How to buy Manhattan Associates (MANH) stock

Manhattan Associates, Inc is a software-application business based in the US. Manhattan Associates shares (MANH) are listed on the NASDAQ and all prices are listed in US Dollars. Manhattan Associates employs 3,500 staff and has a trailing 12-month revenue of around 0.00.

Manhattan Associates stock price (NASDAQ: MANH)

Use our graph to track the performance of MANH stocks over time.

Manhattan Associates shares at a glance

• Key figures

Information last updated 2021-07-22.

Latest market close	$135.98
52-week range	$83.74 - $149.64
50-day moving average	$142.75
200-day moving average	$128.96
Wall St. target price	$156.00
PE ratio	107.625
Dividend yield	N/A (0%)
Earnings per share (TTM)	$1.36

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Is it a good time to buy Manhattan Associates stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Manhattan Associates, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Manhattan Associates price performance over time

Historical closes compared with the close of $135.98 from 2021-05-28

1 week (2021-07-14)	N/A
1 month (2021-06-25)	-6.61%
3 months (2021-04-21)	N/A
6 months (2021-01-21)	N/A

1 year (2020-07-21)	N/A
2 years (2019-07-21)	N/A
3 years (2018-07-21)	N/A
5 years (2016-07-21)	N/A

Is Manhattan Associates under- or over-valued?

Valuing Manhattan Associates stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Manhattan Associates's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Manhattan Associates's P/E ratio

Manhattan Associates's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 108x. In other words, Manhattan Associates shares trade at around 108x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Manhattan Associates's PEG ratio

Manhattan Associates's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.2744. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Manhattan Associates's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Manhattan Associates's EBITDA

Manhattan Associates's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $124 million.

The EBITDA is a measure of a Manhattan Associates's overall financial performance and is widely used to measure a its profitability.

Manhattan Associates financials

Revenue TTM	$589.3 million
Operating margin TTM	19.56%
Gross profit TTM	$316.5 million
Return on assets TTM	17.87%
Return on equity TTM	52.86%
Profit margin	14.82%
Book value	$3.22
Market capitalisation	$9.3 billion

TTM: trailing 12 months

Shorting Manhattan Associates shares

There are currently 826,611 Manhattan Associates shares held short by investors – that's known as Manhattan Associates's "short interest". This figure is 17.7% down from 1.0 million last month.

There are a few different ways that this level of interest in shorting Manhattan Associates shares can be evaluated.

Manhattan Associates's "short interest ratio" (SIR)

Manhattan Associates's "short interest ratio" (SIR) is the quantity of Manhattan Associates shares currently shorted divided by the average quantity of Manhattan Associates shares traded daily (recently around 351749.36170213). Manhattan Associates's SIR currently stands at 2.35. In other words for every 100,000 Manhattan Associates shares traded daily on the market, roughly 2350 shares are currently held short.

However Manhattan Associates's short interest can also be evaluated against the total number of Manhattan Associates shares, or, against the total number of tradable Manhattan Associates shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Manhattan Associates's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Manhattan Associates shares in existence, roughly 10 shares are currently held short) or 0.0131% of the tradable shares (for every 100,000 tradable Manhattan Associates shares, roughly 13 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Manhattan Associates.

Find out more about how you can short Manhattan Associates stock.

Manhattan Associates share dividends

We're not expecting Manhattan Associates to pay a dividend over the next 12 months.

Have Manhattan Associates's shares ever split?

Manhattan Associates's shares were split on a 4:1 basis on 12 January 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Manhattan Associates shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for Manhattan Associates shares which in turn could have impacted Manhattan Associates's share price.

Manhattan Associates share price volatility

Over the last 12 months, Manhattan Associates's shares have ranged in value from as little as $83.74 up to $149.64. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Manhattan Associates's is 1.9418. This would suggest that Manhattan Associates's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Manhattan Associates overview

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. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Frequently asked questions

What percentage of Manhattan Associates is owned by insiders or institutions?
Currently 1.414% of Manhattan Associates shares are held by insiders and 101.593% by institutions. How many people work for Manhattan Associates?
Latest data suggests 3,500 work at Manhattan Associates. When does the fiscal year end for Manhattan Associates?
Manhattan Associates's fiscal year ends in December. Where is Manhattan Associates based?
Manhattan Associates's address is: 2300 Windy Ridge Parkway, Atlanta, GA, United States, 30339 What is Manhattan Associates's ISIN number?
Manhattan Associates's international securities identification number is: US5627501092 What is Manhattan Associates's CUSIP number?
Manhattan Associates's Committee on Uniform Securities Identification Procedures number is: 562750109