Is MANH a good stock to buy right now?

Based on our 6-factor quantitative model, MANHATTAN ASSOCIATES INC (MANH) receives a "Reduce" rating with a composite score of 43.1/100. It is ranked #3,171 out of 4,446 stocks. Key factor scores: Quality 50/100, Value 54/100, Momentum 25/100. The timing signal is "Bearish". This is quantitative analysis only — not investment advice.

What is the stock rating for MANH?

MANHATTAN ASSOCIATES INC (MANH) has a "Reduce" rating and 2-star score. The composite score of 43.1 ranks it #3,171 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is MANH in?

MANHATTAN ASSOCIATES INC operates in the Technology sector (Computer Software industry) with a market cap of $8.04 billion. It is classified as a mid-cap stock.

Does MANH pay a dividend?

MANH does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is MANH's P/E ratio?

MANH has a trailing P/E ratio of 34.51x. The Technology sector average is 45.3x. This above-average P/E reflects growth expectations or premium valuation.

How profitable is MANH?

MANH's quality factor score is 50/100. Gross margin: 56.5%. ROE: 73.6% vs sector average -1.4%. High margins suggest pricing power and competitive moats.

How is MANH valued compared to peers?

MANH's value factor score is 54/100 (higher = cheaper). Key multiples: P/E 34.5x, EV/EBITDA 27.2x. Valuation is roughly in line with peers.

What is MANH's debt level?

MANH's debt-to-equity ratio is 167%. Sector average: 43%. Elevated leverage increases credit risk.

MANH has a beta of 1.27, meaning it amplifies market moves. Stability score: 55/100.

Does MANH have high short interest?

MANH's short interest factor score is 52/100 (higher = less short selling). Moderate short interest.

MANH Stock Analysis: Top Mid-Cap Reduce (Score 43.1/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
MANH	-6.75%	-7.30%	-18.34%	-28.17%	-25.12%	-	-	-
Industry Proxy XLK	+0.27%	+5.31%	+3.48%	-1.32%	-30.31%	-	-	-
U.S. Market SPY	+0.58%	+3.77%	+1.12%	-0.29%	+23.93%	-	-	-
Alpha vs Market	-7.33%	-11.07%	-19.46%	-27.87%	-49.05%	-	-	-
Alpha vs Sector	-7.02%	-12.61%	-21.82%	-26.85%	+5.19%	-	-	-

Metric	MANH	Benchmark
P/E Ratio	34.5x	-24%
EV/EBITDA	27.2x	+113%
Price / Book	25.4x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
VRSN VERISIGN INC/CA	56	79	59	40	30.7x	-41.1%	88.0%	50.6%	8.3%	-87.0x	$23.0B	VS
IHS IHS Holding Ltd	55	42	63	63	-	-616.0%	48.0%	-96.1%	-	365.0x	$2.8B	VS
LHX L3HARRIS TECHNOLOGIES, INC. /DE/	55	50	52	66	37.5x	9.0%	25.5%	8.1%	10.3%	110.0x	$66.1B	VS
ESP ESPEY MFG & ELECTRONICS CORP	53	48	44	71	25.8x	12.8%	29.0%	17.1%	-11.7%	66.0x	$169M	VS
NYAX Nayax Ltd.	52	38	46	78	-	-13.6%	44.6%	-1.8%	-	30.0x	$2.2B	VS
ESE ESCO TECHNOLOGIES INC	52	49	40	69	65.6x	7.4%	40.8%	10.4%	16.3%	9.0x	$7.6B	VS
INTT INTEST CORP	52	50	32	72	-	-3.2%	43.1%	-3.1%	-22.8%	46.0x	$179M	VS
KARO Karooooo Ltd.	49	50	72	53	-	117.1%	69.5%	20.3%	-	10.0x	$1.6B	VS
MTC MMTec, Inc.	47	32	40	96	-	-1,370.8%	81.6%	-4,879.7%	-	120.0x	$136M	VS
CCLD CareCloud, Inc.	47	38	71	60	12.4x	18.5%	48.0%	9.6%	10.6%	47.0x	$154M	VS
MANH MANHATTAN ASSOCIATES INC	43	50	54	25	34.5x	73.6%	56.5%	21.5%	4.0%	167.0x	$8.0B

