NASDAQ:MANHManhattan Associates Stock Price, Forecast & News

Manhattan Associates' stock was trading at $64.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MANH shares have increased by 44.9% and is now trading at $92.84. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Manhattan Associates.

Manhattan Associates is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Manhattan Associates.

Manhattan Associates, Inc. (NASDAQ:MANH) issued its quarterly earnings results on Tuesday, April, 21st. The software maker reported $0.40 EPS for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.07. The software maker had revenue of $153.90 million for the quarter, compared to the consensus estimate of $152.55 million. Manhattan Associates had a net margin of 14.01% and a return on equity of 58.45%. The business's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.41 earnings per share. View Manhattan Associates' earnings history.

Manhattan Associates issued an update on its FY 2020 After-Hours earnings guidance on Tuesday, April, 21st. The company provided earnings per share guidance of 1.50-1.58 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.35. The company issued revenue guidance of $541-565 million, compared to the consensus revenue estimate of $604.62 million.

6 brokers have issued 1 year target prices for Manhattan Associates' shares. Their forecasts range from $61.00 to $100.00. On average, they anticipate Manhattan Associates' stock price to reach $89.00 in the next year. This suggests that the stock has a possible downside of 4.1%. View analysts' price targets for Manhattan Associates.

News coverage about MANH stock has been trending negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Manhattan Associates earned a news impact score of -2.8 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an impact on the stock's share price in the near term. View the latest news about Manhattan Associates.

Manhattan Associates saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 4,540,000 shares, a decrease of 9.0% from the May 31st total of 4,990,000 shares. Based on an average daily volume of 882,700 shares, the days-to-cover ratio is presently 5.1 days. Approximately 7.3% of the company's stock are short sold. View Manhattan Associates' Current Options Chain.

Some companies that are related to Manhattan Associates include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), FactSet Research Systems (FDS), Fair Isaac (FICO) and Guidewire Software (GWRE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Manhattan Associates investors own include Broadcom (AVGO), Gilead Sciences (GILD), Netflix (NFLX), Starbucks (SBUX), Target (TGT), Nike (NKE), Procter & Gamble (PG), Visa (V), AbbVie (ABBV) and Activision Blizzard (ATVI).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of MANH stock can currently be purchased for approximately $92.84.

Manhattan Associates has a market capitalization of $5.90 billion and generates $617.95 million in revenue each year. The software maker earns $85.76 million in net income (profit) each year or $1.32 on an earnings per share basis. Manhattan Associates employs 3,400 workers across the globe.

The official website for Manhattan Associates is 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]