Manhattan Associates Stock Price on September 30, 2023

MANH Stock  USD 285.44  2.24  0.78%   
Below is the normalized historical share price chart for Manhattan Associates extending back to April 23, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Manhattan Associates stands at 285.44, as last reported on the 30th of November, with the highest price reaching 291.78 and the lowest price hitting 285.43 during the day.
IPO Date
22nd of April 1998
200 Day MA
251.0076
50 Day MA
282.0256
Beta
1.517
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Manhattan Stock, it is important to understand the factors that can impact its price. Manhattan Associates is very steady at the moment. Manhattan Associates has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Manhattan Associates, which you can use to evaluate the volatility of the firm. Please verify Manhattan Associates' Mean Deviation of 1.33, risk adjusted performance of 0.0728, and Downside Deviation of 2.0 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
  
As of now, Manhattan Associates' Stock Based Compensation To Revenue is increasing as compared to previous years. . As of now, Manhattan Associates' Price To Free Cash Flows Ratio is increasing as compared to previous years. The Manhattan Associates' current Price To Book Ratio is estimated to increase to 50.22, while Price Earnings Ratio is projected to decrease to 52.55. Manhattan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1001

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Estimated Market Risk

 1.88
  actual daily
16
84% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Manhattan Associates is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Manhattan Associates by adding it to a well-diversified portfolio.
Price Book
63.2131
Enterprise Value Ebitda
65.4459
Price Sales
17.0114
Shares Float
60.5 M
Wall Street Target Price
289.83

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Manhattan Associates Valuation on September 30, 2023

It is possible to determine the worth of Manhattan Associates on a given historical date. On September 30, 2023 Manhattan was worth 199.08 at the beginning of the trading date compared to the closed value of 197.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manhattan Associates stock. Still, in general, we apply an absolute valuation method to find Manhattan Associates' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Manhattan Associates where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manhattan Associates' related companies.
 Open High Low Close Volume
  194.34    197.98    193.27    197.17    271,031  
09/29/2023
  199.08    202.15    196.36    197.66    258,613  
  197.14    198.96    196.76    198.86    249,501  
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Open Value
199.08
193.44
Downside
197.66
Closing Value
204.72
Upside

Manhattan Associates Trading Date Momentum on September 30, 2023

On October 02 2023 Manhattan Associates was traded for  198.86  at the closing time. The top price for the day was 198.96  and the lowest listed price was  196.76 . The trading volume for the day was 249.5 K. The trading history from October 2, 2023 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.61% . The trading delta at closing time against the current closing price is 3.79% .

Manhattan Associates Fundamentals Correlations and Trends

By evaluating Manhattan Associates' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Manhattan Associates' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Manhattan financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Manhattan Associates Stock history

Manhattan Associates investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Manhattan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Manhattan Associates will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Manhattan Associates stock prices may prove useful in developing a viable investing in Manhattan Associates
Last ReportedProjected for Next Year
Common Stock Shares Outstanding62.6 M72.6 M
Net Income Applicable To Common Shares148.3 M155.7 M

Manhattan Associates Quarterly Net Working Capital

90.07 Million

Manhattan Associates Stock Technical Analysis

Manhattan Associates technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Manhattan Associates technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Manhattan Associates trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Manhattan Associates Period Price Range

Low
November 30, 2024
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Manhattan Associates cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Manhattan Associates November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Manhattan Associates stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manhattan Associates shares will generate the highest return on investment. By undertsting and applying Manhattan Associates stock market strength indicators, traders can identify Manhattan Associates entry and exit signals to maximize returns

Manhattan Associates Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Manhattan Associates' price direction in advance. Along with the technical and fundamental analysis of Manhattan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Manhattan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Manhattan Stock analysis

When running Manhattan Associates' price analysis, check to measure Manhattan Associates' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manhattan Associates is operating at the current time. Most of Manhattan Associates' value examination focuses on studying past and present price action to predict the probability of Manhattan Associates' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manhattan Associates' price. Additionally, you may evaluate how the addition of Manhattan Associates to your portfolios can decrease your overall portfolio volatility.
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