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.6%	0.6%	0.5%	0.5%	0.5%	0.6%	0.5%	0.5%	0.6%	0.6%	0.6%
Operating Margin %	0.3%	0.3%	0.3%	0.2%	0.2%	0.2%	0.2%	0.2%	0.2%	0.3%	0.3%
EBITDA Margin %	0.3%	0.3%	0.3%	0.2%	0.2%	0.2%	0.2%	0.2%	0.3%	0.3%	0.3%
Net Margin %	0.2%	0.2%	0.2%	0.2%	0.2%	0.2%	0.1%	0.1%	0.2%	0.2%	0.2%
FCF Margin %	6.9%	-	-	-	-	-	23.6%	21.3%	23.3%	26.6%	21.9%
ROE %	0.7%	0.7%	0.7%	0.6%	0.6%	0.4%	0.4%	0.6%	0.7%	0.7%	0.7%
ROA %	0.3%	0.3%	0.3%	0.3%	0.2%	0.2%	0.2%	0.2%	0.3%	0.4%	0.4%
ROIC %	444.1%	70.2%	69.1%	59.6%	53.2%	42.3%	634.9%	289.8%	220.3%	296.7%	208.1%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.6%

0.5%

0.6%

0.5%

0.6%

Operating Margin %

0.3%

0.2%

0.3%

EBITDA Margin %

0.3%

0.2%

0.3%

Net Margin %

0.2%

0.1%

0.2%

FCF Margin %

6.9%

23.6%

21.3%

23.3%

26.6%

21.9%

ROE %

0.7%

0.6%

0.4%

0.6%

0.7%

ROA %

0.3%

0.2%

0.3%

0.4%

ROIC %

444.1%

70.2%

69.1%

59.6%

53.2%

42.3%

634.9%

289.8%

220.3%

296.7%

208.1%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$1.1B	$1.1B	$1.0B	$929M	$767M	$664M	$586M	$618M	$559M	$595M	$605M	$556M
	—	$472M	$471M	$431M	$358M	$298M	—	—	—	—	—	—
	$608M	$609M	$571M	$498M	$409M	$366M	$316M	$333M	$318M	$349M	$355M	$321M
Gross Margin	56.5%	56.3%	54.8%	53.6%	53.3%	55.1%	54.0%	53.9%	56.9%	58.7%	58.7%	57.7%
	—	$145M	$138M	$127M	$112M	$98M	$84M	$88M	$72M	$58M	$55M	$54M
Depreciation	—	$6M	$6M	$6M	$7M	$8M	$9M	$8M	$9M	$9M	$9M	$8M
Total Operating Expenses	—	$329M	$310M	$288M	$256M	$231M	—	—	—	—	—	—
	$288M	$280M	$262M	$210M	$153M	$134M	$114M	$116M	$134M	$186M	$194M	$161M
EBIT	$288M	$280M	$262M	$210M	$153M	$134M	$114M	$116M	$134M	$186M	$194M	$161M
EBITDA	$294M	$286M	$268M	$216M	$159M	$142M	$123M	$123M	$144M	$193M	$204M	$169M
Operating Margin	26.7%	25.9%	25.1%	22.6%	19.9%	20.2%	19.4%	18.8%	23.9%	31.2%	32.1%	29.0%
EBITDA Margin	27.3%	26.5%	25.7%	23.2%	20.8%	21.4%	20.9%	20.0%	25.7%	32.4%	33.7%	30.4%
	—	—	—	—	—	—	-$98K	-$715K	-$1M	-$1M	-$1M	-$1M
	—	$286M	$267M	$214M	$158M	$134M	—	—	—	—	—	—
Income Tax Expense	—	$66M	$48M	$37M	$29M	$24M	$27M	$30M	$32M	$68M	$72M	$59M
	$232M	$220M	$218M	$177M	$129M	$110M	$87M	$86M	$105M	$116M	$124M	$103M
Net Margin	21.5%	20.3%	20.9%	19.0%	16.8%	16.7%	14.9%	13.9%	18.7%	19.6%	20.5%	18.6%
	$3.64	$3.64	$3.56	$2.86	$2.05	$1.74	$1.37	$1.33	$1.58	$1.68	$1.73	$1.41
Diluted EPS	$3.64	$3.60	$3.51	$2.82	$2.03	$1.72	$1.37	$1.33	$1.58	$1.68	$1.73	$1.41
Weighted Avg Basic	—	60M	61M	62M	63M	63M	—	—	—	—	—	—
Weighted Avg Diluted	—	61M	62M	63M	63M	64M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$1.1B

