NASDAQ:MANH - Manhattan Associates Stock Price, Price Target & More

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

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

Manhattan Associates, Inc. (NASDAQ:MANH) announced its quarterly earnings results on Tuesday, April, 24th. The software maker reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. The software maker earned $130.60 million during the quarter, compared to analyst estimates of $129.92 million. Manhattan Associates had a return on equity of 68.51% and a net margin of 19.07%. The company's revenue was down 9.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.42 EPS. View Manhattan Associates' Earnings History.

Manhattan Associates is scheduled to release their next quarterly earnings announcement on Wednesday, July, 18th 2018. View Earnings Estimates for Manhattan Associates.

Manhattan Associates issued an update on its FY18 earnings guidance on Tuesday, April, 24th. The company provided EPS guidance of $1.48-1.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.50. The company issued revenue guidance of $546-558 million, compared to the consensus revenue estimate of $550.47 million.

3 brokerages have issued twelve-month price objectives for Manhattan Associates' shares. Their forecasts range from $55.00 to $65.00. On average, they expect Manhattan Associates' share price to reach $60.00 in the next twelve months. View Analyst Ratings for Manhattan Associates.

Some companies that are related to Manhattan Associates include Cadence Design Systems (CDNS), UBISOFT Entmt S/ADR (UBSFY), Veeva Systems (VEEV), PTC (PTC), Temenos Group (TMNSF), Momo (MOMO), Nutanix (NTNX), Docusign (DOCU), Tyler Technologies (TYL), The Ultimate Software Group (ULTI), Tableau Software Inc Class A (DATA), Trend Micro (TMICY), Black Knight (BKI), Micro Focus International (MFGP) and Guidewire Software (GWRE).

Media stories about MANH stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Manhattan Associates earned a daily sentiment score of 0.23 on Accern's scale. They also assigned media stories about the software maker an impact score of 46.30 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Manhattan Associates' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Atlanta Capital Management Co. L L C (11.60%), BlackRock Inc. (8.82%), Neuberger Berman Group LLC (7.06%), Kayne Anderson Rudnick Investment Management LLC (4.09%), OppenheimerFunds Inc. (3.44%) and JPMorgan Chase & Co. (2.94%). Company insiders that own Manhattan Associates stock include Bruce Richards, Dennis B Story, Eddie Capel 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 Neuberger Berman Group LLC, Kayne Anderson Rudnick Investment Management LLC, Alambic Investment Management L.P., OppenheimerFunds Inc., WCM Investment Management CA, Atlanta Capital Management Co. L L C, Sei Investments Co. and Whittier Trust Co.. Company insiders that have sold Manhattan Associates company stock in the last year include Bruce Richards, Dennis B Story, Eddie Capel 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 Old Mutual Global Investors UK Ltd., Legal & General Group Plc, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Robeco Institutional Asset Management B.V., Mackay Shields LLC, JPMorgan Chase & Co. 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 $49.68.

Manhattan Associates has a market capitalization of $3.23 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.

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]