Manhattan Associates (MANH) Stock Insights
MANH$239.23+5.25 +2.24%
$13.95B
Market Cap
64.99
P/E
43.52
Forward P/E
49
Score
Manhattan Associates (MANH) Stock Insights
MANH price $239.23 +5.25 +2.24%
- Ticker
- MANH
- Price
- $239.23
- Change
- +5.25 +2.24%
- Market cap ?
- $13.95B
- P/E ?
- 64.99
- Forward P/E ?
- 43.52
- Dividend yield ?
- 0.00%
- Beta ?
- 0.95
- Sector
- Technology
- Industry
- Software - Application
- Stocklytics score
- 49
- Value
- 20
- Quality
- 76
- Growth
- 52
Stocklytics score rationale: value 20, quality 76, growth 52.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 604557000 | 594599000 | 559157000 | 617949000 | 586372000 | 663643000 | 767084000 | 928725000 | 1042352000 | 1081392000 |
Manhattan Associates, Inc. develops comprehensive software solutions to manage and optimize supply chains, inventory, and omni-channel operations. Their product portfolio features Manhattan SCALE, a suite of logistics execution tools covering aspects like trading partner management, yard optimization, warehouse management, and transportation execution. Additionally, they offer Manhattan Active, which provides…
Fair value
MANH fair value $196.96. Price $239.23. Price is 21% above fair value.
Above fair value, but less expensive than usual. A smaller premium than on 68% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 379.61M. Growth 10.67%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.54% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 58.31M. Net debt -216.39M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-01-26 | — | 1.39 | — | 290.06M |
| 2026-10-27 | 1.55 | 1.46 | 306.19M | 297.01M |
| 2026-07-28 | 1.39 | 1.32 | 297.79M | 289.03M |
| 2026-04-21 | 1.24 | 1.10 | 282.21M | 273.70M |
| 2026-01-27 | 1.21 | 1.11 | 270.39M | 264.73M |
| 2025-10-21 | 1.36 | 1.19 | 275.80M | 271.78M |
| 2025-07-22 | 1.31 | 1.13 | 272.42M | 263.72M |
| 2025-04-22 | 1.19 | 1.03 | 262.79M | 256.51M |
| 2025-01-28 | 1.17 | 1.06 | 255.80M | 253.06M |
| 2024-10-22 | 1.35 | 1.06 | 266.68M | 262.90M |
| 2024-07-23 | 1.18 | 0.96 | 265.32M | 255.83M |
| 2024-04-23 | 1.03 | 0.87 | 254.55M | 243.41M |
| 2024-01-30 | 1.03 | 0.80 | 238.25M | 223.97M |
| 2023-10-24 | 1.05 | 0.77 | 238.44M | 226.21M |
| 2023-07-25 | 0.88 | 0.72 | 231.02M | 216.69M |
| 2023-04-25 | 0.80 | 0.64 | 221.01M | 200.51M |
| 2023-02-02 | 0.81 | 0.49 | 198.10M | 182.71M |
| 2022-10-25 | 0.66 | 0.57 | 198.10M | 185.47M |
| 2022-07-26 | 0.69 | 0.53 | 191.92M | 179.55M |
| 2022-04-26 | 0.60 | 0.45 | 178.96M | 169.12M |
| 2022-02-01 | 0.48 | 0.38 | 171.49M | 162.84M |
| 2021-10-26 | 0.71 | 0.54 | 169.19M | 164.00M |
| 2021-07-27 | 0.61 | 0.43 | 166.11M | 164.00M |
| 2021-04-27 | 0.43 | 0.32 | 156.85M | 143.74M |
| 2021-02-02 | 0.45 | 0.32 | 147.08M | 144.09M |
| 2020-10-22 | 0.51 | 0.40 | 149.76M | 114.52M |
| 2020-07-23 | 0.40 | 0.35 | 135.63M | 115.29M |
