Manhattan Associates Stock Today

MANH Stock  USD 230.44  2.01  0.88%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Manhattan Associates is trading at 230.44 as of the 18th of April 2024. This is a 0.88 percent up since the beginning of the trading day. The stock's open price was 228.43. Manhattan Associates has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for Manhattan Associates are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of May 2023 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
22nd of April 1998
Category
Technology
Classification
Information Technology
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia. Manhattan Assoc operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 61.57 M outstanding shares of which 1.17 M shares are now shorted by private and institutional investors with about 2.95 trading days to cover. More on Manhattan Associates

Moving together with Manhattan Stock

  0.62AI C3 Ai Inc Financial Report 29th of May 2024 PairCorr

Moving against Manhattan Stock

  0.7NOGWQ Nogin IncPairCorr
  0.62DOCU DocuSign Financial Report 13th of June 2024 PairCorr
  0.6DMAN Innovativ Media GroupPairCorr
  0.52DT Dynatrace Holdings LLC Buyout TrendPairCorr
  0.43WK Workiva Financial Report 7th of May 2024 PairCorr

Manhattan Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Manhattan Associates' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Manhattan Associates or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorEddie Capel
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Manhattan Associates report their recommendations after researching Manhattan Associates' financial statements, talking to executives and customers, or listening in on Manhattan Associates' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Manhattan Associates. The Manhattan consensus assessment is calculated by taking the average forecast from all of the analysts covering Manhattan Associates.
Financial Strength
Based on the key indicators related to Manhattan Associates' liquidity, profitability, solvency, and operating efficiency, Manhattan Associates may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Manhattan Associates is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.150.2622
Way Down
Slightly volatile
Asset Turnover1.021.3793
Way Down
Slightly volatile
Gross Profit Margin0.630.5363
Fairly Up
Pretty Stable
Total Current Liabilities384.2 M365.9 M
Sufficiently Up
Slightly volatile
Total Assets707 M673.4 M
Sufficiently Up
Slightly volatile
Total Current Assets503.1 M479.2 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities258.5 M246.2 M
Sufficiently Up
Slightly volatile
Manhattan Associates' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Manhattan Associates' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Manhattan Associates' financial leverage. It provides some insight into what part of Manhattan Associates' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Manhattan Associates' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Manhattan Associates deploys its capital and how much of that capital is borrowed.
Liquidity
Manhattan Associates cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 17.69 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. Manhattan Associates has a current ratio of 1.26, suggesting that it may not be capable to disburse its financial obligations when due. Debt can assist Manhattan Associates until it has trouble settling it off, either with new capital or with free cash flow. So, Manhattan Associates' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Manhattan Associates sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Manhattan to invest in growth at high rates of return. When we think about Manhattan Associates' use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

236.74 Million
Manhattan Associates (MANH) is traded on NASDAQ Exchange in USA. It is located in 2300 Windy Ridge Parkway, Atlanta, GA, United States, 30339 and employs 4,580 people. Manhattan Associates is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 14.23 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Manhattan Associates's market, we take the total number of its shares issued and multiply it by Manhattan Associates's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Manhattan Associates conducts business under Software sector and is part of Information Technology industry. The entity has 61.57 M outstanding shares of which 1.17 M shares are now shorted by private and institutional investors with about 2.95 trading days to cover. Manhattan Associates currently holds about 197.06 M in cash with 246.22 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.16.
Check Manhattan Associates Probability Of Bankruptcy
Ownership Allocation
Manhattan Associates holds a total of 61.57 Million outstanding shares. The majority of Manhattan Associates outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Manhattan Associates to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Manhattan Associates. Please pay attention to any change in the institutional holdings of Manhattan Associates as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Manhattan Ownership Details

Manhattan Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Manhattan Associates jumping above the current price in 90 days from now is about 83.19%. The Manhattan Associates probability density function shows the probability of Manhattan Associates stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Manhattan Associates has a beta of 0.4781. This indicates as returns on the market go up, Manhattan Associates average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Manhattan Associates will be expected to be much smaller as well. Additionally, manhattan Associates has an alpha of 0.1054, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 230.44HorizonTargetOdds Above 230.44
16.67%90 days
 230.44 
83.19%
Based on a normal probability distribution, the odds of Manhattan Associates to move above the current price in 90 days from now is about 83.19 (This Manhattan Associates probability density function shows the probability of Manhattan Stock to fall within a particular range of prices over 90 days) .

