NASDAQ:MANH

Manhattan Associates - MANH Stock Forecast, Price & News

$134.23

+3.03 (+2.31%)

(As of 09/28/2022 05:36 PM ET)

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Today's Range: $131.27
▼
$135.16
50-Day Range: $116.62
▼
$155.00
52-Week Range: $106.02
▼
$188.52

Volume: 396,078 shs
Average Volume: 332,834 shs
Market Capitalization: $8.42 billion

P/E Ratio: 72.17
Dividend Yield: N/A
Price Target: $178.75

Manhattan Associates MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 33.0% Upside
$178.75 Price Target
Short Interest: Bearish
2.23% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.68
Upright™ Environmental Score
News Sentiment: 1.00
Based on 5 Articles This Week
Insider Trading: Selling Shares
$2.58 M Sold Last Quarter
Proj. Earnings Growth: 12.42%
From $1.61 to $1.81 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars

Computer And Technology Sector

163rd out of 650 stocks

Prepackaged Software Industry

37th out of 227 stocks

3.5

Analyst's Opinion

Consensus Rating
Manhattan Associates has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $178.75, Manhattan Associates has a forecasted upside of 33.0% from its current price of $134.41.
Amount of Analyst Coverage
Manhattan Associates has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.23% of the float of Manhattan Associates has been sold short.
Short Interest Ratio / Days to Cover
Manhattan Associates has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in Manhattan Associates has recently increased by 1.47%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Manhattan Associates does not currently pay a dividend.
Dividend Growth
Manhattan Associates does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Manhattan Associates has received a 39.92% net impact score from Upright. Manhattan Associates seems to create the most significant positive value in categories "Taxes", "Jobs", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Professional business training services", "Technical customer support services", and "Feedback software for employees" products. See details.
Environmental Sustainability
The Environmental Impact score for Manhattan Associates is -0.68.

3.3

News and Social Media Coverage

News Sentiment
Manhattan Associates has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Manhattan Associates this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for MANH on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added Manhattan Associates to their MarketBeat watchlist in the last 30 days. This is a decrease of -95% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Manhattan Associates insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,576,378.00 in company stock.
Percentage Held by Insiders
Only 0.78% of the stock of Manhattan Associates is held by insiders.
Percentage Held by Institutions
97.35% of the stock of Manhattan Associates is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Manhattan Associates are expected to grow by 12.42% in the coming year, from $1.61 to $1.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Manhattan Associates is 72.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Manhattan Associates is 72.26, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 351.58.
Price to Book Value per Share Ratio
Manhattan Associates has a P/B Ratio of 33.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Manhattan Associates (NASDAQ:MANH) Stock

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and store omni-channel solutions. The company also provides inventory optimization, planning, and allocation solutions; maintenance services comprising customer support services and software enhancements; professional services, such as solutions planning and implementation, and related consulting services; and training and change management services. In addition, it resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel, as well as through partnership agreements with various organizations. It serves grocery, food and beverage, manufacturing, medical and pharmaceutical, retail, third-party logistics, and wholesale industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.

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MANH Stock News Headlines

September 24, 2022 | americanbankingnews.com

Head to Head Analysis: Manhattan Associates (NASDAQ:MANH) vs. Dropbox (NASDAQ:DBX)

September 23, 2022 | finance.yahoo.com

Manhattan Associates' (NASDAQ:MANH) five-year total shareholder returns outpace the underlying earnings growth

September 14, 2022 | markets.businessinsider.com

David Landau Joins Transporeon as Chief Network and Strategy Officer

September 14, 2022 | finance.yahoo.com

Manhattan Associates Wins Big at the Australian Business Awards

September 13, 2022 | finance.yahoo.com

Manhattan Associates Helps Floor & Decor Unify Its Supply Chain

September 11, 2022 | fool.com

Manhattan Associates (NASDAQ: MANH)

September 4, 2022 | nasdaq.com

Does Manhattan Associates (NASDAQ:MANH) Deserve A Spot On Your Watchlist?

August 29, 2022 | marketwatch.com

Cloud Supply Chain Management Market is Set to Experience a Significant Growth of 19.8% CAGR from 2022 To 2031

August 19, 2022 | finance.yahoo.com

Should You Be Adding Manhattan Associates (NASDAQ:MANH) To Your Watchlist Today?