| 2020-04-21 | 0.40 | 0.33 | 153.90M | 126.97M |
| 2020-02-04 | 0.40 | 0.31 | 152.93M | 118.52M |
| 2019-10-22 | 0.51 | 0.36 | 162.28M | 114.55M |
| 2019-07-23 | 0.42 | 0.34 | 154.34M | 128.62M |
| 2019-04-23 | 0.41 | 0.34 | 148.40M | 123.07M |
| 2019-02-05 | 0.46 | 0.37 | 144.37M | 116.12M |
| 2018-10-23 | 0.49 | 0.40 | 142.35M | 116.24M |
| 2018-07-24 | 0.47 | 0.41 | 141.87M | 123.79M |
| 2018-04-24 | 0.37 | 0.31 | 130.57M | 109.42M |
| 2018-02-06 | 0.45 | 0.45 | 144.09M | 144.10M |
| 2017-10-24 | 0.51 | 0.49 | 152.88M | 146.90M |
| 2017-07-20 | 0.50 | 0.48 | 154.14M | 147.94M |
| 2017-04-20 | 0.42 | 0.38 | 143.49M | 129.83M |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-11 | Clark Eric Andrew | Sell | 3.00K | $197.76 | 593.28K |
| 2026-08-06 | Hollembaek Linda T. | Sell | 1.58K | $189.88 | 299.82K |
| 2026-07-30 | Gantt James Stewart | Sell | 5.14K | $195.53 | 1.00M |
| 2026-06-15 | MORAN CHARLES E | Sell | 1.33K | — | — |
| 2026-06-10 | Clark Eric Andrew | Sell | 1.00K | $146.77 | 146.77K |
| 2026-05-14 | SHEER DANIELLE | Buy | 1.94K | — | — |
| 2026-05-14 | Kuryea Kimberly A | Buy | 1.94K | — | — |
| 2026-05-14 | Hollembaek Linda T. | Buy | 1.94K | — | — |
| 2026-05-14 | Eger Edmond | Buy | 1.94K | — | — |
| 2026-05-14 | NOONAN THOMAS E | Buy | 1.94K | — | — |
| 2026-05-14 | MORAN CHARLES E | Buy | 1.94K | — | — |
| 2026-05-14 | Capel Eddie | Buy | 1.94K | — | — |
| 2026-04-24 | Gantt James Stewart | Sell | 7.30K | $139.25 | 1.02M |
| 2026-04-01 | Pinne Linda C. | Buy | 5.32K | — | — |
| 2026-02-28 | STORY DENNIS B | Sell | 1.33K | $135.43 | 180.66K |
| 2026-02-28 | Richards Bruce | Sell | 508 | $135.43 | 68.80K |
| 2026-02-28 | Pinne Linda C. | Sell | 75 | $135.43 | 10.16K |
| 2026-02-28 | Howell Robert G | Sell | 1.47K | $135.43 | 198.68K |
| 2026-02-28 | Clark Eric Andrew | Sell | 1.59K | $135.43 | 216.01K |
| 2026-02-28 | Capel Eddie | Sell | 2.21K | $135.43 | 299.71K |
| 2026-02-28 | Gantt James Stewart | Sell | 1.47K | $135.43 | 198.68K |
| 2026-02-14 | Clark Eric Andrew | Sell | 4.76K | $140.45 | 668.26K |
| 2026-02-04 | STORY DENNIS B | Buy | 13.67K | — | — |
| 2026-02-04 | Richards Bruce | Buy | 3.42K | — | — |
| 2026-02-04 | Pinne Linda C. | Buy | 2.05K | — | — |
| 2026-02-04 | Howell Robert G | Buy | 13.67K | — | — |
| 2026-02-04 | Gantt James Stewart | Buy | 13.67K | — | — |
| 2026-02-04 | Clark Eric Andrew | Buy | 34.17K | — | — |
| 2026-01-31 | Clark Eric Andrew | Sell | 878 | $151.01 | 132.59K |
| 2026-01-31 | Capel Eddie | Sell | 26.26K | $151.01 | 3.97M |
| 2026-01-31 | STORY DENNIS B | Sell | 9.54K | $151.01 | 1.44M |
| 2026-01-31 | Howell Robert G | Sell | 8.20K | $151.01 | 1.24M |
| 2026-01-31 | Richards Bruce | Sell | 2.34K | $151.01 | 353.21K |
| 2026-01-31 | Gantt James Stewart | Sell | 6.42K | $151.01 | 968.88K |
| 2026-01-31 | Pinne Linda C. | Sell | 1.29K | $151.01 | 195.10K |
| 2026-01-22 | STORY DENNIS B | Buy | 2.56K | — | — |