$1.0B

$929M

$767M

$664M

$586M

$618M

$559M

$595M

$605M

$556M

—

$472M

$471M

$431M

$358M

$298M

—

$608M

$609M

$571M

$498M

$409M

$366M

$316M

$333M

$318M

$349M

$355M

$321M

Gross Margin

56.5%

56.3%

54.8%

53.6%

53.3%

55.1%

54.0%

53.9%

56.9%

58.7%

57.7%

—

$145M

$138M

$127M

$112M

$98M

$84M

$88M

$72M

$58M

$55M

$54M

Depreciation

—

$6M

$7M

$8M

$9M

$8M

$9M

$8M

Total Operating Expenses

—

$329M

$310M

$288M

$256M

$231M

—

$288M

$280M

$262M

$210M

$153M

$134M

$114M

$116M

$134M

$186M

$194M

$161M

EBIT

$288M

$280M

$262M

$210M

$153M

$134M

$114M

$116M

$134M

$186M

$194M

$161M

EBITDA

$294M

$286M

$268M

$216M

$159M

$142M

$123M

$144M

$193M

$204M

$169M

Operating Margin

26.7%

25.9%

25.1%

22.6%

19.9%

20.2%

19.4%

18.8%

23.9%

31.2%

32.1%

29.0%

EBITDA Margin

27.3%

26.5%

25.7%

23.2%

20.8%

21.4%

20.9%

20.0%

25.7%

32.4%

33.7%

30.4%

—

-$98K

-$715K

-$1M

—

$286M

$267M

$214M

$158M

$134M

—

Income Tax Expense

—

$66M

$48M

$37M

$29M

$24M

$27M

$30M

$32M

$68M

$72M

$59M

$232M

$220M

$218M

$177M

$129M

$110M

$87M

$86M

$105M

$116M

$124M

$103M

Net Margin

21.5%

20.3%

20.9%

19.0%

16.8%

16.7%

14.9%

13.9%

18.7%

19.6%

20.5%

18.6%

$3.64

$3.56

$2.86

$2.05

$1.74

$1.37

$1.33

$1.58

$1.68

$1.73

$1.41

Diluted EPS

$3.64

$3.60

$3.51

$2.82

$2.03

$1.72

$1.37

$1.33

$1.58

$1.68

$1.73

$1.41

Weighted Avg Basic

—

60M

61M

62M

63M

—

Weighted Avg Diluted

—

61M

62M

63M

64M

—

MANHATTAN ASSOCIATES INC (MANH) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does MANHATTAN ASSOCIATES INC Do?

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and store omni-channel solutions. The company also provides inventory optimization, planning, and allocation solutions; maintenance services comprising customer support services and software enhancements; professional services, such as solutions planning and implementation, and related consulting services; and training and change management services. In addition, it 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, as well as through partnership agreements with various organizations. It serves grocery, food and beverage, manufacturing, medical and pharmaceutical, retail, third-party logistics, and wholesale 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. MANHATTAN ASSOCIATES INC (MANH) is classified as a mid-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Eddie Capel and employs approximately 4,150 people, headquartered in ATLANTA, Georgia. With a market capitalization of $8.0B, MANH is one of the notable companies in the Technology sector.

MANHATTAN ASSOCIATES INC (MANH) Stock Rating — Reduce (April 2026)

As of April 2026, MANHATTAN ASSOCIATES INC receives a Reduce rating with a composite score of 43.1/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.MANH ranks #3,171 out of 4,446 stocks in our coverage universe. Within the Technology sector, MANHATTAN ASSOCIATES INC ranks #366 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

MANH Stock Price and 52-Week Range

MANHATTAN ASSOCIATES INC (MANH) currently trades at $124.49. The 52-week high for MANH is $247.22, which means the stock is currently trading -49.6% from its annual peak. The 52-week low is $127.86, putting the stock -2.6% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is MANH Overvalued or Undervalued? — Valuation Analysis

MANHATTAN ASSOCIATES INC (MANH) carries a value factor score of 54/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 34.51x, compared to the Technology sector average of 45.27x — a discount of 24%. The price-to-book ratio stands at 25.41x, versus the sector average of 3.16x. The price-to-sales ratio is 7.42x, compared to 1.06x for the average Technology stock. On an enterprise value basis, MANH trades at 27.17x EV/EBITDA, versus 12.79x for the sector.

Overall, MANH's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

MANHATTAN ASSOCIATES INC Profitability — ROE, Margins, and Quality Score

MANHATTAN ASSOCIATES INC (MANH) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 73.6%, compared to the Technology sector average of -1.4%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 27.6% versus the sector average of -1.0%.

