Manhattan Associates - MANH Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last twelve months. There are currently 1 hold rating and 1 buy rating 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.

2 Wall Street analysts have issued twelve-month price objectives for Manhattan Associates' stock. Their MANH share price forecasts range from $145.00 to $168.00. On average, they predict the company's share price to reach $154.33 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price.
View analysts price targets for MANH or view top-rated stocks among Wall Street analysts.

Manhattan Associates' stock was trading at $121.40 at the beginning of the year. Since then, MANH shares have increased by 20.6% and is now trading at $146.38.
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Manhattan Associates saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 1,210,000 shares, a decrease of 6.2% from the February 13th total of 1,290,000 shares. Based on an average daily volume of 289,500 shares, the days-to-cover ratio is presently 4.2 days. Approximately 2.0% of the shares of the stock are sold short.
View Manhattan Associates' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our MANH earnings forecast.

Manhattan Associates, Inc. (NASDAQ:MANH) released its quarterly earnings data on Monday, October, 25th. The software maker reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.17. The software maker earned $169.19 million during the quarter, compared to the consensus estimate of $164.05 million. Manhattan Associates had a net margin of 16.81% and a trailing twelve-month return on equity of 60.63%. Manhattan Associates's revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.39 EPS.

ETFs with the largest weight of Manhattan Associates (NASDAQ:MANH) stock in their portfolio include American Century Mid Cap Growth Impact (MID), WBI BullBear Quality 3000 ETF (WBIL), Invesco S&P MidCap Quality ETF (XMHQ), Invesco Focused Discovery Growth ETF (IVDG), Invesco Dynamic Software ETF (PSJ), Franklin Disruptive Commerce ETF (BUYZ), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and ROBO Global Robotics & Automation ETF (ROBO).

Manhattan Associates issued an update on its first quarter 2023 earnings guidance on Friday, February, 3rd. The company provided earnings per share (EPS) guidance of $0.64-$0.66 for the period, compared to the consensus estimate of $0.60. The company issued revenue guidance of -.

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.

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).

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

Manhattan Associates' stock is owned by a variety of institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (5.94%), Neuberger Berman Group LLC (4.51%), Morgan Stanley (2.18%), American Capital Management Inc. (2.12%), American Century Companies Inc. (2.00%) and Geode Capital Management LLC (1.88%). 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.
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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.
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One share of MANH stock can currently be purchased for approximately $146.38.

Manhattan Associates (NASDAQ:MANH) has a market capitalization of $9.15 billion and generates $767.08 million in revenue each year. The software maker earns $128.96 million in net income (profit) each year or $2.04 on an earnings per share basis.

The company employs 4,150 workers across the globe.

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.