August 17, 2022 | marketwatch.com

Healthcare Supply Chain Management Market Size Is Expected To Grow At A CAGR Of 7.58% During Assessment Period 2022-2025 | 109 Report Pages

August 12, 2022 | seekingalpha.com

Manhattan Associates: Great Guidance And Repurchase Of Shares

August 9, 2022 | finance.yahoo.com

The Zacks Analyst Blog Highlights HeritageCrystal Clean, Manhattan Associates, Clearfield, AXT and Arcosa

August 6, 2022 | finance.yahoo.com

Direct-to-Consumer Sales Are Fueling Supply-Chain Tech Growth

August 5, 2022 | finance.yahoo.com

Paylocity (PCTY) Earnings & Revenues Beat Estimates in Q4

August 2, 2022 | markets.businessinsider.com

Guidehouse Insights Names Manhattan Associates, Oracle Fusion Cloud WMS and Infor SCM Cloudsuite Leading Warehouse Management System Software Vendors

August 1, 2022 | finance.yahoo.com

MANHATTAN ASSOCIATES AUSTRALIA RECOGNISED AS 2022 GREAT PLACE TO WORK

July 27, 2022 | finance.yahoo.com

Manhattan Associates, Inc.: Manhattan Associates Enjoys Strong Results Fueled by Stellar Cloud Growth; FVE Up to $155

July 27, 2022 | markets.businessinsider.com

Raymond James Maintains Outperform Rating for Manhattan Associates: Here's What You Need To Know

July 27, 2022 | seekingalpha.com

Manhattan Associates, Inc. (MANH) CEO Eddie Capel on Q2 2022 Results - Earnings Call Transcript

July 26, 2022 | nasdaq.com

Manhattan Associates Q2 Profit Up, Lifts FY Outlook

July 25, 2022 | msn.com

A Preview Of Manhattan Associates's Earnings

July 13, 2022 | finance.yahoo.com

Are Manhattan Associates, Inc.'s (NASDAQ:MANH) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

July 6, 2022 | finance.yahoo.com

Manhattan Associates Announces Date for Reporting Second Quarter 2022 Financial Results

June 22, 2022 | finance.yahoo.com

MANHATTAN ASSOCIATES SINGAPORE RECOGNISED AS 2022 GREAT PLACE TO WORK

June 14, 2022 | msn.com

Britney Spears' ex Jason Alexander charged with felony stalking after attempting to crash her wedding

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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MANH Company Calendar

Last Earnings: 7/26/2022
Today: 9/28/2022
Next Earnings (Estimated): 10/25/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: Application Software
Sector: Computer and Technology
Current Symbol: NASDAQ:MANH
CUSIP: 56275010
CIK: 1056696
Web: www.manh.com
Phone: (770) 955-7070
Fax: 770-955-0302
Employees: 3,600
Year Founded: 1990

Price Target and Rating

Average Stock Price Forecast: $178.75
High Stock Price Forecast: $205.00
Low Stock Price Forecast: $150.00
Forecasted Upside/Downside: +33.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.86
Trailing P/E Ratio: 72.17
Forward P/E Ratio: 83.37
P/E Growth: N/A
Net Income: $110.47 million
Net Margins: 16.67%
Pretax Margin: 20.17%
Return on Equity: 51.87%
Return on Assets: 22.82%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.38
Quick Ratio: 1.38

Sales & Book Value

Annual Sales: $663.64 million
Price / Sales: 12.69
Cash Flow: $1.93 per share
Price / Cash Flow: 69.53
Book Value: $3.97 per share
Price / Book: 33.81

Miscellaneous

Outstanding Shares: 62,719,000
Free Float: 62,230,000
Market Cap: $8.42 billion
Optionable: Optionable
Beta: 1.84

Social Links

Key Executives

Mr. Eddie Capel (Age 61)
Pres, CEO & Director
Comp: $1.57M

Dr. Deepak Raghavan Ph.D. (Age 55)
Co-Founder & Independent Director
Comp: $60k

Mr. Dennis B. Story (Age 58)
Exec. VP, CFO & Treasurer
Comp: $927.86k

Ms. Linda C. Pinne (Age 48)
Sr. VP, Global Corp. Controller & Chief Accounting Officer
Comp: $413.3k

Mr. Bruce S. Richards (Age 67)
Sr. VP, Chief Legal Officer & Sec.
Comp: $650.85k

Mr. Robert G. Howell (Age 49)
Exec. VP of Americas
Comp: $872.61k

Mr. Sanjeev Siotia
Sr. VP & CTO

Ms. Ann Sung Ruckstuhl (Age 59)
Sr. VP & Chief Marketing Officer

Ms. Suzanne Hough
Sr. VP & Chief People Officer

Mr. Raghav Sibal
Managing Director of Australia & New Zealand

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MANH Stock - Frequently Asked Questions

