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 approved a stock repurchase program on Wednesday, February 7th 2018, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) announced its quarterly earnings results on Tuesday, April, 24th. The software maker reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.06. The software maker earned $130.60 million during the quarter, compared to the consensus estimate of $129.92 million. Manhattan Associates had a net margin of 19.07% and a return on equity of 68.51%. The firm's quarterly revenue was down 9.0% on a year-over-year basis. During the same period 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 Tuesday, July, 24th 2018. View Earnings Estimates for Manhattan Associates.

Manhattan Associates issued an update on its FY18 earnings guidance on Tuesday, April, 24th. The company provided earnings per share (EPS) guidance of $1.48-1.52 for the period, compared to the Thomson Reuters consensus EPS 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 price targets for Manhattan Associates' shares. Their forecasts range from $55.00 to $65.00. On average, they anticipate Manhattan Associates' stock price to reach $60.00 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Ratings for Manhattan Associates.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Manhattan Associates include SS&C Technologies (SSNC), Symantec (SYMC), Cadence Design Systems (CDNS), Dropbox (DBX), Veeva Systems (VEEV), PTC (PTC), Temenos (TMNSF), Nutanix (NTNX), Tyler Technologies (TYL), Momo (MOMO), Tableau Software Inc Class A (DATA), The Ultimate Software Group (ULTI), Black Knight (BKI), Trend Micro (TMICY) and Docusign (DOCU).

Media coverage about MANH stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Manhattan Associates earned a daily sentiment score of 0.14 on Accern's scale. They also gave headlines about the software maker an impact score of 45.86 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Manhattan Associates' stock is owned by a number of of institutional and retail investors. Top institutional investors include American Capital Management Inc. (2.02%), Douglas Lane & Associates LLC (1.17%), Retirement Systems of Alabama (0.28%), Amalgamated Bank (0.02%), Municipal Employees Retirement System of Michigan (0.02%) and Fox Run Management L.L.C. (0.01%). 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 Douglas Lane & Associates LLC, Municipal Employees Retirement System of Michigan, American Capital Management Inc., Huntington National Bank and Fox Run Management L.L.C.. 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 purchased by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Denali Advisors LLC, Hartford Investment Management Co., State of Alaska Department of Revenue and Amalgamated Bank. 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 $49.85.

Manhattan Associates has a market capitalization of $3.34 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]