NASDAQ:MANHManhattan Associates Stock Price, Forecast & News

$90.98

-3.33 (-3.53 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$89.03

Now: $90.98▼

$94.91

50-Day Range

$52.00

MA: $69.79▼

$89.15

52-Week Range

$35.20

Now: $90.98▼

$95.02

Volume854,682 shs

Average Volume707,649 shs

Market Capitalization$5.78 billion

P/E Ratio67.39

Dividend YieldN/A

Beta2

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations. The company offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and store omni-channel solutions. It also provides inventory optimization and planning solutions; maintenance services comprising customer support services and software enhancements; professional services, such as solutions planning and implementation, and related consulting services; and training and change management services. In addition, the company resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. It offers products through direct sales personnel, as well as through partnership agreements with various organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1990 and is headquartered in Atlanta, Georgia.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Manhattan Associates has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $89.00, Manhattan Associates has a potential downside of 2.2% from its current price of $90.98.
Amount of Analyst Coverage
Manhattan Associates has only been the subject of 4 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Manhattan Associates has received 452 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Manhattan Associates has received 516 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Manhattan Associates has received 53.31% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Manhattan Associates and other stocks. Vote “Outperform” if you believe MANH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MANH will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Manhattan Associates does not currently pay a dividend.
Dividend Growth
Manhattan Associates does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Manhattan Associates insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,728,695.00 in company stock.
Percentage Held by Insiders
Only 0.74% of the stock of Manhattan Associates is held by insiders.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Manhattan Associates are expected to grow by 5.83% in the coming year, from $1.20 to $1.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Manhattan Associates is 67.39, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of Manhattan Associates is 67.39, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.74.
Price to Book Value per Share Ratio
Manhattan Associates has a P/B Ratio of 40.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.84 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryApplication Software

SectorComputer and Technology

Current SymbolNASDAQ:MANH

Previous Symbol

CUSIP56275010

CIK1056696

Webwww.manh.com

Phone770-955-7070

Debt

Debt-to-Equity Ratio0.24

Current Ratio1.23

Quick Ratio1.23

Price-To-Earnings

Trailing P/E Ratio67.39

Forward P/E Ratio75.82

P/E GrowthN/A

Sales & Book Value

Annual Sales$617.95 million

Price / Sales9.35

Cash Flow$1.51 per share

Price / Cash Flow60.15

Book Value$2.23 per share

Price / Book40.80

Profitability

EPS (Most Recent Fiscal Year)$1.32

Net Income$85.76 million

Net Margins14.01%

Return on Equity58.45%

Return on Assets22.80%

Miscellaneous

Employees3,400

Outstanding Shares63,497,000

Market Cap$5.78 billion

Next Earnings Date7/28/2020 (Estimated)

OptionableOptionable

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Manhattan Associates (NASDAQ:MANH) Frequently Asked Questions

How has Manhattan Associates' stock been impacted by COVID-19 (Coronavirus)?

Manhattan Associates' stock was trading at $64.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MANH shares have increased by 42.0% and is now trading at $90.98. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Manhattan Associates?

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.

When is Manhattan Associates' next earnings date?

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

How were Manhattan Associates' earnings last quarter?

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

What guidance has Manhattan Associates issued on next quarter's earnings?

Manhattan Associates updated 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 EPS estimate of $1.35. The company issued revenue guidance of $541-565 million, compared to the consensus revenue estimate of $604.62 million.

What price target have analysts set for MANH?

6 equities research analysts have issued 1 year price targets for Manhattan Associates' stock. Their forecasts range from $61.00 to $100.00. On average, they expect Manhattan Associates' share price to reach $89.00 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. View analysts' price targets for Manhattan Associates.

Has Manhattan Associates been receiving favorable news coverage?

News coverage about MANH stock has been trending somewhat negative on Tuesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Manhattan Associates earned a daily sentiment score of -1.6 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutManhattan Associates.

Are investors shorting Manhattan Associates?

Manhattan Associates saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 5,530,000 shares, a decrease of 7.4% from the April 30th total of 5,970,000 shares. Based on an average trading volume of 827,800 shares, the short-interest ratio is currently 6.7 days. Currently, 8.8% of the company's stock are sold short. View Manhattan Associates' Current Options Chain.

Who are some of Manhattan Associates' key competitors?

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), Fair Isaac (FICO), FactSet Research Systems (FDS) and Guidewire Software (GWRE). View all competitors.

What other stocks do shareholders of Manhattan Associates own?

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).

Who are Manhattan Associates' key executives?

Manhattan Associates' management team includes the following people:

Mr. Eddie Capel, Pres, CEO & Director (Age 58)
Dr. Deepak Raghavan, Founder & Independent Director (Age 52)
Mr. Dennis B. Story, Exec. VP, CFO & Treasurer (Age 55)
Ms. Linda C. Pinne, Sr. VP, Global Corp. Controller & Chief Accounting Officer (Age 45)
Mr. Bruce S. Richards, Sr. VP, Chief Legal Officer & Sec. (Age 64)

What is Manhattan Associates' stock symbol?

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

Who are Manhattan Associates' major shareholders?

Manhattan Associates' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.85%), Brown Capital Management LLC (9.35%), Atlanta Capital Management Co. L L C (7.99%), State Street Corp (2.48%), Alliancebernstein L.P. (2.46%) and Disciplined Growth Investors Inc. MN (2.00%). 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.

Which institutional investors are selling Manhattan Associates stock?

MANH stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, BlackRock Inc., Federated Hermes Inc., AQR Capital Management LLC, APG Asset Management N.V., APG Asset Management N.V., Bank of New York Mellon Corp, and Principal Financial Group 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 activity for Manhattan Associates.

Which institutional investors are buying Manhattan Associates stock?

MANH stock was purchased by a variety of institutional investors in the last quarter, including Disciplined Growth Investors Inc. MN, Alliancebernstein L.P., Wells Fargo & Company MN, Atlanta Capital Management Co. L L C, Eagle Asset Management Inc., Acadian Asset Management LLC, Boston Trust Walden Corp, and WCM Investment Management LLC. View insider buying and selling activity for Manhattan Associates.

How do I buy shares of 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.

What is Manhattan Associates' stock price today?

One share of MANH stock can currently be purchased for approximately $90.98.

How big of a company is Manhattan Associates?

Manhattan Associates has a market capitalization of $5.78 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.

What is Manhattan Associates' official website?

The official website for Manhattan Associates is www.manh.com.

How can I contact Manhattan Associates?

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]

This page was last updated on 6/2/2020 by MarketBeat.com Staff