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 share buyback plan on Wednesday, February 7th 2018, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) released its quarterly earnings data on Tuesday, October, 23rd. The software maker reported $0.49 earnings per share for the quarter, beating the 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 company's revenue for the quarter was down 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.51 EPS. 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 will be holding an earnings conference call on Tuesday, February 5th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Manhattan Associates updated its FY18 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share (EPS) 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 analysts have issued 1 year 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 16.1% 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.

Press coverage about MANH stock has been trending positive recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Manhattan Associates earned a media sentiment score of 2.6 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an effect on the company's share price in the next few days.

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

Manhattan Associates' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.40%), Retirement Systems of Alabama (0.35%), Capital Insight Partners LLC (0.03%), Louisiana State Employees Retirement System (0.03%), Fox Run Management L.L.C. (0.02%) and Virtu Financial LLC (0.01%). 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 Virtu Financial LLC, Louisiana State Employees Retirement System and Capital Insight Partners 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 purchased by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Retirement Systems of Alabama, Fox Run Management L.L.C. and First Hawaiian 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 $47.37.

Manhattan Associates has a market capitalization of $3.04 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]