Consensus Estimates and Trading Data for Manhattan Associates, Inc. (MANH)

In the past 52-week period, shares of Manhattan Associates, Inc. (NASDAQ:MANH) have moved within the range of $40.83 to $55.74. On the stock’s most recent trading day, the company’s shares ended the regular session at $41.86, which is 24.9% lower than its 52-week high.

Manhattan Associates, Inc. (MANH) has demonstrated a 20-day simple moving average (SMA) of -9.36%, and a 50-day SMA of -4.85%. This public company’s current market capitalization stands at $3.03 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

When considering entering a position, it is crucial to understand the average enthusiasm level expressed by Wall Street analysts for that particular stock. According to the latest data, the consensus recommendation for Manhattan Associates, Inc. (MANH) is Hold.

Publicly-traded organizations typically post revenue and earnings results that fall either above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Manhattan Associates, Inc. (MANH) delivered a 1.71% surprise with its net revenue. Sales reached $0.15 billion during the three-month period, compared to the average analyst estimate of $0.15 billion.

Meanwhile, during the same quarter Manhattan Associates, Inc. (MANH) delivered a 3.24% earnings surprise. Net earnings for the quarter were posted at $0.51 per share, whereas Wall Street had forecast $0.49 per share.

Ownership at Manhattan Associates, Inc. (MANH), According to Most Recent SEC Filings

We can find critical insight by examining institutional ownership, which are reported in public companies’ most recent 13F filings. Manhattan Associates, Inc. (MANH) has 0.07 billion shares outstanding currently, 107.97% of which belong to institutional investors. Those institutional holdings amount to $3.16 billion.

Additionally, according to the most recent 13F filing from Manhattan Associates, Inc. (MANH), there were 35 new positions totaling 2,949,215 shares of the company’s stock. There were 46 sold out positions, on the other hand, totaling 731,214 shares.

Short, Medium and Long Term Indicators

A stock’s average trade volume, as recorder over the short, medium and long terms, is helpful to analyze in order to gain a better understanding of trading activity and investor sentiment. Manhattan Associates, Inc. (MANH) has had a 20-day average volume of 990,580 shares, with an average of 60% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 759,990 shares, with an average of 25% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 725,567 shares with 67% of long-term indicators pointing to Sell.