Manhattan Associates, Inc (NASDAQ: MANH) is -2.16% lower on its value in year-to-date trading and has touched a low of $140.81 and a high of $312.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MANH stock was last observed hovering at around $217.71 in the last trading session, with the day’s gains setting it 2.57%.
Currently trading at $220.28, the stock is 9.36% and 12.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 1.18% at the moment leaves the stock -1.21% off its SMA200. MANH registered -18.49% loss for a year compared to 6-month loss of -21.87%. The firm has a 50-day simple moving average (SMA 50) of $194.9994 and a 200-day simple moving average (SMA200) of $222.97244.
The stock witnessed a 13.17% gain in the last 1 month and extending the period to 3 months gives it a 28.11%, and is 8.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.33% over the week and 2.96% over the month.
Manhattan Associates, Inc (MANH) has around 4690 employees, a market worth around $13.37B and $1.06B in sales. Current P/E ratio is 61.38 and Fwd P/E is 42.14. Profit margin for the company is 20.91%. Distance from 52-week low is 56.44% and -29.53% from its 52-week high. The company has generated returns on investments over the last 12 months (67.56%).
The EPS is expected to grow by 1.49% this year
867.0 institutions hold shares in Manhattan Associates, Inc (MANH), with institutional investors hold 104.69% of the company’s shares. The shares outstanding are 60.47M, and float is at 59.84M with Short Float at 3.48%. Institutions hold 103.20% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.37 million shares valued at $2.56 billion. The investor’s holdings represent 16.8882 of the MANH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.64 million shares valued at $1.64 billion to account for 10.8045 of the shares outstanding. The other top investors are ALLIANCEBERNSTEIN L.P. which holds 3.59 million shares representing 5.8466 and valued at over $885.83 million, while STATE STREET CORP holds 3.5661 of the shares totaling 2.19 million with a market value of $540.32 million.
Manhattan Associates, Inc (MANH) Insider Activity
The most recent transaction is an insider sale by STORY DENNIS B, the company’s EVP, CFO & Treasurer. SEC filings show that STORY DENNIS B sold 2,788 shares of the company’s common stock on Mar 06 ’25 at a price of $170.83 per share for a total of $0.48 million. Following the sale, the insider now owns 0.1 million shares.
