Manhattan Associates Stock Price, News & Analysis (NASDAQ:MANH)

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

Manhattan Associates announced that its board has initiated a stock repurchase program on Wednesday, February 7th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) announced its quarterly earnings results on Tuesday, July, 23rd. The software maker reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.17. The software maker earned $154.30 million during the quarter, compared to analysts' expectations of $146 million. Manhattan Associates had a return on equity of 66.00% and a net margin of 16.33%. Manhattan Associates's revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 earnings per share. View Manhattan Associates' Earnings History.

Manhattan Associates is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Manhattan Associates.

Manhattan Associates will be holding an earnings conference call on Tuesday, October 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Manhattan Associates updated its FY19 earnings guidance on Tuesday, July, 23rd. The company provided earnings per share (EPS) guidance of $1.46-1.50 for the period, compared to the Thomson Reuters consensus estimate of $1.44. The company issued revenue guidance of $598-604 million, compared to the consensus revenue estimate of $588.50 million.

3 analysts have issued twelve-month target prices for Manhattan Associates' stock. Their forecasts range from $90.00 to $100.00. On average, they anticipate Manhattan Associates' stock price to reach $94.00 in the next year. This suggests a possible upside of 20.0% from the stock's current price. View Analyst Price Targets for Manhattan Associates.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Associates in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Manhattan Associates.

News headlines about MANH stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 0.8 on InfoTrie's scale. They also assigned news headlines about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Manhattan Associates.

Some companies that are related to Manhattan Associates include Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), Splunk (SPLK), Check Point Software Technologies (CHKP), Twilio (TWLO), Tableau Software (DATA), Symantec (SYMC), Atlassian (TEAM), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Citrix Systems (CTXS), SS&C Technologies (SSNC), Paycom Software (PAYC), Okta (OKTA) and Docusign (DOCU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Manhattan Associates investors own include Aralez Pharmaceuticals (ARLZ), Visa (V), Gilead Sciences (GILD), Netflix (NFLX), Starbucks (SBUX), Skyworks Solutions (SWKS), Southwest Airlines (LUV), Nike (NKE), Broadcom (AVGO) and Biogen (BIIB).

Manhattan Associates' stock is owned by a number of of retail and institutional investors. Top institutional investors include Stephens Investment Management Group LLC (1.11%), Robeco Institutional Asset Management B.V. (0.30%), West Coast Financial LLC (0.07%), Denali Advisors LLC (0.05%), Pacer Advisors Inc. (0.04%) and Capital Insight Partners LLC (0.03%). Company insiders that own Manhattan Associates stock include Bruce Richards, Dennis B Story, Eddie Capel, Edmond Eger, John J Huntz Jr and Robert G Howell. View Institutional Ownership Trends for Manhattan Associates.

MANH stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Robeco Institutional Asset Management B.V., Douglas Lane & Associates LLC, West Coast Financial LLC, Stephens Investment Management Group LLC, CIBC Private Wealth Group LLC, Envestnet Asset Management Inc. and Pacer Advisors Inc.. Company insiders that have sold Manhattan Associates company stock in the last year include Bruce Richards, Dennis B Story, Eddie Capel, John J Huntz Jr and Robert G Howell. View Insider Buying and Selling for Manhattan Associates.

MANH stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Meeder Asset Management Inc., Fox Run Management L.L.C. and Zurcher Kantonalbank Zurich Cantonalbank . 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, Robinhood, Fidelity and Charles Schwab.

One share of MANH stock can currently be purchased for approximately $78.36.

Manhattan Associates has a market capitalization of $5.04 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.View Additional Information About Manhattan Associates.

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]