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 of Directors has approved a share 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 usually an indication that the company's management believes its stock is undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) issued its quarterly earnings data on Tuesday, October, 23rd. The software maker reported $0.49 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate 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 return on equity of 71.67% and a net margin of 18.48%. The firm's quarterly revenue was down 6.9% compared to the same quarter last year. During the same period in the previous year, the business 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 issued an update on 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 EPS 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 equities research analysts have issued twelve-month price targets for Manhattan Associates' stock. Their forecasts range from $50.00 to $60.00. On average, they anticipate Manhattan Associates' share price to reach $55.00 in the next twelve months. This suggests a possible upside of 13.7% 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.

Media stories about MANH stock have trended somewhat negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 -2.0 on InfoTrie's scale. They also assigned news articles about the software maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.

Some companies that are related to Manhattan Associates include TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Temenos (TMNSF), SS&C Technologies (SSNC), PTC (PTC), Dropbox (DBX), Tableau Software (DATA), UBISOFT Entmt S/ADR (UBSFY), Twilio (TWLO), Trend Micro (TMICY), The Ultimate Software Group (ULTI), Atlassian (TEAM), Tyler Technologies (TYL), Black Knight (BKI), Nutanix (NTNX) and Paycom Software (PAYC).

Manhattan Associates' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Atlanta Capital Management Co. L L C (11.65%), BlackRock Inc. (9.06%), JPMorgan Chase & Co. (2.92%), Bank of New York Mellon Corp (2.18%), American Capital Management Inc. (2.08%) and Standard Life Aberdeen plc (2.00%). 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, Russell Investments Group Ltd., Douglas Lane & Associates LLC, Atlanta Capital Management Co. L L C, Deutsche Bank AG, BlackRock Inc., Bank of New York Mellon Corp and Renaissance Technologies LLC. 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 acquired by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, BTIM Corp., Royce & Associates LP, Prudential Financial Inc., Dimensional Fund Advisors LP, Capital Fund Management S.A., Denali Advisors LLC and Acadian Asset Management LLC. 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 $48.37.

Manhattan Associates has a market capitalization of $3.13 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 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]