Manhattan Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Manhattan Associates that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Manhattan Associates' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Manhattan Associates' value.
InstituionRecorded OnShares
American Century Companies Inc2023-12-31
M
American Capital Management Inc2023-09-30
987.8 K
Franklin Resources Inc2023-12-31
873 K
Canada Pension Plan Investment Board2023-12-31
805.7 K
Goldman Sachs Group Inc2023-12-31
803.1 K
Arrowstreet Capital Limited Partnership2023-12-31
724.9 K
Norges Bank2023-12-31
682.6 K
Rgm Capital Llc2023-12-31
656.2 K
Northern Trust Corp2023-12-31
642.9 K
Blackrock Inc2023-12-31
M
Vanguard Group Inc2023-12-31
6.6 M
View Manhattan Associates Diagnostics

Manhattan Associates Historical Income Statement

Manhattan Associates Income Statement is one of the three primary financial statements used for reporting Manhattan's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Manhattan Associates revenue and expense. Manhattan Associates Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Manhattan Associates' Gross Profit is increasing as compared to previous years. The Manhattan Associates' current Other Operating Expenses is estimated to increase to about 754.8 M, while Total Operating Expenses is projected to decrease to under 148.2 M. View More Fundamentals

Manhattan Stock Against Markets

Picking the right benchmark for Manhattan Associates stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Manhattan Associates stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Manhattan Associates is critical whether you are bullish or bearish towards Manhattan Associates at a given time. Please also check how Manhattan Associates' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Manhattan Associates without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
All  Next Launch Module

Manhattan Associates Corporate Directors

Manhattan Associates corporate directors refer to members of a Manhattan Associates board of directors. The board of directors generally takes responsibility for the Manhattan Associates' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Manhattan Associates' board members must vote for the resolution. The Manhattan Associates board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Charles MoranIndependent DirectorProfile
Brian CassidyIndependent DirectorProfile
Edmond EgerDirectorProfile
Linda HollembaekDirectorProfile

How to buy Manhattan Stock?

Before investing in Manhattan Associates, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Manhattan Associates. To buy Manhattan Associates stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Manhattan Associates. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Manhattan Associates stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Manhattan Associates stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Manhattan Associates stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Manhattan Associates, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Manhattan Stock please use our How to Invest in Manhattan Associates guide.

Already Invested in Manhattan Associates?

The danger of trading Manhattan Associates is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Manhattan Associates is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Manhattan Associates. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Manhattan Associates is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Manhattan Associates offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manhattan Associates' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manhattan Associates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manhattan Associates Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manhattan Associates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Manhattan Stock please use our How to Invest in Manhattan Associates guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Manhattan Stock analysis

When running Manhattan Associates' price analysis, check to measure Manhattan Associates' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manhattan Associates is operating at the current time. Most of Manhattan Associates' value examination focuses on studying past and present price action to predict the probability of Manhattan Associates' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manhattan Associates' price. Additionally, you may evaluate how the addition of Manhattan Associates to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Money Managers
Screen money managers from public funds and ETFs managed around the world
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Is Manhattan Associates' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manhattan Associates. If investors know Manhattan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manhattan Associates listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.82
Revenue Per Share
15.024
Quarterly Revenue Growth
0.166
Return On Assets
0.211
Return On Equity
0.6992
The market value of Manhattan Associates is measured differently than its book value, which is the value of Manhattan that is recorded on the company's balance sheet. Investors also form their own opinion of Manhattan Associates' value that differs from its market value or its book value, called intrinsic value, which is Manhattan Associates' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manhattan Associates' market value can be influenced by many factors that don't directly affect Manhattan Associates' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manhattan Associates' value and its price as these two are different measures arrived at by different means. Investors typically determine if Manhattan Associates is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manhattan Associates' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.