Manhattan Associates Inc (NASDAQ: MANH) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.79 versus $0.79 for the same period a year ago — flat performance. E.P.S. were $3.56 for the latest four quarters through December 31 versus $2.86 for the same period a year ago — an increase of 24%.
Recent Price Action
Manhattan Associates Inc (NASDAQ: MANH) stock closed at $295.10 on 1/28/25 after a large increase of 2.4%. Moreover, trading volume in this advance was unusually high at 181% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.9% during the last week.
Current PriceTarget Research Rating
Manhattan Associates has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Manhattan Associates has a poor Appreciation Score of 18 but a good Power Rating of 80, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment