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

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

Manhattan Associates declared that its board has approved a stock repurchase program on Wednesday, February 7th 2018, which permits the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) issued its quarterly earnings results on Tuesday, February, 5th. The software maker reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.09. The software maker earned $144.37 million during the quarter, compared to analysts' expectations of $139.19 million. Manhattan Associates had a net margin of 18.72% and a return on equity of 74.34%. The company's quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.45 EPS. View Manhattan Associates' Earnings History.

Manhattan Associates is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Manhattan Associates.

Manhattan Associates updated its FY19 earnings guidance on Tuesday, February, 5th. The company provided earnings per share guidance of $1.38-1.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.39. The company issued revenue guidance of $564-576 million, compared to the consensus revenue estimate of $564.22 million.Manhattan Associates also updated its FY 2019 guidance to $1.38-1.42 EPS.

2 Wall Street analysts have issued 12 month price objectives for Manhattan Associates' shares. Their predictions 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 0.3% 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 somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Manhattan Associates earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

Some companies that are related to Manhattan Associates include Citrix Systems (CTXS), Twilio (TWLO), PTC (PTC), Atlassian (TEAM), Tableau Software (DATA), Micro Focus International (MFGP), Paycom Software (PAYC), The Ultimate Software Group (ULTI), Temenos (TMNSF), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Dropbox (DBX), Nutanix (NTNX), Okta (OKTA), Docusign (DOCU) and UBISOFT ENTMT S/ADR (UBSFY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Manhattan Associates investors own include Aralez Pharmaceuticals (ARLZ), Gilead Sciences (GILD), Nike (NKE), QUALCOMM (QCOM), Starbucks (SBUX), Skyworks Solutions (SWKS), Visa (V), Cisco Systems (CSCO), Boeing (BA) and Southwest Airlines (LUV).

Manhattan Associates' stock is owned by a number of of institutional and retail investors. Top institutional investors include Atlanta Capital Management Co. L L C (11.47%), BlackRock Inc. (9.32%), Bank of New York Mellon Corp (2.07%), American Capital Management Inc. (2.07%), Dimensional Fund Advisors LP (2.04%) and New York State Common Retirement Fund (2.03%). 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 Douglas Lane & Associates LLC, Standard Life Aberdeen plc, Millennium Management LLC, Acadian Asset Management LLC, Atlanta Capital Management Co. L L C, Kayne Anderson Rudnick Investment Management LLC, Bank of New York Mellon Corp and Prudential PLC. 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 Oregon Public Employees Retirement Fund, Prudential Financial Inc., First Trust Advisors LP, Royce & Associates LP, Denali Advisors LLC, State of Tennessee Treasury Department, Smith Asset Management Group LP and BlackRock Inc.. 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 $54.84.

Manhattan Associates has a market capitalization of $3.57 billion and generates $559.16 million in revenue each year. The software maker earns $104.69 million in net income (profit) each year or $1.58 on an earnings per share basis. Manhattan Associates employs 3,000 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]