Is Manhattan Associates, Inc (NASDAQ: MANH) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

MANH belongs to the Technology sector of the NASDAQ while operating in the Software – Application industry. The current market capitalization of Manhattan Associates, Inc is $11.20B. A total of 0.61 million shares were traded on the day, compared to an average of 649.36K shares.

In the most recent transaction, Gantt James Stewart bought 3,475 shares of MANH for 288.10 per share on Nov 26 ’24. In a previous transaction on Nov 29 ’24, Richards Bruce sold 4,150 shares at 289.73 per share. MANH shares that SVP, CLO & Secretary owns now total 22,086.

Among the insiders who sold shares, Gantt James Stewart disposed of 3,475 shares on Nov 26 ’24 at a per-share price of $288.10. This resulted in the EVP, Professional Services holding 42,812 shares of MANH after the transaction. In another insider transaction, BRUCE S RICHARDS bought 4,150 shares at $289.73 per share on Nov 29 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MANH has a high of $312.60 and a low of $169.94.

As of this writing, MANH has an earnings estimate of $1.03 per share for the current quarter. EPS was calculated based on a consensus of 9.0 estimates, with a high estimate of $1.06 per share and a lower estimate of $1.0.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MANH’s latest balance sheet shows that the firm has $263.71M in Cash & Short Term Investments as of fiscal 2021. There were $23.16M in debt and $249.04M in liabilities at the time. Its Book Value Per Share was $4.91, while its Total Shareholder’s Equity was $250.64M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MANH is Buy with a score of 4.67.

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