| 2026-01-22 | STORY DENNIS B | Buy | 9.42K | — | — |
| 2026-01-22 | Richards Bruce | Buy | 975 | — | — |
| 2026-01-22 | Richards Bruce | Buy | 3.59K | — | — |
| 2026-01-22 | Pinne Linda C. | Buy | 217 | — | — |
| 2026-01-22 | Pinne Linda C. | Buy | 798 | — | — |
| 2026-01-22 | Howell Robert G | Buy | 2.81K | — | — |
| 2026-01-22 | Howell Robert G | Buy | 10.35K | — | — |
| 2026-01-22 | Capel Eddie | Buy | 19.88K | — | — |
| 2026-01-22 | Clark Eric Andrew | Buy | 16.21K | — | — |
| 2026-01-22 | Gantt James Stewart | Buy | 2.81K | — | — |
| 2026-01-22 | Gantt James Stewart | Buy | 10.35K | — | — |
| 2025-12-09 | Eger Edmond | Sell | 5.68K | — | — |
| 2025-12-09 | Richards Bruce | Sell | 351 | — | — |
| 2025-11-28 | Clark Eric Andrew | Sell | 1.60K | $176.40 | 282.24K |
| 2025-10-21 | MORAN CHARLES E | Sell | 20.81K | — | — |
| 2025-08-28 | Gantt James Stewart | Sell | 1.03K | $218.79 | 224.48K |
| 2025-08-28 | Gantt James Stewart | Sell | 1.27K | $218.62 | 278.52K |
| 2025-07-30 | STORY DENNIS B | Buy | 2.56K | — | — |
| 2025-07-30 | Richards Bruce | Buy | 974 | — | — |
| 2025-07-30 | Pinne Linda C. | Buy | 216 | — | — |
| 2025-07-30 | Howell Robert G | Buy | 2.81K | — | — |
| 2025-07-30 | Gantt James Stewart | Buy | 2.81K | — | — |
| 2025-07-29 | Capel Eddie | Sell | 596 | $225.04 | 134.13K |
| 2025-07-29 | Capel Eddie | Sell | 3.96K | $221.47 | 876.37K |
| 2025-07-29 | Capel Eddie | Sell | 4.60K | $219.48 | 1.01M |
| 2025-07-29 | Capel Eddie | Sell | 5.43K | $222.12 | 1.21M |
| 2025-07-29 | Capel Eddie | Sell | 6.31K | $224.37 | 1.42M |
| 2025-07-29 | Capel Eddie | Sell | 7.09K | $220.21 | 1.56M |
| 2025-07-29 | Capel Eddie | Sell | 9.37K | $223.66 | 2.09M |
| 2025-07-29 | Hollembaek Linda T. | Sell | 300 | $222.18 | 66.65K |
| 2025-07-29 | Hollembaek Linda T. | Sell | 1.72K | $221.42 | 381.72K |
| 2025-07-25 | Gantt James Stewart | Sell | 2.30K | $220.33 | 506.76K |
| 2025-05-13 | SHEER DANIELLE | Buy | 1.33K | — | — |
| 2025-05-13 | NOONAN THOMAS E | Buy | 1.33K | — | — |
| 2025-05-13 | MORAN CHARLES E | Buy | 1.33K | — | — |
| 2025-05-13 | Kuryea Kimberly A | Buy | 1.33K | — | — |
| 2025-05-13 | Hollembaek Linda T. | Buy | 1.33K | — | — |
| 2025-05-13 | Eger Edmond | Buy | 1.33K | — | — |
| 2025-05-13 | SHEER DANIELLE | Other | 0 | — | — |
| 2025-03-06 | STORY DENNIS B | Sell | 2.79K | $170.83 | 476.26K |
| 2025-02-28 | STORY DENNIS B | Sell | 640 | $176.88 | 113.20K |
| 2025-02-28 | Richards Bruce | Sell | 228 | $176.88 | 40.33K |
| 2025-02-28 | Pinne Linda C. | Sell | 79 | $176.88 | 13.97K |
| 2025-02-28 | Howell Robert G | Sell | 525 | $176.88 | 92.86K |
| 2025-02-28 | Gantt James Stewart | Sell | 489 | $176.88 | 86.49K |
| 2025-02-28 | Capel Eddie | Sell | 2.98K | $176.88 | 527.99K |
| 2025-02-14 | Clark Eric Andrew | Sell | 5.62K | $190.41 | 1.07M |
| 2025-02-12 | Clark Eric Andrew | Buy | 13.74K | — | — |
