Home News Latest Trend: Manhattan Associates (NASDAQ: MANH)

Latest Trend: Manhattan Associates (NASDAQ: MANH)

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Manhattan Associates is part of the technology sector and is in the application software industry. The company CEO is Eddie Capel. Manhattan Associates Inc develops, sells, deploys, services and maintains software solutions designed to manage supply chains, inventory and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations.

Previous Intraday Trading Performance:

The MANH stock showed a previous change of 2.58% with an open at 64.81 and a close of 65.50. It reached an intraday high of 66.31 and a low of 63.72.

SeekingAlpha:  How To Pick Top Momentum Stocks In Technology

Liquidity:

The stock has a market cap of $4.2b with 64.6m shares outstanding, of which the float is 63.4m shares. Trading volume reached 642,867 shares compared to its average volume of 513,132 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Manhattan Associates shares returned 1.17% and in the past 30 trading days it returned 7.18%. Over three months, it changed 22.84%. In one year it has changed 49.95% and within that year its 52-week high was 68.96 and its 52-week low was 39.01. MANH stock is 67.91% above its 52 Week Low.

Our calculations show a 200 day moving average of 53.61 and a 50 day moving average of 62.17. Currently MANH stock is trading 22.18% above its 200 day moving average.

SeekingAlpha:  Manhattan Associates, Inc. (MANH) CEO Eddie Capel on Q1 2019 Results – Earnings Call Transcript

Earnings:

The last annual fiscal EPS for the company was reported at 1.58 that ended on 31st of December 2018, which according to the previous close, that is a PE of 41.46. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.27. The TTM EPS is 1.57, which comes to a TTM PE of 41.72. Historically, the PE high was 72.00 and the PE low was 23.20. If the stock reached its PE low, that would represent a price of 36.42, which is a decrease of -44.39%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/23/2019): 0.32
4thQtr of 2018 (Reported on 02/05/2019): 0.40
3rdQtr of 2018 (Reported on 10/23/2018): 0.43
2ndQtr of 2018 (Reported on 07/24/2018): 0.42
1stQtr of 2018 (Reported on 04/24/2018): 0.33

Base on our calculations, the intrinsic value per share is 22.64, which means it may be overvalued by -189.32%.

Indicators to Watch:

The current calculated beta is 1.49.

SeekingAlpha:  Manhattan Associates, Inc. (MANH) CEO Eddie Capel on Q1 2019 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 73.54%, return on assets is 32.23%, profit margin is 17.97%, price-to-sales is 7.15 and price-to-book is 28.37.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 3  :Past Performance Score
 5  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.