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Manhattan Associates (MANH)
NASDAQ:MANH
Manhattan Associates (MANH) Stock Price & Analysis
301 Followers
MANH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$182.97 - $266.94
Previous Close$218.59
Volume616.54K
Average Volume (3M)461.01K
Market Cap
$13.46B
Enterprise Value$13.21B
Total Cash (Recent Filing)$270.74M
Total Debt (Recent Filing)$17.69M
Price to Earnings (P/E)71.3
Beta1.48
Next Earnings
Jul 23, 2024EPS Estimate
$0.96Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.07
Shares Outstanding61,569,883
10 Day Avg. Volume380,843
30 Day Avg. Volume461,013
Standard Deviation0.12
R-Squared0.45
Alpha0.00858
Financial Highlights & Ratios
Price to Book (P/B)68.43
Price to Sales (P/S)62.05
Price to Cash Flow (P/CF)41.80
P/FCF Ratio40.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.22
Enterprise Value/Gross Profit26.51
Enterprise Value/Ebitda130.03
Forecast
1Y Price Target
$258.60Price Target Upside14.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Manhattan Associates News
PremiumCompany Announcements
Manhattan Associates’ Board Shakeup, Raghavan Resigns
Bulls Say, Bears Say
Bulls Say
Financial PerformanceTotal revenues grew 15% (or 20% excluding transition impacts), beating consensus by roughly $11 million.
InnovationOngoing innovation is evidenced by the announcement of Manhattan Active Supply Chain Planning and multiple gen AI functionalities.
Market PositionManhattan's rapid rate of innovation in its Active platform – including the new Iris software for POS and Fulfillment Insights for Omni – will continue to present a compelling value proposition for both existing and net new customers that supports growth of its overall business.
Bears Say
Investor SentimentInvestor expectations have moved higher and past responses to a quarter like 1Q24 have seen the stock trade lower.
Market ConditionsShrink is still up across the market, which is a big retail issue.
Stock PerformanceDespite the strong quarter, shares are indicated down 7% after hours, which is likely representative of a more muted guidance raise relative to the quarterly beat.
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Ownership Overview
1.79% Insiders
30.51% Mutual Funds
28.71% Other Institutional Investors
38.99% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MANH FAQ
What was Manhattan Associates’s price range in the past 12 months?
Manhattan Associates lowest stock price was $182.97 and its highest was $266.94 in the past 12 months.
What is Manhattan Associates’s market cap?
Currently, no data Available
When is Manhattan Associates’s upcoming earnings report date?
Manhattan Associates’s upcoming earnings report date is Jul 23, 2024 which is today.
How were Manhattan Associates’s earnings last quarter?
Manhattan Associates released its earnings results on Apr 23, 2024. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.869 by $0.161.
Is Manhattan Associates overvalued?
According to Wall Street analysts Manhattan Associates’s price is currently Undervalued.
Does Manhattan Associates pay dividends?
Manhattan Associates does not currently pay dividends.
What is Manhattan Associates’s EPS estimate?
Manhattan Associates’s EPS estimate is $0.96.
How many shares outstanding does Manhattan Associates have?
Manhattan Associates has 61,569,880 shares outstanding.
What happened to Manhattan Associates’s price movement after its last earnings report?
Manhattan Associates reported an EPS of $1.03 in its last earnings report, beating expectations of $0.869. Following the earnings report the stock price went down -10.541%.
Which hedge fund is a major shareholder of Manhattan Associates?
Among the largest hedge funds holding Manhattan Associates’s share is Fisher Asset Management LLC. It holds Manhattan Associates’s shares valued at 11M.
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Manhattan Associates Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$258.60 (14.86% Upside)
$258.60 (14.86% Upside)
Blogger Sentiment
Bullish
MANH Sentiment 80%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 3.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 12.4%
Last 30 Days ▲ 12.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.16%
12-Months-Change
Fundamentals
Return on Equity
91.08%
Trailing 12-Months
Asset Growth
27.11%
Trailing 12-Months
Company Description
Manhattan Associates
Manhattan Associates, Inc. engages in designing, building and delivering supply chain commerce solutions by converging front-end sales with back-end supply chain. It operates through the following geographical segment: The Americas; Europe, Middle East, and Africa; and Asia Pacific. The company was founded by Deepak Raghavan in October 1990 and is headquartered in Atlanta, GA.
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MANH Earnings Call
Q1 2024
0:00 / 0:00
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MANH Revenue Breakdown
52.53% Services
27.42% Cloud subscriptions
15.50% Maintenance
2.60% Hardware
1.96% Software license
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MANH Stock 12 Month Forecast
Average Price Target
$258.60
▲(14.86% Upside)
Technical Analysis
Best Analysts Covering MANH
1 Year
1 Year Success Rate
18/27 ratings generated profit
1 Year Average Return
+20.41%
reiterated a buy rating 6 days ago
Copying Terry Tillman's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +20.41% per trade.
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