NASDAQ:MANH - Manhattan Associates Stock Price, News, & Analysis

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

Manhattan Associates announced that its board has approved a stock repurchase plan on Wednesday, February 7th 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) posted its quarterly earnings data on Tuesday, October, 23rd. The software maker reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.09. The software maker had revenue of $142.40 million for the quarter, compared to analysts' expectations of $142.38 million. Manhattan Associates had a net margin of 18.48% and a return on equity of 71.67%. The company's revenue was down 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.51 earnings per share. View Manhattan Associates' Earnings History.

Manhattan Associates is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Manhattan Associates.

Manhattan Associates updated its FY18 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share guidance of $1.69-1.71 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.60. The company issued revenue guidance of $554.04 million, compared to the consensus revenue estimate of prior $1.57-1.61.Manhattan Associates also updated its FY 2018 guidance to $1.69-1.71 EPS.

2 brokerages have issued 12 month target prices for Manhattan Associates' stock. Their forecasts range from $50.00 to $60.00. On average, they expect Manhattan Associates' stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price. View Analyst Price Targets for Manhattan Associates.

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

News stories about MANH stock have been trending positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Manhattan Associates earned a media sentiment score of 2.6 on InfoTrie's scale. They also assigned headlines about the software maker a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the near future.

Some companies that are related to Manhattan Associates include Cadence Design Systems (CDNS), Temenos (TMNSF), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), SS&C Technologies (SSNC), Tableau Software (DATA), PTC (PTC), Twilio (TWLO), Dropbox (DBX), UBISOFT ENTMT S/ADR (UBSFY), Atlassian (TEAM), Micro Focus International (MFGP), The Ultimate Software Group (ULTI), Trend Micro (TMICY), Paycom Software (PAYC) and Nutanix (NTNX).

Manhattan Associates' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Atlanta Capital Management Co. L L C (11.65%), Vanguard Group Inc. (9.28%), BlackRock Inc. (9.06%), Neuberger Berman Group LLC (7.27%), JPMorgan Chase & Co. (2.92%) and Bank of New York Mellon Corp (2.18%). Company insiders that own Manhattan Associates stock include Bruce Richards, Dennis B Story, Eddie Capel, Edmond Eger 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 Standard Life Aberdeen plc, Standard Life Aberdeen plc, Russell Investments Group Ltd., Nordea Investment Management AB, Vident Investment Advisory LLC, Douglas Lane & Associates LLC, Atlanta Capital Management Co. L L C and Deutsche Bank AG. Company insiders that have sold Manhattan Associates company stock in the last year include Bruce Richards, Dennis B Story, Edmond Eger 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 Vanguard Group Inc., Schroder Investment Management Group, BTIM Corp., Royce & Associates LP, Prudential Financial Inc., Morgan Stanley, Dimensional Fund Advisors LP and Capital Fund Management S.A.. 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 $46.17.

Manhattan Associates has a market capitalization of $3.06 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.

The official website for Manhattan Associates is http://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]