.

Some companies that are related to Manhattan Associates include Cadence Design Systems (CDNS), UBISOFT Entmt S/ADR (UBSFY), Veeva Systems (VEEV), PTC (PTC), Temenos Group (TMNSF), Momo (MOMO), Nutanix (NTNX), Docusign (DOCU), Tyler Technologies (TYL), The Ultimate Software Group (ULTI), Tableau Software Inc Class A (DATA), Trend Micro (TMICY), Black Knight (BKI), Micro Focus International (MFGP) and Guidewire Software (GWRE).

News headlines about MANH stock have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Manhattan Associates earned a media sentiment score of 0.15 on Accern's scale. They also assigned press coverage about the software maker an impact score of 44.68 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Manhattan Associates' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Atlanta Capital Management Co. L L C (11.60%), BlackRock Inc. (8.82%), Neuberger Berman Group LLC (7.06%), Kayne Anderson Rudnick Investment Management LLC (4.09%), OppenheimerFunds Inc. (3.44%) and JPMorgan Chase & Co. (2.94%). Company insiders that own Manhattan Associates stock include Bruce Richards, Dennis B Story, Eddie Capel 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 Neuberger Berman Group LLC, Kayne Anderson Rudnick Investment Management LLC, Alambic Investment Management L.P., OppenheimerFunds Inc., WCM Investment Management CA, Atlanta Capital Management Co. L L C, Sei Investments Co. and Whittier Trust Co.. Company insiders that have sold Manhattan Associates company stock in the last year include Bruce Richards, Dennis B Story, Eddie Capel 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 Old Mutual Global Investors UK Ltd., Legal & General Group Plc, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Robeco Institutional Asset Management B.V., Mackay Shields LLC, JPMorgan Chase & Co. and BlackRock Inc.. 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 $49.71.

Manhattan Associates has a market capitalization of $3.23 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.

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]