Headlines about Manhattan Associates (NASDAQ:MANH) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Manhattan Associates earned a news impact score of 0.17 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 47.1627368080607 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Manhattan Associates (MANH) traded up $0.42 during mid-day trading on Friday, hitting $43.70. 311,078 shares of the stock traded hands, compared to its average volume of 774,653. Manhattan Associates has a twelve month low of $40.75 and a twelve month high of $55.74. The stock has a market cap of $3,040.00, a price-to-earnings ratio of 24.45 and a beta of 1.15.

Manhattan Associates (NASDAQ:MANH) last posted its earnings results on Tuesday, October 24th. The software maker reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.02. Manhattan Associates had a net margin of 20.38% and a return on equity of 74.19%. The business had revenue of $152.88 million for the quarter, compared to analyst estimates of $150.30 million. During the same period in the prior year, the company posted $0.50 EPS. The company’s revenue for the quarter was up .4% on a year-over-year basis. equities research analysts expect that Manhattan Associates will post 1.75 earnings per share for the current fiscal year.

Several equities research analysts have weighed in on the company. BidaskClub downgraded Manhattan Associates from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 9th. Zacks Investment Research raised Manhattan Associates from a “sell” rating to a “hold” rating in a research report on Saturday, November 18th. KeyCorp reaffirmed a “hold” rating on shares of Manhattan Associates in a research report on Tuesday, October 17th. Finally, SunTrust Banks, Inc. raised Manhattan Associates from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research report on Tuesday, October 3rd. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $65.00.

In related news, CEO Eddie Capel sold 23,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $42.04, for a total value of $966,920.00. Following the transaction, the chief executive officer now directly owns 180,057 shares of the company’s stock, valued at approximately $7,569,596.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.01% of the company’s stock.

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About Manhattan Associates

Manhattan Associates, Inc (Manhattan) is a developer and provider of supply chain commerce solutions. The Company operates through three geographical segments: the Americas, Europe, Middle East and Africa (EMEA), and the Asia Pacific (APAC). It is engaged in developing, selling, deploying, servicing and maintaining software solutions designed to manage supply chains, inventory and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations.

Insider Buying and Selling by Quarter for Manhattan Associates (NASDAQ:MANH)

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