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 approved a stock repurchase plan on Wednesday, February 7th 2018, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

Manhattan Associates, Inc. (NASDAQ:MANH) posted its quarterly earnings results on Tuesday, July, 23rd. The software maker reported $0.42 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.17. The software maker had revenue of $154.30 million for the quarter, compared to analyst estimates of $146 million. Manhattan Associates had a return on equity of 66.00% and a net margin of 16.33%. The business's revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 EPS. 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 issued an update on its FY19 earnings guidance on Tuesday, July, 23rd. The company provided 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 equities research analysts have issued 12-month price targets for Manhattan Associates' shares. Their predictions range from $90.00 to $100.00. On average, they anticipate Manhattan Associates' share price to reach $94.00 in the next twelve months. This suggests a possible upside of 22.9% 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.

Media coverage about MANH stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Manhattan Associates earned a news impact score of 0.8 on InfoTrie's scale. They also assigned media coverage about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Manhattan Associates.

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

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%), Boston Trust Walden Corp (0.82%), Robeco Institutional Asset Management B.V. (0.30%), West Coast Financial LLC (0.07%), Denali Advisors LLC (0.05%) and Pacer Advisors Inc. (0.04%). 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, Boston Trust Walden Corp, Robeco Institutional Asset Management B.V., Douglas Lane & Associates LLC, West Coast Financial LLC, Stephens Investment Management Group LLC, CIBC Private Wealth Group LLC and Envestnet Asset Management 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 $76.50.

Manhattan Associates has a market capitalization of $4.92 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]