Should I buy or sell Manhattan Associates stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MANH shares.
View MANH analyst ratings or view top-rated stocks.
What is Manhattan Associates' stock price forecast for 2022?: 4 Wall Street research analysts have issued 12-month price targets for Manhattan Associates' shares. Their MANH share price forecasts range from $150.00 to $205.00. On average, they predict the company's stock price to reach $178.75 in the next year. This suggests a possible upside of 33.7% from the stock's current price.
View analysts price targets for MANH or view top-rated stocks among Wall Street analysts.
How have MANH shares performed in 2022?: Manhattan Associates' stock was trading at $155.49 at the beginning of 2022. Since then, MANH stock has decreased by 14.0% and is now trading at $133.66.
View the best growth stocks for 2022 here.
When is Manhattan Associates' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our MANH earnings forecast.
How were Manhattan Associates' earnings last quarter?: Manhattan Associates, Inc. (NASDAQ:MANH) posted its quarterly earnings data on Tuesday, July, 26th. The software maker reported $0.49 EPS for the quarter, topping the consensus estimate of $0.34 by $0.15. The software maker had revenue of $191.92 million for the quarter, compared to analyst estimates of $179.86 million. Manhattan Associates had a trailing twelve-month return on equity of 51.87% and a net margin of 16.67%. During the same period in the prior year, the business posted $0.48 earnings per share.
What guidance has Manhattan Associates issued on next quarter's earnings?: Manhattan Associates updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $0.56-$0.58 for the period, compared to the consensus EPS estimate of $0.56. The company issued revenue guidance of $183.00 million-$187.00 million, compared to the consensus revenue estimate of $184.47 million.
What is Eddie Capel's approval rating as Manhattan Associates' CEO?: 478 employees have rated Manhattan Associates Chief Executive Officer Eddie Capel on Glassdoor.com. Eddie Capel has an approval rating of 94% among the company's employees. This puts Eddie Capel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Manhattan Associates own?: 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), Procter & Gamble (PG), Visa (V), AbbVie (ABBV), Activision Blizzard (ATVI), Pfizer (PFE) and QUALCOMM (QCOM).
What is Manhattan Associates' stock symbol?: Manhattan Associates trades on the NASDAQ under the ticker symbol "MANH."
Who are Manhattan Associates' major shareholders?: Manhattan Associates' stock is owned by many different retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (4.17%), Price T Rowe Associates Inc. MD (3.51%), State Street Corp (2.69%), RGM Capital LLC (1.57%), FMR LLC (1.51%) and Goldman Sachs Group Inc. (1.31%). Insiders that own company stock include Bruce Richards, Deepak Raghavan, Eddie Capel, Edmond Eger, John J Huntz Jr, John J Huntz, Jr, Linda T Hollembaek, Robert G Howell, Thomas E Noonan, Thomas E Noonan and Topline Capital Partners, Lp.
View institutional ownership trends.
How do I buy shares of Manhattan Associates?: Shares of MANH stock 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.
Compare Top Brokerages Here.
What is Manhattan Associates' stock price today?: One share of MANH stock can currently be purchased for approximately $133.66.
How much money does Manhattan Associates make?: Manhattan Associates (NASDAQ:MANH) has a market capitalization of $8.38 billion and generates $663.64 million in revenue each year. The software maker earns $110.47 million in net income (profit) each year or $1.86 on an earnings per share basis.
How many employees does Manhattan Associates have?: The company employs 3,600 workers across the globe.
Does Manhattan Associates have any subsidiaries?: The following companies are subsidiares of Manhattan Associates: Evant, Manhattan Associates Chile SpA, Manhattan Associates Europe B.V., Manhattan Associates France SARL, Manhattan Associates GmbH, Manhattan Associates India Development Centre Private Limited, 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 Pte Ltd., Manhattan Associates Software Shanghai Co. Ltd., Manhattan Associates Supply Chain Software LLC, and Performance Analysis Corp.
Read More
How can I contact Manhattan Associates?: Manhattan Associates' mailing address is 2300 WINDY RIDGE PARKWAY TENTH FLOOR, ATLANTA GA, 30339. The official website for the company is www.manh.com. The software maker can be reached via phone at (770) 955-7070, via email at mhumphries@manh.com, or via fax at 770-955-0302.

This page (NASDAQ:MANH) was last updated on 9/28/2022 by MarketBeat.com Staff

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Manhattan Associates - MANH Stock Forecast, Price & News

Manhattan Associates MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows