NASDAQ:MANHManhattan Associates Stock Price, Forecast & 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 shares have increased by 33.5% and is now trading at $85.54. View which stocks have been most impacted by Coronavirus.

6 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Manhattan Associates.

Manhattan Associates is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Manhattan Associates.

Manhattan Associates will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Manhattan Associates, Inc. (NASDAQ:MANH) released its quarterly earnings data on Tuesday, April, 21st. The software maker reported $0.40 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $0.07. The software maker earned $153.90 million during the quarter, compared to analyst estimates of $152.55 million. Manhattan Associates had a return on equity of 58.45% and a net margin of 14.01%. Manhattan Associates's revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.41 EPS. View Manhattan Associates' earnings history.

Manhattan Associates updated its FY 2020 After-Hours earnings guidance on Tuesday, April, 21st. The company provided earnings per share (EPS) guidance of 1.50-1.58 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.35. The company issued revenue guidance of $541-565 million, compared to the consensus revenue estimate of $604.62 million.

6 brokerages have issued 1 year target prices for Manhattan Associates' shares. Their forecasts range from $97.00 to $105.00. On average, they expect Manhattan Associates' share price to reach $100.00 in the next year. This suggests a possible upside of 16.9% from the stock's current price. View analysts' price targets for Manhattan Associates.

Media coverage about MANH stock has trended somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Manhattan Associates earned a news impact score of 2.0 on InfoTrie's scale. They also assigned media coverage about the software maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news about Manhattan Associates.

Manhattan Associates saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 3,990,000 shares, a decline of 12.1% from the June 15th total of 4,540,000 shares. Based on an average daily volume of 755,000 shares, the short-interest ratio is currently 5.3 days. Approximately 6.4% of the company's stock 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), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Citrix Systems (CTXS), Tyler Technologies (TYL), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Fair Isaac (FICO) and Guidewire Software (GWRE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Manhattan Associates investors own include Broadcom (AVGO), Gilead Sciences (GILD), Netflix (NFLX), Starbucks (SBUX), Target (TGT), Nike (NKE), Procter & Gamble (PG), Visa (V), AbbVie (ABBV) and Activision Blizzard (ATVI).

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

Manhattan Associates' stock is owned by a number of institutional and retail investors. Top institutional investors include MERIAN GLOBAL INVESTORS UK Ltd (0.78%), West Coast Financial LLC (0.08%), Envestnet Asset Management Inc. (0.03%), Louisiana State Employees Retirement System (0.02%), BEAM Asset Management LLC (0.01%) and Wedge Capital Management L L P NC (0.00%). 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 MERIAN GLOBAL INVESTORS UK Ltd. 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 activity for Manhattan Associates.

MANH stock was purchased by a variety of institutional investors in the last quarter, including BEAM Asset Management LLC, Wedge Capital Management L L P NC, Envestnet Asset Management Inc., West Coast Financial LLC, and Louisiana State Employees Retirement System. 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 $85.54.

Manhattan Associates has a market capitalization of $5.43 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]