With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.97 million shares. The 52-week range on MANH shows that it touched its highest point at $312.60 and its lowest point at $140.81 during that stretch. It currently has a 1-year price target of $199.86. Beta for the stock currently stands at 1.08.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MANH was up-trending over the past week, with a rise of 3.68%, but this was up by 25.62% over a month. Three-month performance dropped to -8.37% while six-month performance fell -30.43%. The stock lost -12.74% in the past year, while it has lost -31.95% so far this year. A look at the trailing 12-month EPS for MANH yields 3.51 with Next year EPS estimates of 5.02. For the next quarter, that number is 1.13. This implies an EPS growth rate of -3.06% for this year and 9.62% for next year. EPS is expected to grow by 10.02% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.66%.
Float and Shares Shorts:
At present, 60.71 million MANH shares are outstanding with a float of 59.85 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MANH since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.62345 being high and $4.60343 being low. For MANH, this leads to a yearly average estimate of $4.61344.