On a margin basis, MANHATTAN ASSOCIATES INC reports gross margins of 56.5%, compared to 50.9% for the sector. The operating margin is 26.7% (sector: -0.5%). Net profit margin stands at 21.5%, versus -1.5% for the average Technology stock. Revenue growth is running at 4.0% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

MANH Debt, Balance Sheet, and Financial Health

MANHATTAN ASSOCIATES INC has a debt-to-equity ratio of 167.0%, compared to the Technology sector average of 43.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.28x, suggesting adequate working capital coverage. Total debt on the balance sheet is $0. Cash and equivalents stand at $264M.

MANH has a beta of 1.27, meaning it is more volatile than the broader market — a $10,000 investment in MANH would be expected to move 26.8% more than the S&P 500 on any given day. The stability factor score for MANHATTAN ASSOCIATES INC is 55/100, reflecting average volatility within the normal range for its sector.

MANHATTAN ASSOCIATES INC Revenue and Earnings History — Quarterly Trend

In TTM 2026, MANHATTAN ASSOCIATES INC reported revenue of $1.08B and earnings per share (EPS) of $3.64. Net income for the quarter was $232M. Gross margin was 56.5%. Operating income came in at $288M.

In FY 2025, MANHATTAN ASSOCIATES INC reported revenue of $1.08B and earnings per share (EPS) of $3.64. Net income for the quarter was $220M. Gross margin was 56.3%. Revenue grew 3.7% year-over-year compared to FY 2024. Operating income came in at $280M.

In Q3 2025, MANHATTAN ASSOCIATES INC reported revenue of $276M and earnings per share (EPS) of $0.97. Net income for the quarter was $59M. Gross margin was 56.6%. Revenue grew 3.4% year-over-year compared to Q3 2024. Operating income came in at $76M.

In Q2 2025, MANHATTAN ASSOCIATES INC reported revenue of $272M and earnings per share (EPS) of $0.94. Net income for the quarter was $57M. Gross margin was 57.3%. Revenue grew 2.7% year-over-year compared to Q2 2024. Operating income came in at $74M.

Over the past 8 quarters, MANHATTAN ASSOCIATES INC has demonstrated a growth trajectory, with revenue expanding from $265M to $1.08B. Investors analyzing MANH stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

MANH Dividend Yield and Income Analysis

MANHATTAN ASSOCIATES INC (MANH) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

MANH Momentum and Technical Analysis Profile

MANHATTAN ASSOCIATES INC (MANH) has a momentum factor score of 25/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 32/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 52/100 reflects moderate short selling activity.

MANH vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, MANHATTAN ASSOCIATES INC (MANH) ranks #366 out of 584 stocks based on the Blank Capital composite score. This places MANH in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing MANH against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MANH vs S&P 500 (SPY) comparison to assess how MANHATTAN ASSOCIATES INC stacks up against the broader market across all factor dimensions.

MANH Next Earnings Date

No upcoming earnings date has been announced for MANHATTAN ASSOCIATES INC (MANH) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy MANH? — Investment Thesis Summary

The quantitative profile for MANHATTAN ASSOCIATES INC suggests caution. Momentum is weak at 25/100, a headwind for near-term performance.

In summary, MANHATTAN ASSOCIATES INC (MANH) earns a Reduce rating with a composite score of 43.1/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MANH stock.

Related Resources for MANH Investors

Explore more research and tools: MANH vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MANH head-to-head with peers: MANH vs IHS, MANH vs VRSN, MANH vs ESE.

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MANHATTAN ASSOCIATES INC (MANH) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does MANHATTAN ASSOCIATES INC Do?

MANHATTAN ASSOCIATES INC (MANH) Stock Rating — Reduce (April 2026)

MANH Stock Price and 52-Week Range

Is MANH Overvalued or Undervalued? — Valuation Analysis

MANHATTAN ASSOCIATES INC Profitability — ROE, Margins, and Quality Score

MANH Debt, Balance Sheet, and Financial Health

MANHATTAN ASSOCIATES INC Revenue and Earnings History — Quarterly Trend

MANH Dividend Yield and Income Analysis

MANH Momentum and Technical Analysis Profile

MANH vs Competitors — Technology Sector Ranking and Peer Comparison

MANH Next Earnings Date

Should You Buy MANH? — Investment Thesis Summary

Related Resources for MANH Investors

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