| 2025-02-12 | Clark Eric Andrew | Buy | 43.97K | — | — |
| 2025-02-12 | Clark Eric Andrew | Other | 0 | — | — |
| 2025-01-31 | Capel Eddie | Sell | 27.10K | $208.59 | 5.65M |
| 2025-01-31 | Gantt James Stewart | Sell | 5.18K | $208.59 | 1.08M |
| 2025-01-31 | Howell Robert G | Sell | 7.11K | $208.59 | 1.48M |
| 2025-01-31 | Richards Bruce | Sell | 2.31K | $208.59 | 482.26K |
| 2025-01-31 | Pinne Linda C. | Sell | 1.12K | $208.59 | 234.46K |
| 2025-01-31 | STORY DENNIS B | Sell | 8.72K | $208.59 | 1.82M |
| 2025-01-23 | Richards Bruce | Buy | 1.29K | — | — |
| 2025-01-23 | Richards Bruce | Buy | 1.75K | — | — |
| 2025-01-23 | Richards Bruce | Buy | 2.04K | — | — |
| 2025-01-23 | Pinne Linda C. | Buy | 676 | — | — |
| 2025-01-23 | Pinne Linda C. | Buy | 1.06K | — | — |
| 2025-01-23 | Gantt James Stewart | Buy | 2.95K | — | — |
| 2025-01-23 | Gantt James Stewart | Buy | 4.36K | — | — |
| 2025-01-23 | Gantt James Stewart | Buy | 5.83K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 516, holders -29 vs prior quarter. Ownership 107.88%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 6.78M | -63.32K | -0.93% | 944.29M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.86M | -11.85K | -0.31% | 537.21M |
| FMR LLC | 3.61M | 307.89K | +9.32% | 502.87M |
| T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 3.39M | -153.01K | -4.32% | 472.26M |
| AQR CAPITAL MANAGEMENT LLC | 3.33M | 166.37K | +5.26% | 458.02M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.67M | -8.98K | -0.33% | 372.30M |
| MORGAN STANLEY | 2.67M | -164.93K | -5.83% | 371.11M |
| ALLIANCEBERNSTEIN L.P. | 2.30M | -817.13K | -26.23% | 305.90M |
| STATE STREET CORP | 1.91M | 43.10K | +2.31% | 265.34M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.88M | 65.07K | +3.59% | 264.07M |
| SWEDBANK AB | 1.50M | 0 | 0.00% | 208.88M |
| INVESCO LTD. | 1.44M | 202.86K | +16.34% | 201.11M |
| BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. | 1.15M | -15.56K | -1.34% | 160.13M |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 1.02M | -79.42K | -7.25% | 141.38M |
| NEUBERGER BERMAN GROUP LLC | 976.46K | 9.72K | +1.01% | 135.97M |
| TD ASSET MANAGEMENT INC | 974.96K | 246.25K | +33.79% | 135.76M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 962.68K | 416.29K | +76.19% | 134.05M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 792.26K | -55.31K | -6.53% | 110.32M |
| EPOCH INVESTMENT PARTNERS, INC. | 742.41K | 281.95K | +61.23% | 103.38M |
| LAZARD ASSET MANAGEMENT LLC | 734.35K | 34.58K | +4.94% | 102.26M |
| SUMITOMO MITSUI TRUST GROUP, INC. | 707.96K | 34.35K | +5.10% | 98.58M |
| DIMENSIONAL FUND ADVISORS LP | 703.18K | 60.41K | +9.40% | 97.92M |
| NORGES BANK | 675.79K | 675.79K | New | 94.10M |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 675.40K | 46.08K | +7.32% | 94.05M |
| NORTHERN TRUST CORP | 631.96K | -3.06K | -0.48% | 88.00M |
Insights
