A share price of Manhattan Associates, Inc [MANH] is currently trading at $174.49, up 0.99%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MANH shares have gain 4.70% over the last week, with a monthly amount drifted -6.95%, 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.
Manhattan Associates, Inc experienced fluctuations in its stock price throughout the past year between $163.10 and $312.60. 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 $174.49 at the most recent close of the market. An investor can expect a potential return of 74.34% based on the average MANH price forecast.
Analyzing the MANH fundamentals
Trailing Twelve Months sales for Manhattan Associates, Inc [NASDAQ:MANH] were 1.04B which represents 7.36% growth. 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 172.86 points at the first support level, and at 171.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 176.34, and for the 2nd resistance point, it is at 178.18.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Manhattan Associates, Inc [NASDAQ:MANH] is 1.23. Also, the Quick Ratio is 1.23, while the Cash Ratio stands at 0.67. Considering the valuation of this stock, the price to sales ratio is 10.23, the price to book ratio is 35.54 and price to earnings (TTM) ratio is 49.65.
Transactions by insiders
Recent insider trading involved STORY DENNIS B, EVP, CFO & Treasurer, that happened on Mar 06 ’25 when 2788.0 shares were sold. Officer, STORY DENNIS B completed a deal on Mar 06 ’25 to buy 2788.0 shares. Meanwhile, Officer Gantt James Stewart bought 3475.0 shares on Nov 26 ’24.
