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NASDAQ:MANH

Manhattan Associates (MANH) Stock Price, News & Analysis

Manhattan Associates logo
$271.56 +0.82 (+0.30%)
(As of 11/20/2024 ET)

About Manhattan Associates Stock (NASDAQ:MANH)

Key Stats

Today's Range
$268.22
$274.20
50-Day Range
$263.36
$304.64
52-Week Range
$199.23
$307.50
Volume
229,886 shs
Average Volume
413,020 shs
Market Capitalization
$16.59 billion
P/E Ratio
77.15
Dividend Yield
N/A
Price Target
$286.38
Consensus Rating
Moderate Buy

Company Overview

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Warehouse Management Solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and Transportation Management Solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, POS, and customer engagement tools for enterprises and stores. The company also provides inventory optimization and allocation solutions; technology platform including Manhattan Active Platform solutions, a cloud-native product designed to provide version-less product access; maintenance services, which offers on-premises software licensees with software upgrades for additional or improved functionality and technological advances; and professional services, such as solutions planning and implementation, and related consulting services. In addition, it provides training and change management services; and resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel and partnership agreements with various organizations. It serves retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, high technology and electronics, life sciences, and government industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.

Manhattan Associates Stock Analysis - MarketRank™

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77th Percentile Overall Score

MANH MarketRank™: 

Manhattan Associates scored higher than 77% of companies evaluated by MarketBeat, and ranked 227th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Manhattan Associates has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Manhattan Associates has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Manhattan Associates' stock forecast and price target.
  • Earnings Growth

    Earnings for Manhattan Associates are expected to grow by 4.12% in the coming year, from $3.40 to $3.54 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Manhattan Associates is 77.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Manhattan Associates is 77.15, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 258.40.

  • Price to Book Value per Share Ratio

    Manhattan Associates has a P/B Ratio of 60.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Manhattan Associates' valuation and earnings.
  • Percentage of Shares Shorted

    3.96% of the float of Manhattan Associates has been sold short.
  • Short Interest Ratio / Days to Cover

    Manhattan Associates has a short interest ratio ("days to cover") of 6.
  • Change versus previous month

    Short interest in Manhattan Associates has recently increased by 12.74%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Manhattan Associates does not currently pay a dividend.

  • Dividend Growth

    Manhattan Associates does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.96% of the float of Manhattan Associates has been sold short.
  • Short Interest Ratio / Days to Cover

    Manhattan Associates has a short interest ratio ("days to cover") of 6.
  • Change versus previous month

    Short interest in Manhattan Associates has recently increased by 12.74%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Manhattan Associates has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Manhattan Associates this week, compared to 11 articles on an average week.
  • Search Interest

    3 people have searched for MANH on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Manhattan Associates to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Manhattan Associates insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.72% of the stock of Manhattan Associates is held by insiders.

  • Percentage Held by Institutions

    98.45% of the stock of Manhattan Associates is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Manhattan Associates' insider trading history.
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MANH Stock News Headlines

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MANH Stock Analysis - Frequently Asked Questions

Manhattan Associates' stock was trading at $215.32 at the beginning of 2024. Since then, MANH shares have increased by 26.1% and is now trading at $271.56.
View the best growth stocks for 2024 here
.

Manhattan Associates, Inc. (NASDAQ:MANH) released its quarterly earnings results on Tuesday, October, 22nd. The software maker reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.29. The firm's revenue was up 11.9% compared to the same quarter last year.

The following companies are subsidiaries of Manhattan Associates: Evant, Performance Analysis Corp, Manhattan Associates Chile SpA, Manhattan Associates Europe B.V., Manhattan Associates France SARL, Manhattan Associates GmbH, Manhattan Associates India Development Centre Private Limited, and others.

Manhattan Associates' top institutional shareholders include State Street Corp (3.61%), FMR LLC (3.14%), Geode Capital Management LLC (2.48%) and Brown Capital Management LLC (1.38%). Insiders that own company stock include Eddie Capel, Thomas E Noonan, Dennis B Story, John J Huntz Jr, James Stewart Gantt, Bruce Richards, Deepak Raghavan, Edmond Eger and Linda T Hollembaek.
View institutional ownership trends
.

Shares of MANH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Manhattan Associates investors own include Salesforce (CRM), AbbVie (ABBV), ConocoPhillips (COP), Coca-Cola (KO), QUALCOMM (QCOM), Chevron (CVX) and Bristol-Myers Squibb (BMY).

Company Calendar

Last Earnings
10/22/2024
Today
11/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:MANH
CUSIP
56275010
Employees
4,580
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$286.38
High Stock Price Target
$315.00
Low Stock Price Target
$225.00
Potential Upside/Downside
+5.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$176.57 million
Pretax Margin
25.75%

Debt

Sales & Book Value

Annual Sales
$928.72 million
Cash Flow
$2.95 per share
Book Value
$4.52 per share

Miscellaneous

Free Float
60,635,000
Market Cap
$16.59 billion
Optionable
Optionable
Beta
1.52

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This page (NASDAQ:MANH) was last updated on 11/21/2024 by MarketBeat.com Staff
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