- Revenue by product
- Revenue by region
| Period | Value |
|---|---|
| FY2011 | Non Warehouse: 20681000.0, Warehouse: 33560000.0 |
| FY2012 | Nonwarehouse Product Groups: 21426000.0, Warehouse Product Groups: 40068000.0 |
| FY2013 | Nonwarehouse Product Groups: 23007000.0, Warehouse Product Groups: 39409000.0 |
| FY2014 | Nonwarehouse Product Groups: 31499000.0, Warehouse Product Groups: 40084000.0 |
| FY2015 | Non Warehouse Product Groups: 28518000.0, Warehouse Product Groups: 50097000.0 |
| FY2016 | Non Warehouse Product Groups: 36685000.0, Warehouse Product Groups: 48311000.0 |
| FY2017 | Non Warehouse Product Groups: 19734000.0, Warehouse Product Groups: 52579000.0 |
| FY2020 | Cloud Subscriptions: 79830000.0, Hardware: 16941000.0, License And Maintenance: 38284000.0, Maintenance: 147748000.0, Service Other: 303569000.0 |
| FY2021 | Cloud Subscriptions: 122195000.0, Hardware: 23738000.0, License And Maintenance: 37070000.0, Maintenance: 145841000.0, Service Other: 334799000.0 |
| FY2022 | Cloud Subscriptions: 176458000.0, Hardware: 29484000.0, License And Maintenance: 24848000.0, Maintenance: 142198000.0, Service Other: 394096000.0 |
| FY2023 | Cloud Subscriptions: 254612000.0, Hardware: 24102000.0, License and Maintenance: 18206000.0, Maintenance: 143936000.0, Service, Other: 487869000.0 |
| FY2024 | Cloud Subscriptions: 337203000.0, Hardware: 26243000.0, License and Maintenance: 15085000.0, Maintenance: 138304000.0, Service, Other: 525517000.0 |
| FY2025 | Cloud Subscriptions: 408138000.0, Hardware: 25419000.0, License and Maintenance: 14819000.0, Maintenance: 129972000.0, Service, Other: 503044000.0 |
| Period | Value |
|---|---|
| FY2011 | Americas: 654366000.0, Asia Pacific: 46215000.0, Europe Middle East And Africa: 97026000.0 |
| FY2012 | Americas: 741526000.0, Asia Pacific: 54433000.0, Europe Middle East And Africa: 118274000.0 |
| FY2013 | Americas: 821894000.0, Asia Pacific: 64554000.0, E M E A: 126939000.0 |
| FY2014 | Americas: 974559000.0, Asia Pacific: 72823000.0, E M E A: 152404000.0 |
| FY2015 | Americas: 1122442000.0, Asia Pacific: 55393000.0, E M E A: 173635000.0 |
| FY2016 | Non Us: 144800000.0 |
| FY2017 | Non Us: 168300000.0 |
| FY2018 | Americas: 4200000.0, Asia Pacific: 28927000.0, E M E A: 84744000.0 |
| FY2019 | Americas: 4500000.0, Asia Pacific: 29842000.0, E M E A: 98273000.0 |
| FY2020 | Americas: 465939000.0, Asia Pacific: 26851000.0, E M E A: 93582000.0 |
| FY2021 | Americas: 526215000.0, Asia Pacific: 26854000.0, E M E A: 110574000.0 |
| FY2022 | Americas: 603884000.0, Asia Pacific: 34262000.0, E M E A: 128938000.0 |
| FY2023 | Americas: 719195000.0, Asia Pacific: 42892000.0, E M E A: 166638000.0 |
| FY2024 | Americas: 802486000.0, Asia Pacific: 49343000.0, E M E A: 190523000.0 |
| FY2025 | Americas: 810426000.0, Asia Pacific: 55170000.0, E M E A: 215796000.0 |
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