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MANH logo MANH
Upturn stock ratingUpturn stock rating
MANH logo

Manhattan Associates Inc (MANH)

Upturn stock ratingUpturn stock rating
$197.25
Last Close (24-hour delay)
Profit since last BUY5.56%
upturn advisory
Consider higher Upturn Star rating
BUY since 35 days
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

06/27/2025: MANH (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

10 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Year Target Price $211.12

Year Target Price $211.12

Analyst’s Price TargetsFor last 52 week
$211.12Target price
Low$140.81
Current$197.25
high$312.6

Analysis of Past Performance

Type Stock
Historic Profit 2.45%
Avg. Invested days 40
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 11.98B USD
Price to earnings Ratio 56.52
1Y Target Price 203.35
Price to earnings Ratio 56.52
1Y Target Price 203.35
Volume (30-day avg) -
Beta 1.08
52 Weeks Range 140.81 - 312.60
Updated Date 06/29/2025
52 Weeks Range 140.81 - 312.60
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 3.49

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 20.67%
Operating Margin (TTM) 15.83%

Management Effectiveness

Return on Assets (TTM) 24.41%
Return on Equity (TTM) 89.6%

Valuation

Trailing PE 56.52
Forward PE 42.92
Enterprise Value 11823228881
Price to Sales(TTM) 11.4
Enterprise Value 11823228881
Price to Sales(TTM) 11.4
Enterprise Value to Revenue 11.25
Enterprise Value to EBITDA 42.77
Shares Outstanding 60715000
Shares Floating 60123624
Shares Outstanding 60715000
Shares Floating 60123624
Percent Insiders 1.42
Percent Institutions 102.68

Analyst Ratings

Rating 4.2
Target Price 211.12
Buy 2
Strong Buy 5
Buy 2
Strong Buy 5
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Manhattan Associates Inc

stock logo

Company Overview

overview logo History and Background

Manhattan Associates was founded in 1990. It began as a warehouse management systems provider and has evolved into a supply chain and omnichannel commerce solutions company. It went public in 1998.

business area logo Core Business Areas

  • Supply Chain Commerce Solutions: Provides software and hardware solutions to manage supply chains, including warehouse management, transportation management, and order management.
  • Omnichannel Commerce Solutions: Offers solutions for retailers to manage their online and in-store operations, including order fulfillment, store inventory management, and point-of-sale systems.
  • Professional Services: Provides consulting, implementation, and training services to help clients deploy and optimize their Manhattan Associates solutions.

leadership logo Leadership and Structure

Eddie Capel is the CEO. The company has a traditional corporate structure with departments such as sales, marketing, product development, and customer support.

Top Products and Market Share

overview logo Key Offerings

  • Warehouse Management System (WMS): Manhattan's WMS is a leading solution for managing warehouse operations, including inventory control, order fulfillment, and labor management. The WMS market is highly competitive, with companies like Blue Yonder and Oracle as major players. It's difficult to pinpoint exact market share for each module, but WMS solutions generally contribute a large part to Manhattan Associates' overall revenue. Competitors include Blue Yonder, Oracle, and SAP.
  • Transportation Management System (TMS): Manhattan's TMS helps companies optimize their transportation operations, including route planning, freight management, and carrier selection. The TMS market is also competitive, with companies like Oracle and Blue Yonder offering similar solutions. Again it's difficult to pinpoint exact market share for each module, but TMS solutions generally contribute a part to Manhattan Associates' overall revenue. Competitors include Blue Yonder, Oracle, and SAP.
  • Order Management System (OMS): Manhattan Active Omni is a cloud-native OMS solution designed for omnichannel retailers to manage orders across all channels. Competitors include IBM Sterling Order Management, Salesforce Commerce Cloud, and Shopify Plus.

Market Dynamics

industry overview logo Industry Overview

The supply chain and omnichannel commerce solutions market is growing due to increased e-commerce activity, rising customer expectations, and the need for greater supply chain efficiency. This growth is driven by increasing complexity and globalization of supply chains.

Positioning

Manhattan Associates is a leader in the supply chain and omnichannel commerce solutions market, known for its comprehensive product suite and strong customer relationships. It differentiates itself through its focus on innovation and customer success.

Total Addressable Market (TAM)

The total addressable market for supply chain management software is estimated to be in the tens of billions of dollars annually. Manhattan Associates is well-positioned to capture a significant share of this market.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Comprehensive product suite
  • Deep industry expertise
  • High customer retention
  • Innovation in cloud solutions

Weaknesses

  • Relatively high price point compared to some competitors
  • Complex implementations can require significant resources
  • Limited presence in certain geographic regions

Opportunities

  • Growing demand for cloud-based solutions
  • Expansion into new markets and industries
  • Increased adoption of omnichannel commerce
  • Partnerships with other technology providers
  • Leveraging AI and machine learning to enhance solutions

Threats

  • Increased competition from established players and new entrants
  • Economic downturns that could reduce IT spending
  • Rapid technological changes that could require significant investments in R&D
  • Cybersecurity threats and data breaches

Competitors and Market Share

competitor logo Key Competitors

  • JDA (Blue Yonder)
  • ORCL
  • SAP

Competitive Landscape

Manhattan Associates faces competition from large enterprise software vendors and smaller, specialized players. Its strengths include its comprehensive product suite, deep industry expertise, and strong customer relationships. Its weaknesses include its relatively high price point and complex implementations.

Major Acquisitions

Radius Logistics

  • Year: 2020
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Radius Logistics was a long-term partner and acquisition enabled Manhattan Associates to enhance their transportation management offering.

Growth Trajectory and Initiatives

Historical Growth: Manhattan Associates has experienced consistent revenue growth over the past several years, driven by increased demand for its supply chain and omnichannel commerce solutions. Cloud solutions have become a major growth driver.

Future Projections: Analyst estimates suggest continued revenue growth for Manhattan Associates, driven by the growing demand for its solutions and its expansion into new markets. Cloud revenue is expected to increase.

Recent Initiatives: Recent initiatives include investments in cloud-based solutions, expansion of its partner ecosystem, and acquisitions of companies with complementary technologies.

Summary

Manhattan Associates is a strong company with a leading position in the supply chain and omnichannel commerce solutions market. It benefits from a comprehensive product suite, deep industry expertise, and strong customer relationships. However, it faces challenges from increased competition and the need to adapt to rapid technological changes. Its focus on cloud solutions and strategic acquisitions should help it sustain growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Manhattan Associates Investor Relations
  • 10-K and 10-Q filings
  • Industry reports
  • Analyst reports

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share data is approximate and may vary depending on the source.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Manhattan Associates Inc

Exchange NASDAQ
Headquaters Atlanta, GA, United States
IPO Launch date 1998-04-22
President, CEO & Director Mr. Eric A. Clark
Sector Technology
Industry Software - Application
Full time employees 4690
Full time employees 4690

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers warehouse management solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and transportation management solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, call center, POS, and customer engagement tools for enterprises and stores. The company also provides inventory optimization and allocation solutions; technology platform including Manhattan Active Platform solutions, a cloud-native product designed to provide version-less product access; maintenance services, which offers on-premises software licensees with software upgrades for additional or improved functionality and technological advances; and professional services, such as solutions planning and implementation, and related consulting services. In addition, it provides training and change management services; and resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel and partnership agreements with various organizations. It serves retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, high technology and electronics, life sciences, and government industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.