Manhattan Associates, Inc [MANH] stock prices are down -1.52% to $187.52 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The MANH shares have gain 5.53% over the last week, with a monthly amount drifted -31.92%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Manhattan Associates, Inc [NASDAQ: MANH] stock has seen the most recent analyst activity on February 13, 2025, when William Blair upgraded its rating to a Outperform. Previously, Piper Sandler started tracking the stock with Overweight rating on November 25, 2024, and set its price target to $326. On April 25, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $240 on the stock. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $260 on March 13, 2024. Rosenblatt downgraded its rating to a Neutral but $150 remained the price target by the analyst firm on April 11, 2023. DA Davidson started tracking with a Neutral rating for this stock on February 22, 2023, and assigned it a price target of $145. In a note dated March 22, 2022, Raymond James upgraded an Outperform rating on this stock but restated the target price of $170.
The stock price of Manhattan Associates, Inc [MANH] has been fluctuating between $169.94 and $312.60 over the past year. Currently, Wall Street analysts expect the stock to reach $304.2 within the next 12 months. Manhattan Associates, Inc [NASDAQ: MANH] shares were valued at $187.52 at the most recent close of the market. An investor can expect a potential return of 62.22% based on the average MANH price forecast.
Analyzing the MANH fundamentals
The Manhattan Associates, Inc [NASDAQ:MANH] reported sales of 1.04B for trailing twelve months, representing a surge of 7.36%. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.29, Equity is 0.83 and Total Capital is 0.73. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 184.76 points at the first support level, and at 181.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 191.14, and for the 2nd resistance point, it is at 194.75.
Ratios To Look Out For
It’s worth pointing out that Manhattan Associates, Inc [NASDAQ:MANH]’s Current Ratio is 1.23. On the other hand, the Quick Ratio is 1.23, and the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 11.00, the price to book ratio is 38.19 and price to earnings (TTM) ratio is 53.36.
Transactions by insiders
Recent insider trading involved Gantt James Stewart, Officer, that happened on Nov 26 ’24 when 3475.0 shares were purchased. SVP, CLO & Secretary, Richards Bruce completed a deal on Nov 29 ’24 to sell 4150.0 shares. Meanwhile, EVP, Professional Services Gantt James Stewart sold 3475.0 shares on Nov 26 ’24.
